Insider Selling: Enova International, Inc. (NYSE:ENVA) CEO Sells $508,750.00 in Stock

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 5,000 shares of the business’s stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $101.75, for a total value of $508,750.00. Following the transaction, the chief executive officer now owns 348,223 shares of the company’s stock, valued at approximately $35,431,690.25. The trade was a 1.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Enova International Price Performance

ENVA stock opened at $96.04 on Friday. The firm has a market cap of $2.48 billion, a P/E ratio of 12.91 and a beta of 1.43. The firm’s fifty day moving average is $103.84 and its 200 day moving average is $97.45. Enova International, Inc. has a 52 week low of $57.46 and a 52 week high of $117.56. The company has a debt-to-equity ratio of 2.98, a quick ratio of 15.82 and a current ratio of 9.52.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.08. Enova International had a return on equity of 19.94% and a net margin of 7.88%. Research analysts predict that Enova International, Inc. will post 10.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Enova International

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

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.