Insider Selling: Enova International (NYSE:ENVA) Chairman Sells $1,151,456.60 in Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 7,180 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $160.37, for a total transaction of $1,151,456.60. Following the completion of the transaction, the chairman directly owned 306,444 shares in the company, valued at $49,144,424.28. This trade represents a 2.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Friday, May 22nd, David Fisher sold 3,076 shares of Enova International stock. The stock was sold at an average price of $158.45, for a total transaction of $487,392.20.
• On Thursday, May 7th, David Fisher sold 20,000 shares of Enova International stock. The stock was sold at an average price of $173.18, for a total transaction of $3,463,600.00.

Enova International Trading Down 1.4%

Enova International stock opened at $159.08 on Friday. The company has a debt-to-equity ratio of 3.45, a current ratio of 20.42 and a quick ratio of 20.42. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of 12.88 and a beta of 1.32. Enova International, Inc. has a one year low of $90.87 and a one year high of $176.68. The company’s fifty day moving average price is $154.79 and its two-hundred day moving average price is $150.29.

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

Institutional Investors Weigh In On Enova International

Hedge funds have recently made changes to their positions in the stock. Legato Capital Management LLC bought a new stake in shares of Enova International in the fourth quarter valued at about $1,851,000. CSM Advisors LLC lifted its stake in shares of Enova International by 16.7% in the third quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider’s stock valued at $7,199,000 after buying an additional 8,972 shares during the period. SG Americas Securities LLC lifted its stake in shares of Enova International by 2,933.1% in the fourth quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock valued at $21,847,000 after buying an additional 134,393 shares during the period. Hillsdale Investment Management Inc. lifted its stake in shares of Enova International by 12.0% in the third quarter. Hillsdale Investment Management Inc. now owns 58,780 shares of the credit services provider’s stock valued at $6,765,000 after buying an additional 6,300 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its stake in shares of Enova International by 43.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 23,774 shares of the credit services provider’s stock valued at $3,737,000 after buying an additional 7,200 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. TD Cowen increased their target price on shares of Enova International from $165.00 to $190.00 and gave the stock a “buy” rating in a research 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 set a $199.00 target price on shares of Enova International in a research report on Thursday, April 23rd. Maxim Group increased their target price on shares of Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Finally, Wall Street Zen downgraded shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 10th. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus 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.