Enova International, Inc. (NYSE:ENVA) CEO Sells $844,500.00 in Stock

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $84.45, for a total transaction of $844,500.00. Following the transaction, the chief executive officer now directly owns 413,239 shares of the company’s stock, valued at approximately $34,898,033.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, August 19th, David Fisher sold 10,000 shares of Enova International stock. The shares were sold at an average price of $83.46, for a total value of $834,600.00.

Enova International Trading Up 1.8 %

NYSE ENVA opened at $84.33 on Friday. The company has a debt-to-equity ratio of 2.78, a quick ratio of 12.07 and a current ratio of 12.07. Enova International, Inc. has a fifty-two week low of $35.30 and a fifty-two week high of $88.42. The stock has a market cap of $2.38 billion, a P/E ratio of 15.17 and a beta of 1.45. The stock has a 50 day simple moving average of $73.24 and a two-hundred day simple moving average of $65.32.

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

Analysts Set New Price Targets

A number of research analysts recently commented on the company. JMP Securities increased their target price on Enova International from $78.00 to $93.00 and gave the company a “market outperform” rating in a research note on Wednesday, July 24th. TD Cowen lifted their price target on shares of Enova International from $70.00 to $76.00 and gave the stock a “hold” rating in a research note on Wednesday, July 24th. StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research note on Thursday, May 2nd. BTIG Research started coverage on shares of Enova International in a research report on Wednesday, August 14th. They issued a “buy” rating and a $90.00 target price on the stock. Finally, Janney Montgomery Scott lowered Enova International from a “buy” rating to a “neutral” rating in a research report on Monday. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $79.00.

Institutional Investors Weigh In On Enova International

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC bought a new position in shares of Enova International in the 4th quarter worth approximately $37,000. J.Safra Asset Management Corp raised its holdings 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 worth $58,000 after purchasing an additional 424 shares in the last quarter. Handelsbanken Fonder AB purchased a new position in Enova International during the fourth quarter valued at $216,000. SG Americas Securities LLC purchased a new position in Enova International during the first quarter valued at $223,000. Finally, Lazard Asset Management LLC boosted its holdings in shares of 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 valued at $228,000 after buying an additional 636 shares in the last quarter. Institutional investors own 89.43% of the company’s stock.

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.