Enova International, Inc. $ENVA Shares Sold by Rhumbline Advisers

Key Points

• Rhumbline Advisers has trimmed its holdings in Enova International, Inc. by 4.2%, now owning approximately 72,393 shares valued at $6.99 million.
• Enova International's stock recently increased by 2.1%, with current trading at around $117.72 and a year-to-date performance showing a 21.6% revenue growth.
• Insiders, including CFO Steven E. Cunningham, have sold a total of 58,788 shares in the last three months, indicating a decrease in their ownership stakes from the company.

Rhumbline Advisers decreased its holdings in shares of Enova International, Inc. (NYSE:ENVA - Free Report) by 4.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 72,393 shares of the credit services provider's stock after selling 3,167 shares during the period. Rhumbline Advisers owned approximately 0.29% of Enova International worth $6,990,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. J.Safra Asset Management Corp increased its position in Enova International by 6.5% during the 1st quarter. J.Safra Asset Management Corp now owns 3,784 shares of the credit services provider's stock worth $365,000 after purchasing an additional 232 shares during the period. Rowlandmiller & PARTNERS.ADV increased its position in Enova International by 1.3% during the 1st quarter. Rowlandmiller & PARTNERS.ADV now owns 22,062 shares of the credit services provider's stock worth $2,130,000 after purchasing an additional 290 shares during the period. Financial Management Professionals Inc. acquired a new position in Enova International during the 1st quarter worth approximately $28,000. Versant Capital Management Inc grew 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 worth $45,000 after acquiring an additional 391 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new position in Enova International in the 1st quarter valued at approximately $56,000. Institutional investors and hedge funds own 89.43% of the company's stock.

Insider Activity at Enova International

In other Enova International news, CFO Steven E. Cunningham sold 26,310 shares of Enova International stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $105.72, for a total transaction of $2,781,493.20. Following the transaction, the chief financial officer directly owned 131,157 shares of the company's stock, valued at $13,865,918.04. The trade was a 16.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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 completion of the sale, the chief executive officer directly owned 348,223 shares of the company's stock, valued at $42,469,277.08. This trade represents a 5.43% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 58,788 shares of company stock worth $6,633,165. 8.40% of the stock is owned by insiders.

Enova International Price Performance

Shares of ENVA stock traded up $1.48 during trading hours on Monday, hitting $116.62. The company's stock had a trading volume of 206,373 shares, compared to its average volume of 273,647. The company has a current ratio of 18.15, a quick ratio of 18.15 and a debt-to-equity ratio of 3.23. The business has a fifty day moving average of $112.41 and a 200-day moving average of $101.91. Enova International, Inc. has a twelve month low of $78.79 and a twelve month high of $124.29. The stock has a market cap of $2.92 billion, a price-to-earnings ratio of 12.38 and a beta of 1.52.

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