Insider Selling: Enova International (NYSE:ENVA) Chairman Sells $3,463,600.00 in Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 20,000 shares of Enova International stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $173.18, for a total transaction of $3,463,600.00. Following the completion of the transaction, the chairman directly owned 306,444 shares of the company’s stock, valued at $53,069,971.92. The trade was a 6.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Wednesday, February 18th, David Fisher sold 7,143 shares of Enova International stock. The stock was sold at an average price of $149.49, for a total transaction of $1,067,807.07.

Enova International Stock Performance

Shares of NYSE:ENVA opened at $163.36 on Thursday. Enova International, Inc. has a 52 week low of $89.00 and a 52 week high of $176.68. The stock has a market capitalization of $4.07 billion, a P/E ratio of 13.23 and a beta of 1.32. The firm has a fifty day simple moving average of $149.70 and a two-hundred day simple moving average of $147.25. The company has a quick ratio of 20.42, a current ratio of 20.42 and a debt-to-equity ratio of 3.45.

Enova International (NYSE:ENVA) last issued its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $3.87 EPS for the quarter, topping analysts’ consensus estimates of $3.66 by $0.21. The business had revenue of $875.14 million during the quarter, compared to analysts’ expectations of $854.52 million. Enova International had a net margin of 9.95% and a return on equity of 25.89%. The business’s revenue was up 17.4% on a year-over-year basis. During the same period last year, the company posted $2.98 EPS. On average, analysts expect that Enova International, Inc. will post 15.37 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Enova International

Several large investors have recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in shares of Enova International by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock valued at $96,095,000 after purchasing an additional 18,258 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Enova International by 2,933.1% in the 4th quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock valued at $21,847,000 after purchasing an additional 134,393 shares in the last quarter. CX Institutional raised its holdings in shares of Enova International by 2.7% in the 4th quarter. CX Institutional now owns 72,224 shares of the credit services provider’s stock valued at $11,354,000 after purchasing an additional 1,872 shares in the last quarter. CSM Advisors LLC raised its holdings in shares of Enova International by 16.7% in the 3rd quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider’s stock valued at $7,199,000 after purchasing an additional 8,972 shares in the last quarter. Finally, Hillsdale Investment Management Inc. raised its holdings in shares of Enova International by 3.9% in the 1st quarter. Hillsdale Investment Management Inc. now owns 62,211 shares of the credit services provider’s stock valued at $8,450,000 after purchasing an additional 2,351 shares in the last quarter. Institutional investors own 89.43% of the company’s stock.

Analysts Set New Price Targets

ENVA has been the subject of several analyst reports. Maxim Group raised their target price on shares of Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. Stephens raised their target price on shares of Enova International from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. TD Cowen raised their target price on shares of Enova International from $165.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Wall Street Zen lowered shares of Enova International from a “strong-buy” rating to a “buy” rating in a report on Sunday. One investment analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $198.80.

Enova International Company Profile

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.