Insider Selling: Enova International (NYSE:ENVA) Director Sells 20,000 Shares of Stock

Enova International, Inc. (NYSE:ENVA) Director Mark Tebbe sold 20,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $201.37, for a total value of $4,027,400.00. Following the sale, the director directly owned 50,029 shares of the company’s stock, valued at $10,074,339.73. This represents a 28.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Enova International Price Performance

Enova International stock traded up $6.26 on Tuesday, reaching $211.00. The company’s stock had a trading volume of 330,081 shares, compared to its average volume of 286,489. The company has a debt-to-equity ratio of 3.45, a quick ratio of 20.42 and a current ratio of 20.42. The company has a market cap of $5.25 billion, a price-to-earnings ratio of 17.09 and a beta of 1.28. The business’s fifty day moving average price is $169.89 and its 200 day moving average price is $156.87. Enova International, Inc. has a twelve month low of $99.61 and a twelve month high of $211.41.

Enova International (NYSE:ENVA) last announced its earnings results on Thursday, April 23rd. The credit services provider reported $3.87 EPS for the quarter, topping the consensus estimate of $3.66 by $0.21. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The company had revenue of $875.14 million for the quarter, compared to analysts’ expectations of $854.52 million. During the same quarter in the prior year, the business earned $2.98 earnings per share. The business’s revenue for the quarter was up 17.4% on a year-over-year basis. Equities analysts expect that Enova International, Inc. will post 15.37 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Enova International

Institutional investors have recently modified their holdings of the business. Legato Capital Management LLC acquired a new stake in Enova International during the 4th quarter worth $1,851,000. CSM Advisors LLC lifted its stake in shares of Enova International by 16.7% in the 3rd quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider’s stock valued at $7,199,000 after purchasing an additional 8,972 shares during the period. SG Americas Securities LLC lifted its stake in shares of Enova International by 2,933.1% in the 4th quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock valued at $21,847,000 after purchasing an additional 134,393 shares during the period. Geode Capital Management LLC boosted its position in shares of Enova International by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock worth $96,095,000 after purchasing an additional 18,258 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its position in shares of Enova International by 43.4% in the 4th quarter. Harbor Capital Advisors Inc. now owns 23,774 shares of the credit services provider’s stock worth $3,737,000 after purchasing an additional 7,200 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. TD Cowen increased their price objective on shares of Enova International from $165.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a research note on Tuesday, April 21st. Stephens upped their target price on shares of Enova International from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. BTIG Research reissued a “buy” rating and set a $199.00 price target on shares of Enova International in a research note on Thursday, April 23rd. Finally, Wall Street Zen lowered shares of Enova International from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. According to MarketBeat.com, Enova International presently has a consensus rating of “Buy” and an average price target of $198.80.

Enova International Company Profile

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.