Enova International, Inc. (NYSE:ENVA) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC raised its position in shares of Enova International, Inc. (NYSE:ENVA - Free Report) by 15,008.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 166,952 shares of the credit services provider's stock after buying an additional 165,847 shares during the quarter. GAMMA Investing LLC owned about 0.65% of Enova International worth $16,121,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Tieton Capital Management LLC raised its stake in shares of Enova International by 0.7% during the 4th quarter. Tieton Capital Management LLC now owns 132,760 shares of the credit services provider's stock worth $12,729,000 after acquiring an additional 900 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Enova International by 42.7% in the fourth quarter. BNP Paribas Financial Markets now owns 82,872 shares of the credit services provider's stock worth $7,946,000 after purchasing an additional 24,806 shares during the last quarter. Lazard Asset Management LLC grew its holdings in Enova International by 32.2% in the fourth quarter. Lazard Asset Management LLC now owns 28,934 shares of the credit services provider's stock worth $2,773,000 after purchasing an additional 7,043 shares during the last quarter. MetLife Investment Management LLC increased its position in shares of Enova International by 7.8% during the fourth quarter. MetLife Investment Management LLC now owns 15,470 shares of the credit services provider's stock worth $1,483,000 after purchasing an additional 1,120 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Enova International during the fourth quarter worth $547,000. 89.43% of the stock is currently owned by institutional investors.

Insider Activity at Enova International

In other Enova International news, General Counsel Sean Rahilly sold 9,046 shares of the stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $95.05, for a total transaction of $859,822.30. Following the sale, the general counsel now directly owns 103,842 shares of the company's stock, valued at approximately $9,870,182.10. This trade represents a 8.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO David Fisher sold 5,000 shares of Enova International stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $101.75, for a total value of $508,750.00. Following the transaction, the chief executive officer now owns 348,223 shares of the company's stock, valued at $35,431,690.25. The trade was a 1.42% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 16,046 shares of company stock worth $1,565,872 over the last quarter. Insiders own 8.40% of the company's stock.

Enova International Stock Performance

Shares of ENVA traded up $2.49 during trading hours on Friday, reaching $96.48. 177,511 shares of the company traded hands, compared to its average volume of 231,659. The company has a quick ratio of 15.82, a current ratio of 9.52 and a debt-to-equity ratio of 2.98. The business has a fifty day moving average price of $93.63 and a 200-day moving average price of $99.43. Enova International, Inc. has a 12-month low of $57.46 and a 12-month high of $117.56. The stock has a market capitalization of $2.45 billion, a P/E ratio of 12.97 and a beta of 1.45.

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 for the quarter, beating the consensus estimate of $2.77 by $0.21. The business had revenue of $745.54 million for the quarter, compared to the consensus estimate of $734.14 million. Enova International had a return on equity of 19.94% and a net margin of 7.88%. The company's quarterly revenue was up 22.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.91 EPS. Equities analysts anticipate that Enova International, Inc. will post 10.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Enova International 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.