Insider Selling: Enova International, Inc. (NYSE:ENVA) General Counsel Sells $826,454.88 in Stock

Enova International, Inc. (NYSE:ENVA) General Counsel Sean Rahilly sold 10,158 shares of the company’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $81.36, for a total transaction of $826,454.88. Following the completion of the transaction, the general counsel now owns 101,949 shares in the company, valued at $8,294,570.64. The sale was disclosed in a filing with the SEC, which is available through this link.

Enova International Trading Down 2.6 %

NYSE:ENVA opened at $84.23 on Friday. Enova International, Inc. has a 52 week low of $35.30 and a 52 week high of $88.42. The firm has a 50 day moving average of $65.46 and a 200 day moving average of $62.03. The company has a quick ratio of 12.07, a current ratio of 12.07 and a debt-to-equity ratio of 2.78. The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 15.15 and a beta of 1.45.

Enova International (NYSE:ENVA) last posted its quarterly earnings results on Tuesday, July 23rd. The credit services provider reported $2.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.07 by $0.14. The business had revenue of $628.44 million during the quarter, compared to analysts’ expectations of $622.92 million. Enova International had a net margin of 7.52% and a return on equity of 16.53%. The business’s quarterly revenue was up 25.8% on a year-over-year basis. During the same quarter last year, the company posted $1.57 earnings per share. As a group, sell-side analysts anticipate that Enova International, Inc. will post 7.87 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ENVA. Maxim Group increased their price objective on shares of Enova International from $70.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, April 25th. JMP Securities increased their price objective on shares of Enova International from $78.00 to $93.00 and gave the company a “market outperform” rating in a research note on Wednesday, July 24th. StockNews.com upgraded shares of Enova International from a “hold” rating to a “buy” rating in a research note on Thursday, May 2nd. TD Cowen increased their target price on shares of Enova International from $70.00 to $76.00 and gave the company a “hold” rating in a research report on Wednesday, July 24th. Finally, BMO Capital Markets increased their target price on shares of Enova International from $60.00 to $62.00 and gave the company a “market perform” rating in a research report on Thursday, April 25th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Enova International currently has an average rating of “Moderate Buy” and a consensus target price of $76.80.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC acquired a new stake in Enova International during the fourth quarter valued at $37,000. J.Safra Asset Management Corp grew its position in Enova International by 83.8% during the first quarter. J.Safra Asset Management Corp now owns 930 shares of the credit services provider’s stock valued at $58,000 after buying an additional 424 shares during the period. Handelsbanken Fonder AB acquired a new stake in Enova International during the fourth quarter valued at $216,000. SG Americas Securities LLC acquired a new stake in Enova International during the first quarter valued at $223,000. Finally, Lazard Asset Management LLC grew its position in Enova International by 21.1% during the first quarter. Lazard Asset Management LLC now owns 3,649 shares of the credit services provider’s stock valued at $228,000 after buying an additional 636 shares during the period. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Enova International Company Profile

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.