Enova International (NYSE:ENVA) Chairman David Fisher Sells 9,957 Shares of Company Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 9,957 shares of Enova International stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $178.16, for a total transaction of $1,773,939.12. Following the completion of the sale, the chairman directly owned 306,444 shares of the company’s stock, valued at approximately $54,596,063.04. The trade was a 3.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Tuesday, October 27th, David Fisher sold 13,200 shares of Enova International stock. The shares were sold at an average price of $171.79, for a total transaction of $2,267,628.00.
• 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 stock was 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 stock has a market capitalization of $4.43 billion, a P/E ratio of 12.46 and a beta of 1.28. The company has a 50-day moving average price of $194.30 and a 200-day moving average price of $183.66. Enova International, Inc. has a 1 year low of $118.28 and a 1 year high of $267.45. The company has a debt-to-equity ratio of 3.43, a current ratio of 18.92 and a quick ratio of 18.91.

Enova International (NYSE:ENVA) last posted its earnings results on Thursday, October 22nd. The credit services provider reported $4.48 EPS for the quarter, topping the consensus estimate of $4.42 by $0.06. Enova International had a net margin of 10.47% and a return on equity of 27.25%. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1 billion. During the same period in the previous year, the firm posted $3.36 earnings per share. The firm’s revenue for the quarter was up 25.7% on a year-over-year basis. On average, equities research analysts forecast that Enova International, Inc. will post 16.32 EPS for the current fiscal year.

Institutional Trading of Enova International

Several institutional investors and hedge funds have recently made changes to their positions in ENVA. XML Financial LLC lifted its position in shares of Enova International by 106.1% during the third quarter. XML Financial LLC now owns 2,370 shares of the credit services provider’s stock valued at $396,000 after purchasing an additional 1,220 shares in the last quarter. Aviance Capital Partners LLC boosted its holdings in 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 purchasing an additional 211 shares during the last quarter. Vise Technologies Inc. boosted its holdings in 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 purchasing an additional 338 shares during the last quarter. State of Wyoming purchased a new position in Enova International during the third quarter worth about $69,000. Finally, BOKF NA grew its position in Enova International by 7.5% in the 3rd quarter. BOKF NA now owns 5,854 shares of the credit services provider’s stock worth $978,000 after purchasing an additional 409 shares in the last quarter. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Key Stories 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

Analyst Ratings Changes

ENVA has been the subject of a number of recent research reports. Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 22nd. Maxim Group dropped their target price on Enova International from $285.00 to $220.00 and set a “buy” rating on the stock in a report on Monday. Jefferies Financial Group dropped their target price on Enova International from $300.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, October 7th. TD Cowen lifted their target price on Enova International from $220.00 to $224.00 and gave the company a “buy” rating in a research report on Friday, October 23rd. Finally, Citizens Jmp upped their price target on Enova International from $215.00 to $220.00 and gave the stock a “market outperform” rating in a report on Friday, October 23rd. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $239.00.

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.