Enova International (NYSE:ENVA) CEO Sells $2,439,200.00 in Stock

Key Points

• David Fisher, CEO of Enova International, sold 20,000 shares at an average price of $121.96, amounting to a total of $2,439,200, reducing his ownership to 348,223 shares.
• Enova International's stock price fell 1.5% to $118.42, with a market cap of $2.96 billion and a year-over-year revenue increase of 21.6%.
• Institutional investors hold 89.43% of Enova International’s stock, with significant recent purchases from various hedge funds.

Enova International, Inc. (NYSE:ENVA - Get Free Report) CEO David Fisher sold 20,000 shares of Enova International stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $121.96, for a total transaction of $2,439,200.00. Following the transaction, the chief executive officer directly owned 348,223 shares in the company, valued at approximately $42,469,277.08. This represents a 5.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, August 26th, David Fisher sold 5,000 shares of Enova International stock. The stock was sold at an average price of $117.80, for a total transaction of $589,000.00.
• On Monday, July 14th, David Fisher sold 5,000 shares of Enova International stock. The stock was sold at an average price of $115.23, for a total transaction of $576,150.00.
• On Friday, June 20th, David Fisher sold 2,000 shares of Enova International stock. The shares were sold at an average price of $98.42, for a total transaction of $196,840.00.

Enova International Stock Down 2.0%

ENVA traded down $2.38 during trading on Friday, hitting $115.10. The company had a trading volume of 188,600 shares, compared to its average volume of 240,516. The company has a market capitalization of $2.88 billion, a PE ratio of 12.22 and a beta of 1.52. Enova International, Inc. has a one year low of $78.46 and a one year high of $124.29. The firm's 50-day moving average price is $112.40 and its 200 day moving average price is $101.82. The company has a quick ratio of 18.15, a current ratio of 18.15 and a debt-to-equity ratio of 3.23.

Enova International (NYSE:ENVA - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The credit services provider reported $3.23 EPS for the quarter, beating the consensus estimate of $3.00 by $0.23. The business had revenue of $764.04 million for the quarter, compared to analysts' expectations of $756.69 million. Enova International had a net margin of 8.75% and a return on equity of 23.33%. The firm's revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.21 EPS. As a group, equities analysts expect that Enova International, Inc. will post 10.31 earnings per share for the current year.

Institutional Investors Weigh In On Enova International

Institutional investors have recently added to or reduced their stakes in the stock. Financial Management Professionals Inc. bought a new stake in Enova International in the 1st quarter valued at $28,000. Versant Capital Management Inc lifted its position in Enova International by 521.3% in the 1st quarter. Versant Capital Management Inc now owns 466 shares of the credit services provider's stock valued at $45,000 after acquiring an additional 391 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Enova International by 350.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider's stock worth $50,000 after buying an additional 350 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Enova International during the 1st quarter worth about $56,000. Finally, MTM Investment Management LLC acquired a new position in shares of Enova International during the 2nd quarter worth about $102,000. 89.43% of the stock is owned by institutional investors.

Enova International Company Profile

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.