Enova International (NYSE:ENVA) Chairman David Fisher Sells 13,200 Shares of Company Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 13,200 shares of Enova International stock in a transaction dated Tuesday, October 27th. The shares were sold at an average price of $171.79, for a total transaction of $2,267,628.00. Following the sale, the chairman owned 306,444 shares of the company’s stock, valued at approximately $52,644,014.76. This represents a 4.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, October 28th, David Fisher sold 9,957 shares of Enova International stock. The stock was sold at an average price of $178.16, for a total transaction of $1,773,939.12.
• On Thursday, September 17th, David Fisher sold 20,750 shares of Enova International stock. The stock was sold at an average price of $178.24, for a total transaction of $3,698,480.00.
• On Tuesday, August 25th, David Fisher sold 9,491 shares of Enova International stock. The shares were sold at an average price of $244.01, for a total transaction of $2,315,898.91.
• 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.

Enova International Stock Up 0.6%

Shares of NYSE ENVA opened at $180.97 on Friday. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of 12.46 and a beta of 1.28. The company has a quick ratio of 18.91, a current ratio of 18.92 and a debt-to-equity ratio of 3.43. Enova International, Inc. has a 52-week low of $118.28 and a 52-week high of $267.45. The business’s 50 day moving average is $194.30 and its two-hundred day moving average is $183.66.

Enova International (NYSE:ENVA) last released its quarterly earnings results on Thursday, October 22nd. The credit services provider reported $4.48 EPS for the quarter, topping analysts’ consensus estimates of $4.42 by $0.06. Enova International had a return on equity of 27.25% and a net margin of 10.47%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same period in the prior year, the firm earned $3.36 earnings per share. The firm’s revenue was up 25.7% compared to the same quarter last year. Research analysts predict that Enova International, Inc. will post 16.32 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in ENVA. XML Financial LLC lifted its stake in Enova International by 106.1% in the third quarter. XML Financial LLC now owns 2,370 shares of the credit services provider’s stock valued at $396,000 after buying an additional 1,220 shares during the last quarter. Aviance Capital Partners LLC grew its position in shares of Enova International by 1.7% during the third quarter. Aviance Capital Partners LLC now owns 12,708 shares of the credit services provider’s stock worth $2,124,000 after acquiring an additional 211 shares during the last quarter. Vise Technologies Inc. grew its position in shares of Enova International by 9.7% during the third quarter. Vise Technologies Inc. now owns 3,814 shares of the credit services provider’s stock worth $637,000 after acquiring an additional 338 shares during the last quarter. State of Wyoming acquired a new position in shares of Enova International in the 3rd quarter valued at $69,000. Finally, BOKF NA increased its holdings in shares of Enova International by 7.5% in the 3rd quarter. BOKF NA now owns 5,854 shares of the credit services provider’s stock valued at $978,000 after acquiring an additional 409 shares during the period. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Analyst Ratings Changes

ENVA has been the topic of several research reports. Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a report on Thursday, October 15th. Wall Street Zen lowered shares of Enova International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 22nd. Jefferies Financial Group cut their price target on shares of Enova International from $300.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. Citizens Jmp increased their price target on shares of Enova International from $215.00 to $220.00 and gave the stock a “market outperform” rating in a research report on Friday, October 23rd. Finally, TD Cowen raised their price objective on shares of Enova International from $220.00 to $224.00 and gave the company a “buy” rating in a research note on Friday, October 23rd. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Enova International currently has a consensus rating of “Moderate Buy” and a consensus target price of $239.00.

Key Headlines Impacting Enova International

Here are the key news stories impacting Enova International this week:

• Positive Sentiment: An analyst upgrade helped support Enova’s shares on October 27. The move suggests improved expectations for the company’s earnings or valuation, despite differing views among analysts. Enova International Shares Up 4.8% Following Analyst Upgrade
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of Enova investors. The announcement does not establish wrongdoing, but it could weigh on sentiment by increasing legal and reputational uncertainty. Pomerantz Investor Alert
• Negative Sentiment: Several executives reported sizable stock sales. Chairman David Fisher sold 23,157 shares across October 27–28, CEO Steven Cunningham sold 15,305 shares, and insider Kirk Chartier sold 27,977 shares. The transactions reduced their respective holdings by approximately 3.15% to 26.65% and may be viewed as a near-term confidence signal, although insider sales can also reflect diversification or personal financial planning. SEC insider-trading filing
• Negative Sentiment: Maxim Group lowered its expectations for Enova’s stock price, counterbalancing the separate analyst upgrade and indicating that some analysts see less upside ahead. Maxim Group Lowers Enova Expectations

Enova International Company Profile

Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. Its offerings include consumer installment loans and lines of credit, as well as small-business financing products designed to provide access to working capital. The company serves customers who may have limited access to traditional bank credit and uses data-driven underwriting and technology-enabled platforms in its lending operations.

Enova markets its products through brands including CashNetUSA and NetCredit, which provide consumer financial services, and OnDeck, which focuses on lending to small businesses.