Insider Selling: Enova International (NYSE:ENVA) Chairman Sells 20,000 Shares of Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 20,000 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $173.18, for a total value of $3,463,600.00. Following the completion of the sale, the chairman owned 306,444 shares of the company’s stock, valued at $53,069,971.92. This represents a 6.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Wednesday, February 18th, David Fisher sold 7,143 shares of Enova International stock. The stock was sold at an average price of $149.49, for a total value of $1,067,807.07.

Enova International Stock Down 3.4%

Shares of NYSE ENVA traded down $5.91 during mid-day trading on Monday, reaching $168.99. 205,034 shares of the company were exchanged, compared to its average volume of 289,832. The company has a quick ratio of 20.42, a current ratio of 20.42 and a debt-to-equity ratio of 3.45. The stock has a market cap of $4.21 billion, a price-to-earnings ratio of 13.68 and a beta of 1.32. Enova International, Inc. has a 1 year low of $89.00 and a 1 year high of $176.68. The firm has a 50-day moving average of $147.68 and a 200 day moving average of $145.66.

Enova International (NYSE:ENVA) last issued its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, topping analysts’ consensus estimates of $3.66 by $0.21. The firm had revenue of $875.14 million during the quarter, compared to analysts’ expectations of $854.52 million. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The firm’s quarterly revenue was up 17.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.98 EPS. On average, research analysts expect that Enova International, Inc. will post 15.37 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC increased its position in Enova International by 26.9% during the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after buying an additional 64 shares in the last quarter. California State Teachers Retirement System increased its position in Enova International by 0.4% during the 2nd quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider’s stock valued at $2,706,000 after buying an additional 105 shares in the last quarter. Bessemer Group Inc. increased its position in Enova International by 174.2% during the 3rd quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock valued at $30,000 after buying an additional 162 shares in the last quarter. J.Safra Asset Management Corp increased its position in Enova International by 3.3% during the 3rd quarter. J.Safra Asset Management Corp now owns 5,503 shares of the credit services provider’s stock valued at $633,000 after buying an additional 176 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in Enova International during the 4th quarter valued at about $31,000. 89.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ENVA. Wall Street Zen cut Enova International from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Citigroup restated an “outperform” rating on shares of Enova International in a research note on Friday, April 24th. Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a research note on Tuesday, April 21st. Zacks Research upgraded Enova International from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Finally, Maxim Group upped their price objective on Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. Based on data from MarketBeat.com, Enova International has an average rating of “Buy” and an average target price of $198.80.

Enova International Company Profile

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.