David Fisher Sells 7,143 Shares of Enova International (NYSE:ENVA) Stock

by · The Markets Daily

Enova International, Inc. (NYSE:ENVA – Get Free Report) Chairman David Fisher sold 7,143 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $149.49, for a total transaction of $1,067,807.07. Following the completion of the transaction, the chairman owned 326,444 shares of the company’s stock, valued at $48,800,113.56. The trade was a 2.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Friday, January 30th, David Fisher sold 37,989 shares of Enova International stock. The shares were sold at an average price of $165.31, for a total transaction of $6,279,961.59.
  • On Monday, January 26th, David Fisher sold 9,573 shares of Enova International stock. The shares were sold at an average price of $157.81, for a total transaction of $1,510,715.13.
  • On Tuesday, December 16th, David Fisher sold 15,000 shares of Enova International stock. The shares were sold at an average price of $160.24, for a total value of $2,403,600.00.

Enova International Price Performance

Shares of ENVA traded up $0.09 during midday trading on Friday, hitting $145.12. The company’s stock had a trading volume of 320,546 shares, compared to its average volume of 361,043. The company has a quick ratio of 19.29, a current ratio of 9.48 and a debt-to-equity ratio of 3.37. Enova International, Inc. has a one year low of $79.41 and a one year high of $176.68. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of 12.53 and a beta of 1.25. The company’s fifty day simple moving average is $159.07 and its two-hundred day simple moving average is $133.07.

Enova International (NYSE:ENVA – Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The credit services provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.17 by $0.29. Enova International had a return on equity of 25.31% and a net margin of 9.78%.The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $838.59 million. During the same period last year, the firm posted $2.61 earnings per share. Enova International’s revenue was up 15.0% compared to the same quarter last year. As a group, equities analysts expect that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

Enova International announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, November 12th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the credit services provider to repurchase up to 12.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Enova International

Several institutional investors have recently added to or reduced their stakes in the business. Arkadios Wealth Advisors bought a new stake in Enova International in the 2nd quarter valued at about $2,169,000. Campbell & CO Investment Adviser LLC acquired a new stake in Enova International in the second quarter valued at approximately $210,000. CSM Advisors LLC bought a new stake in shares of Enova International during the second quarter valued at approximately $5,974,000. Police & Firemen s Retirement System of New Jersey increased its holdings in shares of Enova International by 6.1% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 5,754 shares of the credit services provider’s stock valued at $642,000 after acquiring an additional 331 shares in the last quarter. Finally, MTM Investment Management LLC acquired a new position in shares of Enova International during the second quarter worth approximately $102,000. 89.43% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ENVA has been the topic of a number of research reports. TD Cowen reaffirmed a “buy” rating on shares of Enova International in a research note on Thursday, January 8th. Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a report on Thursday, January 22nd. Citigroup reissued an “outperform” rating on shares of Enova International in a research note on Wednesday, January 28th. Finally, Zacks Research upgraded Enova International from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $188.00.

Check Out Our Latest Stock Report on Enova International

About Enova International

(Get Free Report)

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.

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