Insider Selling: Enova International, Inc. (NYSE:ENVA) CEO Sells 5,000 Shares of Stock

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $101.75, for a total value of $508,750.00. Following the sale, the chief executive officer now directly owns 348,223 shares in the company, valued at approximately $35,431,690.25. This represents a 1.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Enova International Stock Performance

Shares of NYSE ENVA opened at $99.36 on Friday. Enova International, Inc. has a 12-month low of $57.46 and a 12-month high of $117.56. The company has a current ratio of 9.52, a quick ratio of 15.82 and a debt-to-equity ratio of 2.98. The company has a market cap of $2.56 billion, a PE ratio of 13.36 and a beta of 1.43. The stock has a 50 day simple moving average of $104.07 and a 200-day simple moving average of $97.16.

Enova International (NYSE:ENVA) last released its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.08. Enova International had a return on equity of 19.94% and a net margin of 7.88%. On average, equities research analysts forecast that Enova International, Inc. will post 10.31 EPS for the current year.

Hedge Funds Weigh In On Enova International

Several large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets increased its stake in shares of Enova International by 28.6% during the third quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock valued at $4,865,000 after acquiring an additional 12,928 shares during the period. Crossmark Global Holdings Inc. acquired a new position in shares of Enova International during the 4th quarter valued at $206,000. Farther Finance Advisors LLC increased its position in shares of Enova International by 672.9% during the 4th quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider’s stock valued at $36,000 after purchasing an additional 323 shares during the period. Tieton Capital Management LLC raised its stake in shares of Enova International by 0.7% in the 4th quarter. Tieton Capital Management LLC now owns 132,760 shares of the credit services provider’s stock worth $12,729,000 after buying an additional 900 shares in the last quarter. Finally, Cibc World Markets Corp acquired a new stake in shares of Enova International in the fourth quarter valued at $229,000. Institutional investors and hedge funds own 89.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. JMP Securities raised their price target on shares of Enova International from $125.00 to $135.00 and gave the stock a “market outperform” rating in a research report on Wednesday, February 5th. Stephens lifted their target price on Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a research note on Wednesday, February 5th. Maxim Group upped their target price on Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Finally, BTIG Research raised their price target on Enova International from $122.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, February 5th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $110.14.

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.