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CX Institutional Sells 12,467 Shares of Enova International, Inc. (NYSE:ENVA)

Enova International logo with Finance background

CX Institutional cut its stake in Enova International, Inc. (NYSE:ENVA - Free Report) by 31.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,857 shares of the credit services provider's stock after selling 12,467 shares during the period. CX Institutional owned 0.10% of Enova International worth $2,593,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its position in Enova International by 15,008.8% in the 1st quarter. GAMMA Investing LLC now owns 166,952 shares of the credit services provider's stock valued at $16,121,000 after buying an additional 165,847 shares in the last quarter. Tieton Capital Management LLC grew its position in Enova International by 0.7% in the 4th quarter. Tieton Capital Management LLC now owns 132,760 shares of the credit services provider's stock valued at $12,729,000 after buying an additional 900 shares in the last quarter. BNP Paribas Financial Markets grew its position in Enova International by 42.7% in the 4th quarter. BNP Paribas Financial Markets now owns 82,872 shares of the credit services provider's stock valued at $7,946,000 after buying an additional 24,806 shares in the last quarter. Lazard Asset Management LLC grew its position in Enova International by 32.2% in the 4th quarter. Lazard Asset Management LLC now owns 28,934 shares of the credit services provider's stock valued at $2,773,000 after buying an additional 7,043 shares in the last quarter. Finally, MetLife Investment Management LLC grew its position in Enova International by 7.8% in the 4th quarter. MetLife Investment Management LLC now owns 15,470 shares of the credit services provider's stock valued at $1,483,000 after buying an additional 1,120 shares in the last quarter. 89.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Enova International

In related news, CEO David Fisher sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, April 28th. The shares were sold at an average price of $98.65, for a total transaction of $197,300.00. Following the transaction, the chief executive officer now owns 348,223 shares of the company's stock, valued at approximately $34,352,198.95. This trade represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Sean Rahilly sold 9,046 shares of the firm's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $95.05, for a total transaction of $859,822.30. Following the transaction, the general counsel now directly owns 103,842 shares in the company, valued at approximately $9,870,182.10. The trade was a 8.01% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 16,046 shares of company stock valued at $1,565,872. 8.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ENVA has been the subject of several research reports. Seaport Res Ptn upgraded shares of Enova International to a "strong-buy" rating in a research report on Wednesday, May 14th. JMP Securities restated a "market outperform" rating and set a $135.00 price objective on shares of Enova International in a research report on Wednesday, April 30th. Finally, TD Cowen raised shares of Enova International from a "hold" rating to a "buy" rating and set a $17.00 price objective for the company in a research note on Tuesday, April 1st. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Enova International presently has an average rating of "Buy" and a consensus target price of $111.00.

Read Our Latest Stock Analysis on ENVA

Enova International Stock Down 1.9%

Shares of NYSE ENVA traded down $1.77 during mid-day trading on Friday, reaching $93.12. The company had a trading volume of 401,198 shares, compared to its average volume of 232,659. The stock has a fifty day moving average of $94.13 and a two-hundred day moving average of $99.11. The company has a debt-to-equity ratio of 2.98, a quick ratio of 15.82 and a current ratio of 9.52. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 12.52 and a beta of 1.45. Enova International, Inc. has a 12-month low of $58.15 and a 12-month high of $117.56.

Enova International (NYSE:ENVA - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The credit services provider reported $2.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.77 by $0.21. The business had revenue of $745.54 million during the quarter, compared to analyst estimates of $734.14 million. Enova International had a net margin of 7.88% and a return on equity of 19.94%. The firm's revenue was up 22.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.91 earnings per share. As a group, equities research analysts expect that Enova International, Inc. will post 10.31 EPS for the current year.

Enova International Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Enova International (NYSE:ENVA)

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