CX Institutional Has $7.53 Million Stock Holdings in Enova International, Inc. $ENVA

Key Points

• CX Institutional increased its holdings in Enova International by 151.5%, now owning approximately 0.27% of the company valued at $7.5 million.
• Enova International recently posted a 21.6% year-over-year increase in quarterly revenue, reporting $764.04 million and an EPS of $3.23, exceeding analyst estimates.
• Insider trading activity includes CEO David Fisher selling 20,000 shares valued at $2.44 million, reducing his ownership by 5.43%.

CX Institutional increased its position in shares of Enova International, Inc. (NYSE:ENVA - Free Report) by 151.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 67,538 shares of the credit services provider's stock after purchasing an additional 40,681 shares during the period. CX Institutional owned approximately 0.27% of Enova International worth $7,532,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of ENVA. Financial Management Professionals Inc. acquired a new stake in Enova International during the first quarter worth approximately $28,000. Versant Capital Management Inc boosted its holdings in shares of 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 purchasing an additional 391 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Enova International in the 1st quarter valued at $56,000. GAMMA Investing LLC boosted its holdings in shares of Enova International by 56.5% in the 1st quarter. GAMMA Investing LLC now owns 1,729 shares of the credit services provider's stock valued at $167,000 after purchasing an additional 624 shares during the last quarter. Finally, Yorktown Management & Research Co Inc acquired a new position in shares of Enova International in the 1st quarter valued at $217,000. 89.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Steven E. Cunningham sold 26,310 shares of the stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $105.72, for a total value of $2,781,493.20. Following the completion of the transaction, the chief financial officer directly owned 131,157 shares of the company's stock, valued at $13,865,918.04. This represents a 16.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO David Fisher sold 20,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $121.96, for a total transaction of $2,439,200.00. Following the sale, the chief executive officer directly owned 348,223 shares of the company's stock, valued at approximately $42,469,277.08. This represents a 5.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 56,788 shares of company stock valued at $6,436,325 in the last quarter. Company insiders own 8.40% of the company's stock.

Enova International Trading Down 1.6%

Shares of ENVA traded down $2.05 during mid-day trading on Tuesday, reaching $125.27. The company had a trading volume of 118,180 shares, compared to its average volume of 279,469. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 13.31 and a beta of 1.51. The firm has a fifty day simple moving average of $113.30 and a 200-day simple moving average of $102.94. Enova International, Inc. has a fifty-two week low of $79.41 and a fifty-two week high of $130.34. The company has a current ratio of 18.15, a quick ratio of 18.15 and a debt-to-equity ratio of 3.23.

Enova International (NYSE:ENVA - Get Free Report) last issued its earnings results on Thursday, July 24th. The credit services provider reported $3.23 EPS for the quarter, beating analysts' consensus estimates of $3.00 by $0.23. Enova International had a net margin of 8.75% and a return on equity of 23.33%. The business had revenue of $764.04 million for the quarter, compared to the consensus estimate of $756.69 million. During the same quarter last year, the firm posted $2.21 EPS. The business's revenue for the quarter was up 21.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Enova International, Inc. will post 10.31 EPS for the current fiscal year.

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.