David Fisher Sells 7,180 Shares of Enova International (NYSE:ENVA) Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 7,180 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $160.37, for a total transaction of $1,151,456.60. Following the completion of the transaction, the chairman directly owned 306,444 shares of the company’s stock, valued at approximately $49,144,424.28. The trade was a 2.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, May 22nd, David Fisher sold 3,076 shares of Enova International stock. The stock was sold at an average price of $158.45, for a total value of $487,392.20.
• On Thursday, May 7th, David Fisher sold 20,000 shares of Enova International stock. The stock was sold at an average price of $173.18, for a total value of $3,463,600.00.

Enova International Price Performance

ENVA traded up $1.65 during trading on Tuesday, reaching $159.16. The stock had a trading volume of 134,628 shares, compared to its average volume of 276,373. The stock has a market cap of $3.96 billion, a PE ratio of 12.89 and a beta of 1.32. The company has a debt-to-equity ratio of 3.45, a quick ratio of 20.42 and a current ratio of 20.42. Enova International, Inc. has a one year low of $90.87 and a one year high of $176.68. The business has a 50-day moving average of $153.31 and a 200-day moving average of $149.56.

Enova International (NYSE:ENVA) last released its earnings results on Thursday, April 23rd. The credit services provider reported $3.87 EPS for the quarter, beating analysts’ consensus estimates of $3.66 by $0.21. The business had revenue of $875.14 million for 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 revenue was up 17.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.98 earnings per share. As a group, equities research analysts anticipate that Enova International, Inc. will post 15.37 EPS for the current fiscal year.

Hedge Funds Weigh In On Enova International

Several hedge funds and other institutional investors have recently modified their holdings of ENVA. SG Americas Securities LLC increased its position in shares of Enova International by 2,933.1% during the fourth quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock valued at $21,847,000 after buying an additional 134,393 shares during the period. Informed Momentum Co LLC purchased a new position in shares of Enova International during the fourth quarter valued at about $6,243,000. Marshall Wace LLP purchased a new position in shares of Enova International during the fourth quarter valued at about $4,412,000. 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 buying an additional 18,258 shares during the period. Finally, Legato Capital Management LLC purchased a new position in shares of Enova International during the fourth quarter valued at about $1,851,000. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Stephens boosted their target price on Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Zacks Research raised Enova International from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 10th. Maxim Group boosted their target price on Enova International from $191.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Finally, TD Cowen increased their price target on shares of Enova International from $165.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $198.80.

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.