Enova International (NYSE:ENVA) Chairman Sells $2,315,898.91 in Stock

Enova International, Inc. (NYSE:ENVAGet Free Report) Chairman David Fisher sold 9,491 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $244.01, for a total transaction of $2,315,898.91. Following the sale, the chairman directly owned 306,444 shares of the company’s stock, valued at approximately $74,775,400.44. This trade represents a 3.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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

  • On Wednesday, August 26th, David Fisher sold 9,078 shares of Enova International stock. The stock was sold at an average price of $239.16, for a total transaction of $2,171,094.48.
  • On Wednesday, June 17th, David Fisher sold 33,060 shares of Enova International stock. The shares were sold at an average price of $199.05, for a total transaction of $6,580,593.00.

Enova International Stock Down 1.9%

NYSE ENVA opened at $232.75 on Friday. The business has a fifty day moving average price of $241.04 and a two-hundred day moving average price of $185.66. The stock has a market capitalization of $5.80 billion, a PE ratio of 17.25 and a beta of 1.22. Enova International, Inc. has a fifty-two week low of $103.02 and a fifty-two week high of $267.45. The company has a debt-to-equity ratio of 3.35, a current ratio of 18.42 and a quick ratio of 18.42.

Enova International (NYSE:ENVAGet Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.99 by $0.32. Enova International had a return on equity of 26.66% and a net margin of 10.31%.The company had revenue of $928.93 million for the quarter, compared to analyst estimates of $909.61 million. During the same quarter last year, the company posted $3.23 EPS. The company’s revenue for the quarter was up 21.6% compared to the same quarter last year. Equities analysts expect that Enova International, Inc. will post 16.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on ENVA shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a research note on Friday, July 17th. Jefferies Financial Group raised their price objective on Enova International from $260.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. TD Cowen boosted their price objective on Enova International from $250.00 to $257.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Zacks Research raised Enova International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Finally, BTIG Research increased their target price on Enova International from $199.00 to $270.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, Enova International has a consensus rating of “Buy” and a consensus price target of $247.83.

Check Out Our Latest Report on Enova International

Hedge Funds Weigh In On Enova International

Several institutional investors and hedge funds have recently added to or reduced their stakes in ENVA. California State Teachers Retirement System increased its holdings in Enova International by 23,319.0% in the second quarter. California State Teachers Retirement System now owns 6,887,767 shares of the credit services provider’s stock valued at $1,658,092,000 after purchasing an additional 6,858,356 shares during the period. Bank of New York Mellon Corp acquired a new position in Enova International during the 2nd quarter worth about $38,453,000. Tieton Capital Management LLC acquired a new position in Enova International during the 2nd quarter worth about $26,577,000. Alyeska Investment Group L.P. bought a new stake in shares of Enova International in the 2nd quarter valued at about $25,749,000. Finally, Amundi grew its position in shares of Enova International by 66.6% in the 2nd quarter. Amundi now owns 207,684 shares of the credit services provider’s stock valued at $49,996,000 after buying an additional 83,002 shares during the last quarter. 89.43% of the stock is currently owned by institutional investors and hedge funds.

About Enova International

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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.

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