David Fisher Sells 15,000 Shares of Enova International (NYSE:ENVA) Stock

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 15,000 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $160.24, for a total transaction of $2,403,600.00. Following the completion of the transaction, the chief executive officer directly owned 348,223 shares in the company, valued at approximately $55,799,253.52. This represents a 4.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Friday, November 21st, David Fisher sold 6,000 shares of Enova International stock. The shares were sold at an average price of $124.25, for a total value of $745,500.00.
• On Monday, October 27th, David Fisher sold 6,000 shares of Enova International stock. The shares were sold at an average price of $122.61, for a total value of $735,660.00.
• On Friday, September 19th, David Fisher sold 6,000 shares of Enova International stock. The stock was sold at an average price of $125.89, for a total value of $755,340.00.

Enova International Price Performance

Shares of NYSE ENVA opened at $163.66 on Friday. The company has a debt-to-equity ratio of 3.20, a current ratio of 19.29 and a quick ratio of 19.29. Enova International, Inc. has a 1-year low of $79.41 and a 1-year high of $168.68. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of 15.04 and a beta of 1.31. The business has a 50-day moving average of $128.90 and a 200-day moving average of $117.04.

Enova International (NYSE:ENVA) last announced its earnings results on Thursday, October 23rd. The credit services provider reported $3.36 EPS for the quarter, beating the consensus estimate of $3.03 by $0.33. The business had revenue of $460.71 million for the quarter, compared to the consensus estimate of $806.63 million. Enova International had a return on equity of 24.50% and a net margin of 9.64%.The company’s revenue was up 16.3% on a year-over-year basis. During the same period last year, the business posted $2.45 EPS. On average, equities analysts anticipate that Enova International, Inc. will post 10.31 EPS for the current fiscal year.

Enova International announced that its board has authorized a share buyback plan on Wednesday, November 12th that permits the company to buyback $400.00 million in shares. This buyback authorization permits the credit services provider to repurchase up to 12.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. BTIG Research raised their target price on Enova International from $144.00 to $199.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Zacks Research lowered Enova International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a research report on Wednesday, October 8th. Citigroup reissued an “outperform” rating on shares of Enova International in a research report on Friday, December 12th. Finally, Wall Street Zen lowered shares of Enova International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $136.50.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Russell Investments Group Ltd. raised its stake in Enova International by 34.7% during the first quarter. Russell Investments Group Ltd. now owns 63,724 shares of the credit services provider’s stock worth $6,153,000 after acquiring an additional 16,422 shares during the period. Quantbot Technologies LP grew its holdings in shares of Enova International by 430.4% during the first quarter. Quantbot Technologies LP now owns 33,328 shares of the credit services provider’s stock valued at $3,218,000 after purchasing an additional 27,044 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Enova International during the 1st quarter worth approximately $56,000. Martingale Asset Management L P lifted its holdings in shares of Enova International by 91.6% in the 1st quarter. Martingale Asset Management L P now owns 36,628 shares of the credit services provider’s stock worth $3,537,000 after purchasing an additional 17,514 shares during the last quarter. Finally, Jump Financial LLC boosted its position in Enova International by 430.1% during the 1st quarter. Jump Financial LLC now owns 25,746 shares of the credit services provider’s stock valued at $2,486,000 after purchasing an additional 20,889 shares during the period. 89.43% of the stock is owned by institutional investors and hedge funds.

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.