Linda Johnson Rice Sells 2,700 Shares of Enova International, Inc. (NYSE:ENVA) Stock

Enova International, Inc. (NYSE:ENVA) Director Linda Johnson Rice sold 2,700 shares of the business’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $88.29, for a total transaction of $238,383.00. Following the transaction, the director now directly owns 7,486 shares in the company, valued at approximately $660,938.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Linda Johnson Rice also recently made the following trade(s):

• On Wednesday, May 15th, Linda Johnson Rice sold 1,750 shares of Enova International stock. The stock was sold at an average price of $63.02, for a total transaction of $110,285.00.

Enova International Price Performance

ENVA stock traded down $6.34 during trading on Friday, hitting $77.78. The company had a trading volume of 403,886 shares, compared to its average volume of 250,374. The company has a fifty day moving average price of $65.46 and a two-hundred day moving average price of $62.03. Enova International, Inc. has a fifty-two week low of $35.30 and a fifty-two week high of $88.42. The company has a market cap of $2.05 billion, a P/E ratio of 13.99 and a beta of 1.45. The company has a current ratio of 12.07, a quick ratio of 12.07 and a debt-to-equity ratio of 2.78.

Enova International (NYSE:ENVA) last issued its earnings results on Tuesday, July 23rd. The credit services provider reported $2.21 EPS for the quarter, beating the consensus estimate of $2.07 by $0.14. The company had revenue of $628.44 million for the quarter, compared to the consensus estimate of $622.92 million. Enova International had a net margin of 7.52% and a return on equity of 16.53%. The firm’s revenue for the quarter was up 25.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.57 EPS. Equities research analysts expect that Enova International, Inc. will post 7.87 earnings per share for the current fiscal year.

Institutional Trading of Enova International

Hedge funds have recently modified their holdings of the company. GAMMA Investing LLC acquired a new stake in shares of Enova International in the fourth quarter valued at approximately $37,000. J.Safra Asset Management Corp lifted its stake in Enova International by 83.8% in 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. SG Americas Securities LLC bought a new position in Enova International during the 1st quarter worth approximately $223,000. Lazard Asset Management LLC boosted its stake in Enova International by 21.1% during the 1st quarter. Lazard Asset Management LLC now owns 3,649 shares of the credit services provider’s stock worth $228,000 after acquiring an additional 636 shares during the last quarter. Finally, Smith Shellnut Wilson LLC ADV acquired a new position in Enova International during the second quarter valued at approximately $235,000. Institutional investors and hedge funds own 89.43% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ENVA shares. StockNews.com upgraded shares of Enova International from a “hold” rating to a “buy” rating in a research note on Thursday, May 2nd. BMO Capital Markets raised their price objective on Enova International from $60.00 to $62.00 and gave the stock a “market perform” rating in a research report on Thursday, April 25th. TD Cowen boosted their price objective on Enova International from $70.00 to $76.00 and gave the company a “hold” rating in a research report on Wednesday, July 24th. JMP Securities raised their target price on Enova International from $78.00 to $93.00 and gave the stock a “market outperform” rating in a research report on Wednesday, July 24th. Finally, Jefferies Financial Group boosted their price target on shares of Enova International from $70.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, April 9th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Enova International currently has an average rating of “Moderate Buy” and an average target price of $76.80.

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.