Enova International, Inc. $ENVA Shares Bought by Arkadios Wealth Advisors

Arkadios Wealth Advisors grew its stake in shares of Enova International, Inc. (NYSE:ENVA) by 61.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 31,362 shares of the credit services provider’s stock after purchasing an additional 11,915 shares during the period. Arkadios Wealth Advisors owned approximately 0.13% of Enova International worth $3,609,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Pacer Advisors Inc. acquired a new stake in shares of Enova International in the third quarter valued at about $28,000. EverSource Wealth Advisors LLC increased its holdings in Enova International by 350.0% in the second quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock valued at $50,000 after buying an additional 350 shares in the last quarter. MTM Investment Management LLC acquired a new stake in shares of Enova International during the 2nd quarter valued at approximately $102,000. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Enova International during the 2nd quarter valued at approximately $210,000. Finally, GAMMA Investing LLC boosted its stake in shares of Enova International by 37.8% during the 2nd quarter. GAMMA Investing LLC now owns 2,383 shares of the credit services provider’s stock worth $266,000 after acquiring an additional 654 shares in the last quarter. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Enova International Stock Performance

NYSE:ENVA opened at $158.06 on Thursday. The company has a debt-to-equity ratio of 3.20, a current ratio of 19.29 and a quick ratio of 19.29. The firm has a market cap of $4.45 billion, a PE ratio of 14.53 and a beta of 1.27. The firm has a 50 day simple moving average of $148.24 and a 200-day simple moving average of $126.61. Enova International, Inc. has a 1-year low of $79.41 and a 1-year high of $168.68.

Enova International (NYSE:ENVA) last announced its earnings results on Thursday, October 23rd. The credit services provider reported $3.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.03 by $0.33. The firm had revenue of $460.71 million for the quarter, compared to analyst estimates of $806.63 million. Enova International had a net margin of 9.64% and a return on equity of 24.50%. Enova International’s revenue was up 16.3% compared to the same quarter last year. During the same quarter last year, the business earned $2.45 earnings per share. On average, equities analysts expect that Enova International, Inc. will post 10.31 EPS for the current year.

Enova International declared that its Board of Directors has authorized a stock buyback program 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 stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at Enova International

In related news, CFO Steven E. Cunningham sold 14,874 shares of the stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $120.70, for a total transaction of $1,795,291.80. Following the transaction, the chief financial officer directly owned 127,719 shares in the company, valued at approximately $15,415,683.30. This represents a 10.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO David Fisher sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $160.24, for a total value of $2,403,600.00. Following the completion of the sale, the chief executive officer directly owned 348,223 shares in the company, valued at approximately $55,799,253.52. The trade was a 4.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 41,874 shares of company stock worth $5,680,052 in the last 90 days. Insiders own 8.40% of the company’s stock.

Analyst Ratings Changes

ENVA has been the subject of several research analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Enova International in a research note on Thursday, January 8th. Zacks Research cut Enova International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 25th. Citigroup reaffirmed an “outperform” rating on shares of Enova International in a research note on Friday, December 12th. BTIG Research boosted their price objective on shares of Enova International from $144.00 to $199.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Finally, Citizens Jmp raised their target price on shares of Enova International from $149.00 to $180.00 and gave the company a “market outperform” rating in a report on Friday, December 12th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $163.67.

Enova International Profile

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.