David Fisher Sells 13,314 Shares of Enova International, Inc. (NYSE:ENVA) Stock

Enova International, Inc. (NYSE:ENVA - Get Free Report) CEO David Fisher sold 13,314 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $101.74, for a total value of $1,354,566.36. Following the completion of the sale, the chief executive officer now directly owns 399,925 shares of the company's stock, valued at $40,688,369.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Friday, August 23rd, David Fisher sold 10,000 shares of Enova International stock. The stock was sold at an average price of $84.45, for a total transaction of $844,500.00.
• On Monday, August 19th, David Fisher sold 10,000 shares of Enova International stock. The shares were sold at an average price of $83.46, for a total transaction of $834,600.00.

Enova International Price Performance

Shares of NYSE ENVA traded up $1.31 during midday trading on Friday, reaching $100.61. 210,342 shares of the company traded hands, compared to its average volume of 239,632. The stock's 50-day simple moving average is $84.86 and its 200-day simple moving average is $73.85. The company has a debt-to-equity ratio of 2.79, a quick ratio of 15.82 and a current ratio of 15.82. Enova International, Inc. has a 12 month low of $38.89 and a 12 month high of $102.11. The firm has a market cap of $2.64 billion, a PE ratio of 16.05 and a beta of 1.42.

Enova International (NYSE:ENVA - Get Free Report) last announced its quarterly earnings results on Tuesday, October 22nd. The credit services provider reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.14. The firm had revenue of $689.92 million during the quarter, compared to the consensus estimate of $666.33 million. Enova International had a net margin of 7.19% and a return on equity of 18.41%. The firm's quarterly revenue was up 25.1% on a year-over-year basis. During the same period last year, the firm posted $1.33 EPS. As a group, equities analysts anticipate that Enova International, Inc. will post 8.04 earnings per share for the current fiscal year.

Enova International announced that its Board of Directors has authorized a share buyback plan on Monday, August 12th that allows the company to repurchase $300.00 million in shares. This repurchase authorization allows the credit services provider to purchase up to 12.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ENVA. BNP Paribas Financial Markets raised its stake in shares of Enova International by 172.5% in the first quarter. BNP Paribas Financial Markets now owns 51,781 shares of the credit services provider's stock worth $3,253,000 after acquiring an additional 32,779 shares during the last quarter. Smith Shellnut Wilson LLC ADV acquired a new position in Enova International during the 2nd quarter worth $235,000. SG Americas Securities LLC bought a new position in Enova International in the 1st quarter valued at $223,000. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of Enova International by 1.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider's stock valued at $1,694,000 after buying an additional 200 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of Enova International by 27.6% during the second quarter. GAMMA Investing LLC now owns 855 shares of the credit services provider's stock worth $53,000 after acquiring an additional 185 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ENVA shares. TD Cowen upped their price target on Enova International from $85.00 to $96.00 and gave the company a "hold" rating in a report on Wednesday, October 23rd. JMP Securities upped their target price on Enova International from $103.00 to $109.00 and gave the company a "market outperform" rating in a research note on Wednesday, October 23rd. BTIG Research raised their target price on Enova International from $90.00 to $110.00 and gave the stock a "buy" rating in a research report on Wednesday, October 23rd. StockNews.com raised shares of Enova International from a "hold" rating to a "buy" rating in a report on Monday, October 21st. Finally, Janney Montgomery Scott downgraded shares of Enova International from a "buy" rating to a "neutral" rating in a report on Monday, August 26th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $88.33.

About Enova International

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.