J.Safra Asset Management Corp boosted its holdings in shares of Enova International, Inc. (NYSE:ENVA – Free Report) by 40.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,327 shares of the credit services provider’s stock after buying an additional 1,543 shares during the period. J.Safra Asset Management Corp’s holdings in Enova International were worth $591,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the business. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of Enova International in the 1st quarter worth $56,000. GAMMA Investing LLC grew its stake in shares of Enova International by 56.5% in the 1st quarter. GAMMA Investing LLC now owns 1,729 shares of the credit services provider’s stock worth $167,000 after acquiring an additional 624 shares in the last quarter. Yorktown Management & Research Co Inc bought a new stake in shares of Enova International in the 1st quarter worth $217,000. Kendall Capital Management bought a new stake in shares of Enova International in the 2nd quarter worth $544,000. Finally, SG Americas Securities LLC bought a new stake in shares of Enova International in the 1st quarter worth $824,000. Institutional investors and hedge funds own 89.43% of the company’s stock.
Insider Transactions at Enova International
In other news, CEO David Fisher sold 6,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $125.89, for a total value of $755,340.00. Following the sale, the chief executive officer directly owned 348,223 shares of the company’s stock, valued at approximately $43,837,793.47. This represents a 1.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Steven E. Cunningham sold 26,310 shares of the stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $105.72, for a total transaction of $2,781,493.20. Following the completion of the sale, the chief financial officer directly owned 131,157 shares in the company, valued at approximately $13,865,918.04. The trade was a 16.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 92,788 shares of company stock valued at $11,009,765. 8.40% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on Enova International
Enova International Price Performance
Shares of NYSE:ENVA opened at $105.99 on Tuesday. The company has a quick ratio of 18.15, a current ratio of 18.15 and a debt-to-equity ratio of 3.23. The firm has a market capitalization of $2.65 billion, a PE ratio of 11.25 and a beta of 1.49. Enova International, Inc. has a twelve month low of $79.41 and a twelve month high of $130.34. The company has a 50-day moving average price of $114.83 and a two-hundred day moving average price of $105.00.
Enova International (NYSE:ENVA – Get Free Report) last issued its earnings results on Thursday, July 24th. The credit services provider reported $3.23 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.23. The firm had revenue of $764.04 million during the quarter, compared to analyst estimates of $756.69 million. Enova International had a net margin of 8.75% and a return on equity of 23.33%. The company’s quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the business earned $2.21 earnings per share. Equities analysts forecast that Enova International, Inc. will post 10.31 EPS for the current year.
About Enova International
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.
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