Enova International (NYSE:ENVA) Chairman David Fisher Sells 9,491 Shares of Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 9,491 shares of the firm’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $244.01, for a total value of $2,315,898.91. Following the completion of the transaction, the chairman owned 306,444 shares in the company, valued at $74,775,400.44. The trade was a 3.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, August 26th, David Fisher sold 9,078 shares of Enova International stock. The stock was sold at an average price of $239.16, for a total transaction of $2,171,094.48.
• On Wednesday, June 17th, David Fisher sold 33,060 shares of Enova International stock. The shares were sold at an average price of $199.05, for a total transaction of $6,580,593.00.

Enova International Price Performance

Shares of NYSE:ENVA traded up $1.08 during midday trading on Thursday, hitting $237.70. The company’s stock had a trading volume of 164,311 shares, compared to its average volume of 309,466. The business’s 50 day simple moving average is $239.74 and its 200 day simple moving average is $184.79. The company has a debt-to-equity ratio of 3.35, a quick ratio of 18.42 and a current ratio of 18.42. The company has a market cap of $5.92 billion, a P/E ratio of 17.62 and a beta of 1.22. Enova International, Inc. has a 12-month low of $103.02 and a 12-month high of $267.45.

Enova International (NYSE:ENVA) last posted its quarterly earnings results on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share for the quarter, topping analysts’ consensus estimates of $3.99 by $0.32. The firm had revenue of $928.93 million for the quarter, compared to analyst estimates of $909.61 million. Enova International had a net margin of 10.31% and a return on equity of 26.66%. Enova International’s quarterly revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the business posted $3.23 earnings per share. On average, analysts forecast that Enova International, Inc. will post 16.3 EPS for the current year.

Analyst Upgrades and Downgrades

ENVA has been the subject of several analyst reports. Zacks Research upgraded Enova International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. TD Cowen lifted their price target on Enova International from $250.00 to $257.00 and gave the stock a “buy” rating in a report on Friday, July 24th. BTIG Research boosted their price target on shares of Enova International from $199.00 to $270.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Wall Street Zen lowered shares of Enova International from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company’s stock. According to MarketBeat, Enova International has an average rating of “Buy” and an average target price of $247.83.

Institutional Investors Weigh In On Enova International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Legato Capital Management LLC acquired a new stake in shares of Enova International during the 4th quarter worth about $1,851,000. California State Teachers Retirement System lifted its position in Enova International by 26.7% in the first quarter. California State Teachers Retirement System now owns 29,411 shares of the credit services provider’s stock valued at $3,995,000 after buying an additional 6,205 shares during the last quarter. J.Safra Asset Management Corp purchased a new position in Enova International during the second quarter worth about $1,464,000. Tieton Capital Management LLC purchased a new position in Enova International during the second quarter worth about $26,577,000. Finally, Geode Capital Management LLC increased its position in shares of Enova International by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock valued at $96,095,000 after acquiring an additional 18,258 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

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.