Enova International, Inc. (NYSE:ENVA) CEO David Fisher Sells 10,000 Shares

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 10,000 shares of Enova International stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $105.47, for a total value of $1,054,700.00. Following the transaction, the chief executive officer now directly owns 389,925 shares in the company, valued at approximately $41,125,389.75. This trade represents a 2.50 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, November 6th, David Fisher sold 13,314 shares of Enova International stock. The stock was sold at an average price of $101.74, for a total transaction of $1,354,566.36.

Enova International Price Performance

Shares of NYSE:ENVA opened at $105.54 on Thursday. The stock has a market capitalization of $2.77 billion, a P/E ratio of 16.83 and a beta of 1.42. The business has a 50-day moving average of $90.85 and a two-hundred day moving average of $77.61. Enova International, Inc. has a fifty-two week low of $40.37 and a fifty-two week high of $108.15. The company has a debt-to-equity ratio of 2.79, a current ratio of 15.82 and a quick ratio of 15.82.

Enova International (NYSE:ENVA) last posted its earnings results on Tuesday, October 22nd. The credit services provider reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.14. Enova International had a return on equity of 18.41% and a net margin of 7.19%. The firm had revenue of $689.92 million during the quarter, compared to analyst estimates of $666.33 million. During the same period in the previous year, the company earned $1.33 EPS. The company’s revenue for the quarter was up 25.1% on a year-over-year basis. On average, equities research analysts predict that Enova International, Inc. will post 8.04 EPS for the current fiscal year.

Enova International declared that its board has initiated a share repurchase plan on Monday, August 12th that permits the company to repurchase $300.00 million in outstanding shares. This repurchase authorization permits the credit services provider to repurchase up to 12.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in Enova International by 27.6% during the second quarter. GAMMA Investing LLC now owns 855 shares of the credit services provider’s stock valued at $53,000 after acquiring an additional 185 shares during the period. USA Financial Formulas acquired a new position in shares of Enova International during the 3rd quarter worth about $76,000. J.Safra Asset Management Corp boosted its stake in Enova International by 25.1% during the 2nd quarter. J.Safra Asset Management Corp now owns 1,163 shares of the credit services provider’s stock valued at $72,000 after purchasing an additional 233 shares during the period. F M Investments LLC acquired a new stake in Enova International in the 3rd quarter valued at approximately $242,000. Finally, Lazard Asset Management LLC increased its position in Enova International by 21.1% in the 1st quarter. Lazard Asset Management LLC now owns 3,649 shares of the credit services provider’s stock worth $228,000 after buying an additional 636 shares during the period. 89.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. StockNews.com upgraded shares of Enova International from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. Janney Montgomery Scott downgraded shares of Enova International from a “buy” rating to a “neutral” rating in a research note on Monday, August 26th. Stephens assumed coverage on Enova International in a report on Wednesday, November 13th. They set an “overweight” rating and a $108.00 price objective for the company. JMP Securities boosted their target price on Enova International from $103.00 to $109.00 and gave the company a “market outperform” rating in a research note on Wednesday, October 23rd. Finally, BTIG Research upped their target price on Enova International from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $91.14.

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.