Enova International (NYSE:ENVA) Chairman David Fisher Sells 9,491 Shares of Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 9,491 shares of Enova International stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $244.01, for a total value of $2,315,898.91. Following the sale, the chairman owned 306,444 shares of the company’s stock, valued at approximately $74,775,400.44. This trade represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Wednesday, August 26th, David Fisher sold 9,078 shares of Enova International stock. The shares were sold at an average price of $239.16, for a total transaction of $2,171,094.48.
• On Wednesday, June 17th, David Fisher sold 33,060 shares of Enova International stock. The stock was sold at an average price of $199.05, for a total transaction of $6,580,593.00.

Enova International Trading Up 0.5%

ENVA stock traded up $1.08 during trading on Thursday, hitting $237.70. The company had a trading volume of 164,311 shares, compared to its average volume of 309,466. Enova International, Inc. has a 52-week low of $103.02 and a 52-week high of $267.45. The company has a 50 day simple moving average of $239.74 and a 200-day simple moving average of $184.79. The firm has a market capitalization of $5.92 billion, a P/E ratio of 17.62 and a beta of 1.22. The company has a quick ratio of 18.42, a current ratio of 18.42 and a debt-to-equity ratio of 3.35.

Enova International (NYSE:ENVA) last released its quarterly earnings data on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.99 by $0.32. The company had revenue of $928.93 million during the quarter, compared to analysts’ expectations of $909.61 million. Enova International had a net margin of 10.31% and a return on equity of 26.66%. The firm’s quarterly revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the company earned $3.23 EPS. As a group, research analysts forecast that Enova International, Inc. will post 16.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Citigroup reissued a “market outperform” rating on shares of Enova International in a research note on Friday, July 24th. Zacks Research upgraded shares of Enova International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Wall Street Zen downgraded shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 22nd. BTIG Research boosted their price target on shares of Enova International from $199.00 to $270.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Finally, Jefferies Financial Group upped their price target on shares of Enova International from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $247.83.

Institutional Trading of Enova International

Several large investors have recently bought and sold shares of the stock. California State Teachers Retirement System raised its position in Enova International by 23,319.0% during the second quarter. California State Teachers Retirement System now owns 6,887,767 shares of the credit services provider’s stock worth $1,658,092,000 after acquiring an additional 6,858,356 shares during the period. Geode Capital Management LLC increased its stake in Enova International by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock worth $96,095,000 after buying an additional 18,258 shares in the last quarter. Amundi increased its stake in Enova International by 66.6% during the 2nd quarter. Amundi now owns 207,684 shares of the credit services provider’s stock worth $49,996,000 after buying an additional 83,002 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Enova International during the second quarter valued at approximately $38,453,000. Finally, Tieton Capital Management LLC acquired a new position in shares of Enova International during the second quarter valued at approximately $26,577,000. Hedge funds and other institutional investors own 89.43% of the company’s stock.

About Enova International

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.