David Fisher Sells 9,078 Shares of Enova International (NYSE:ENVA) Stock

Key Points

• Enova Chairman David Fisher sold 9,078 shares at an average price of $239.16, generating approximately $2.17 million and reducing his ownership by 2.88%. He also sold 9,491 shares the previous day and 33,060 shares in June.
• Enova shares rose 0.5% to $237.70, while the company reported quarterly earnings of $4.31 per share and revenue of $928.93 million, exceeding analyst expectations and increasing 21.6% year over year.
• Analysts maintain a favorable outlook, with a consensus “Buy” rating and an average price target of $247.83. Institutional investors own approximately 89.43% of the company.

Enova International, Inc. (NYSE:ENVA - Get Free Report) Chairman David Fisher sold 9,078 shares of the firm's stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $239.16, for a total transaction of $2,171,094.48. Following the sale, the chairman owned 306,444 shares of the company's stock, valued at approximately $73,289,147.04. This represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

• On Tuesday, August 25th, David Fisher sold 9,491 shares of Enova International stock. The shares were sold at an average price of $244.01, for a total transaction of $2,315,898.91.
• On Wednesday, June 17th, David Fisher sold 33,060 shares of Enova International stock. The stock was sold at an average price of $199.05, for a total transaction of $6,580,593.00.

Enova International Stock Up 0.5%

Shares of Enova International stock traded up $1.08 on Thursday, hitting $237.70. 164,311 shares of the company traded hands, compared to its average volume of 309,466. The company has a 50-day moving average price of $239.74 and a 200 day moving average price of $184.79. The company has a quick ratio of 18.42, a current ratio of 18.42 and a debt-to-equity ratio of 3.35. Enova International, Inc. has a 12-month low of $103.02 and a 12-month high of $267.45. The company has a market cap of $5.92 billion, a PE ratio of 17.62 and a beta of 1.22.

Enova International (NYSE:ENVA - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share for the quarter, topping analysts' consensus estimates of $3.99 by $0.32. Enova International had a net margin of 10.31% and a return on equity of 26.66%. The business had revenue of $928.93 million for the quarter, compared to the consensus estimate of $909.61 million. During the same period in the prior year, the business posted $3.23 earnings per share. Enova International's revenue for the quarter was up 21.6% compared to the same quarter last year. Sell-side analysts predict that Enova International, Inc. will post 16.3 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on ENVA. TD Cowen raised their price target on Enova International from $250.00 to $257.00 and gave the stock a "buy" rating in a research note on Friday, July 24th. Citigroup reissued a "market outperform" rating on shares of Enova International in a research note on Friday, July 24th. Zacks Research upgraded Enova International from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 29th. Citizens Jmp lifted their target price on shares of Enova International from $195.00 to $270.00 and gave the company a "market outperform" rating in a research note on Friday, June 26th. Finally, BTIG Research lifted their target price on shares of Enova International from $199.00 to $270.00 and gave the company a "buy" rating in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. According to MarketBeat.com, Enova International has a consensus rating of "Buy" and a consensus target price of $247.83.

Hedge Funds Weigh In On Enova International

Several hedge funds and other institutional investors have recently modified their holdings of ENVA. California State Teachers Retirement System boosted its position in Enova International by 23,319.0% in the second quarter. California State Teachers Retirement System now owns 6,887,767 shares of the credit services provider's stock valued at $1,658,092,000 after buying an additional 6,858,356 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Enova International during the 2nd quarter worth approximately $38,453,000. Tieton Capital Management LLC acquired a new stake in Enova International during the 2nd quarter valued at $26,577,000. Alyeska Investment Group L.P. bought a new stake in shares of Enova International during the second quarter worth $25,749,000. Finally, Amundi grew its holdings in Enova International by 66.6% during the 2nd quarter. Amundi now owns 207,684 shares of the credit services provider's stock worth $49,996,000 after acquiring an additional 83,002 shares during the last quarter. Institutional investors own 89.43% of the company's stock.

About Enova International

Enova International, Inc NYSE: ENVA is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.

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