Enova International, Inc. (NYSE:ENVA) CFO Sells $2,997,894.50 in Stock

Enova International, Inc. (NYSE:ENVA - Get Free Report) CFO Steven E. Cunningham sold 25,733 shares of the firm's stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $116.50, for a total transaction of $2,997,894.50. Following the sale, the chief financial officer now owns 155,855 shares of the company's stock, valued at $18,157,107.50. This trade represents a 14.17 % 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.

Enova International Price Performance

Enova International stock traded up $0.04 during midday trading on Friday, reaching $110.83. The company's stock had a trading volume of 156,516 shares, compared to its average volume of 221,756. Enova International, Inc. has a 52 week low of $57.21 and a 52 week high of $117.56. The company has a current ratio of 9.52, a quick ratio of 15.82 and a debt-to-equity ratio of 2.98. The business has a 50-day moving average price of $104.42 and a 200-day moving average price of $93.53. The stock has a market cap of $2.90 billion, a PE ratio of 14.90 and a beta of 1.50.

Enova International (NYSE:ENVA - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.08. Enova International had a net margin of 7.88% and a return on equity of 19.94%. On average, sell-side analysts predict that Enova International, Inc. will post 9.77 EPS for the current year.

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Institutional Trading of Enova International

A number of institutional investors have recently bought and sold shares of ENVA. SG Americas Securities LLC bought a new stake in shares of Enova International in the 3rd quarter worth approximately $772,000. GAMMA Investing LLC raised its stake in shares of Enova International by 24.6% in the third quarter. GAMMA Investing LLC now owns 1,065 shares of the credit services provider's stock valued at $89,000 after buying an additional 210 shares during the period. Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of Enova International by 1.0% in the third 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. F M Investments LLC bought a new stake in Enova International in the 3rd quarter valued at about $242,000. Finally, Foundry Partners LLC raised its position in shares of Enova International by 1.1% in the third quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider's stock valued at $10,286,000 after purchasing an additional 1,328 shares during the period. Institutional investors own 89.43% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on ENVA. JMP Securities increased their price objective on Enova International from $125.00 to $135.00 and gave the stock a "market outperform" rating in a research report on Wednesday, February 5th. TD Cowen raised their price target on shares of Enova International from $85.00 to $96.00 and gave the stock a "hold" 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. BTIG Research raised their target price on shares of Enova International from $122.00 to $129.00 and gave the stock a "buy" rating in a report on Wednesday, February 5th. Finally, Stephens boosted their price target on Enova International from $115.00 to $136.00 and gave the company an "overweight" rating in a research note on Wednesday, February 5th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $110.14.

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.