Insider Selling: Enova International (NYSE:ENVA) Director Sells $976,006.79 in Stock

Enova International, Inc. (NYSE:ENVA) Director William Goodyear sold 5,983 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $163.13, for a total transaction of $976,006.79. Following the completion of the transaction, the director owned 62,757 shares in the company, valued at approximately $10,237,549.41. This represents a 8.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Enova International Price Performance

NYSE:ENVA opened at $168.66 on Friday. Enova International, Inc. has a one year low of $92.75 and a one year high of $176.68. The company has a market cap of $4.20 billion, a P/E ratio of 13.66 and a beta of 1.28. The firm’s fifty day moving average price is $158.10 and its two-hundred day moving average price is $151.68. The company has a debt-to-equity ratio of 3.45, a current ratio of 20.42 and a quick ratio of 20.42.

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

Institutional Investors Weigh In On Enova International

A number of institutional investors have recently modified their holdings of the business. Geode Capital Management LLC boosted its position in shares of Enova International by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock valued at $96,095,000 after acquiring an additional 18,258 shares during the period. SG Americas Securities LLC lifted its position in Enova International by 2,933.1% during the fourth quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock worth $21,847,000 after purchasing an additional 134,393 shares during the period. CX Institutional lifted its position in Enova International by 2.7% during the fourth quarter. CX Institutional now owns 72,224 shares of the credit services provider’s stock worth $11,354,000 after purchasing an additional 1,872 shares during the period. CSM Advisors LLC lifted its position in Enova International by 16.7% during the third quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider’s stock worth $7,199,000 after purchasing an additional 8,972 shares during the period. Finally, Hillsdale Investment Management Inc. lifted its position in Enova International by 3.9% during the first quarter. Hillsdale Investment Management Inc. now owns 62,211 shares of the credit services provider’s stock worth $8,450,000 after purchasing an additional 2,351 shares during the period. Institutional investors own 89.43% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Citizens Jmp upped their price objective on shares of Enova International from $182.00 to $195.00 and gave the company a “market outperform” rating in a report on Friday, April 24th. Citigroup reissued an “outperform” rating on shares of Enova International in a research report on Friday, April 24th. BTIG Research reissued a “buy” rating and issued a $199.00 target price on shares of Enova International in a research report on Thursday, April 23rd. Wall Street Zen cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 10th. Finally, Stephens boosted their target price on shares of Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $198.80.

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.