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

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $105.47, for a total transaction of $1,054,700.00. Following the sale, the chief executive officer now directly owns 389,925 shares of the company’s stock, valued at approximately $41,125,389.75. This trade represents a 2.50 % 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, 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 Trading Down 0.8 %

Shares of NYSE ENVA opened at $105.54 on Friday. The company has a debt-to-equity ratio of 2.79, a quick ratio of 15.82 and a current ratio of 15.82. Enova International, Inc. has a 52-week low of $40.37 and a 52-week high of $108.15. The firm has a 50 day moving average price of $91.25 and a two-hundred day moving average price of $77.80. The stock has a market cap of $2.77 billion, a P/E ratio of 16.83 and a beta of 1.42.

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

Enova International announced that its board has authorized a stock buyback program on Monday, August 12th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the credit services provider to repurchase up to 12.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ENVA shares. JMP Securities upped their price target on shares of Enova International from $103.00 to $109.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 23rd. TD Cowen upped their price target on shares of Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. Stephens initiated coverage on shares of Enova International in a report on Wednesday, November 13th. They set an “overweight” rating and a $108.00 price target for the company. StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. Finally, BTIG Research increased their price objective on shares of Enova International from $90.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.14.

Institutional Investors Weigh In On Enova International

Several large investors have recently modified their holdings of ENVA. GAMMA Investing LLC increased its position in shares of Enova International by 27.6% during the second quarter. GAMMA Investing LLC now owns 855 shares of the credit services provider’s stock worth $53,000 after buying an additional 185 shares during the period. J.Safra Asset Management Corp boosted its stake in Enova International by 25.1% during the second quarter. J.Safra Asset Management Corp now owns 1,163 shares of the credit services provider’s stock worth $72,000 after acquiring an additional 233 shares in the last quarter. USA Financial Formulas bought a new position in Enova International during the third quarter worth $76,000. Lazard Asset Management LLC boosted its stake in Enova International by 21.1% during the first quarter. Lazard Asset Management LLC now owns 3,649 shares of the credit services provider’s stock worth $228,000 after acquiring an additional 636 shares in the last quarter. Finally, Smith Shellnut Wilson LLC ADV bought a new position in Enova International during the second quarter worth $235,000. 89.43% of the stock is currently owned by institutional investors and hedge funds.

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.