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

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 7,143 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $149.49, for a total value of $1,067,807.07. Following the completion of the transaction, the chairman owned 326,444 shares in the company, valued at $48,800,113.56. The trade was a 2.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Friday, January 30th, David Fisher sold 37,989 shares of Enova International stock. The stock was 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

Enova International stock opened at $145.12 on Friday. The stock has a 50-day moving average price of $158.71 and a two-hundred day moving average price of $133.57. Enova International, Inc. has a 12 month low of $79.41 and a 12 month high of $176.68. The company has a market capitalization of $4.08 billion, a PE ratio of 12.53 and a beta of 1.25. The company has a current ratio of 9.48, a quick ratio of 19.29 and a debt-to-equity ratio of 3.37.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Tuesday, January 27th. The credit services provider reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.17 by $0.29. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $838.59 million. Enova International had a net margin of 9.78% and a return on equity of 25.31%. Enova International’s revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.61 earnings per share. Analysts expect that Enova International, Inc. will post 10.31 EPS for the current year.

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ENVA. Geode Capital Management LLC raised its stake in shares of Enova International by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock worth $96,095,000 after purchasing an additional 18,258 shares during the period. Baird Financial Group Inc. increased its holdings in Enova International by 0.8% during the second quarter. Baird Financial Group Inc. now owns 155,950 shares of the credit services provider’s stock worth $17,392,000 after buying an additional 1,276 shares during the last quarter. SG Americas Securities LLC raised its position in Enova International by 2,933.1% in the fourth quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock worth $21,847,000 after acquiring an additional 134,393 shares during the period. Loomis Sayles & Co. L P purchased a new position in Enova International in the second quarter valued at about $11,152,000. Finally, CX Institutional grew its position in shares of Enova International by 2.7% during the 4th quarter. CX Institutional now owns 72,224 shares of the credit services provider’s stock valued at $11,354,000 after acquiring an additional 1,872 shares during the period. Institutional investors own 89.43% of the company’s stock.

Wall Street Analysts Forecast Growth

ENVA has been the topic of several analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a report on Thursday, January 22nd. BTIG Research reaffirmed a “buy” rating and issued a $199.00 price objective on shares of Enova International in a research note on Wednesday, January 28th. Maxim Group set a $191.00 target price on Enova International in a research note on Thursday, January 29th. Citizens Jmp boosted their target price on shares of Enova International from $180.00 to $182.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 28th. Finally, Citigroup reissued an “outperform” rating on shares of Enova International in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat, Enova International has a consensus rating of “Buy” and an average target price of $188.00.

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.