Enova International (NYSE:ENVA) Chairman Sells $487,392.20 in Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 3,076 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $158.45, for a total transaction of $487,392.20. Following the sale, the chairman directly owned 306,444 shares in the company, valued at approximately $48,556,051.80. This trade represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

David Fisher also recently made the following trade(s):

• On Thursday, May 21st, David Fisher sold 7,180 shares of Enova International stock. The shares were sold at an average price of $160.37, for a total transaction of $1,151,456.60.
• On Thursday, May 7th, David Fisher sold 20,000 shares of Enova International stock. The shares were sold at an average price of $173.18, for a total transaction of $3,463,600.00.

Enova International Stock Performance

NYSE ENVA traded up $1.65 during trading on Tuesday, hitting $159.16. 134,628 shares of the company’s stock traded hands, compared to its average volume of 276,373. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 12.89 and a beta of 1.32. Enova International, Inc. has a 12-month low of $90.87 and a 12-month high of $176.68. The company has a debt-to-equity ratio of 3.45, a quick ratio of 20.42 and a current ratio of 20.42. The business has a 50 day moving average of $153.31 and a 200-day moving average of $149.56.

Enova International (NYSE:ENVA) last released its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $3.87 EPS for the quarter, beating the consensus estimate of $3.66 by $0.21. The business had revenue of $875.14 million for the quarter, compared to the consensus estimate of $854.52 million. Enova International had a net margin of 9.95% and a return on equity of 25.89%. The company’s revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.98 earnings per share. As a group, equities research analysts anticipate that Enova International, Inc. will post 15.37 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ENVA shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. Zacks Research raised shares of Enova International from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Wall Street Zen downgraded shares of Enova International from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. Stephens increased their price target on shares of Enova International from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Finally, TD Cowen increased their price target on shares of Enova International from $165.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $198.80.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. CSM Advisors LLC raised its stake in shares of Enova International by 16.7% during the third quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider’s stock worth $7,199,000 after acquiring an additional 8,972 shares in the last quarter. Legato Capital Management LLC purchased a new position in shares of Enova International during the fourth quarter worth approximately $1,851,000. SG Americas Securities LLC raised its stake in shares of Enova International by 2,933.1% during the fourth quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock worth $21,847,000 after acquiring an additional 134,393 shares in the last quarter. Hillsdale Investment Management Inc. raised its stake in shares of Enova International by 12.0% during the third quarter. Hillsdale Investment Management Inc. now owns 58,780 shares of the credit services provider’s stock worth $6,765,000 after acquiring an additional 6,300 shares in the last quarter. Finally, Harbor Capital Advisors Inc. raised its stake in shares of Enova International by 43.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 23,774 shares of the credit services provider’s stock worth $3,737,000 after acquiring an additional 7,200 shares in the last quarter. 89.43% of the stock is owned by hedge funds and other institutional investors.

About Enova International

Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.