Insider Selling: Enova International (NYSE:ENVA) Director Sells 6,231 Shares of Stock

by · The Cerbat Gem

Enova International, Inc. (NYSE:ENVA – Get Free Report) Director William Goodyear sold 6,231 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $166.08, for a total value of $1,034,844.48. Following the completion of the sale, the director directly owned 68,740 shares in the company, valued at approximately $11,416,339.20. The trade was a 8.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Enova International Price Performance

Shares of NYSE:ENVA traded up $3.72 on Wednesday, hitting $164.43. The company’s stock had a trading volume of 135,815 shares, compared to its average volume of 280,007. The company has a 50-day simple moving average of $151.53 and a 200 day simple moving average of $148.45. Enova International, Inc. has a 1 year low of $89.00 and a 1 year high of $176.68. The company has a market capitalization of $4.09 billion, a PE ratio of 13.31 and a beta of 1.32. The company has a debt-to-equity ratio of 3.45, a current ratio of 20.42 and a quick ratio of 20.42.

Enova International (NYSE:ENVA – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.66 by $0.21. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The firm had revenue of $875.14 million for the quarter, compared to analysts’ expectations of $854.52 million. During the same quarter last year, the firm posted $2.98 EPS. The company’s revenue was up 17.4% compared to the same quarter last year. Sell-side analysts forecast that Enova International, Inc. will post 15.37 EPS for the current fiscal year.

Hedge Funds Weigh In On Enova International

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC grew its position in Enova International by 26.9% during the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after acquiring an additional 64 shares during the last quarter. California State Teachers Retirement System grew its position in Enova International by 0.4% during the 2nd quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider’s stock worth $2,706,000 after acquiring an additional 105 shares during the last quarter. Bessemer Group Inc. grew its position in Enova International by 174.2% during the 3rd quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock worth $30,000 after acquiring an additional 162 shares during the last quarter. FNY Investment Advisers LLC bought a new position in Enova International during the 4th quarter worth approximately $31,000. Finally, Kendall Capital Management grew its position in Enova International by 3.9% during the 4th quarter. Kendall Capital Management now owns 5,625 shares of the credit services provider’s stock worth $884,000 after acquiring an additional 210 shares during the last quarter. 89.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ENVA has been the topic of several recent research reports. Maxim Group increased their price objective on Enova International from $191.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a research report on Tuesday, April 21st. Citizens Jmp increased their price objective on Enova International from $182.00 to $195.00 and gave the company a “market outperform” rating in a research report on Friday, April 24th. TD Cowen increased their price objective on Enova International from $165.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Finally, Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 10th. One equities research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. According to data from MarketBeat, Enova International has an average rating of “Buy” and an average price target of $198.80.

Check Out Our Latest 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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