Enova International, Inc. (NYSE:ENVA) CFO Steven E. Cunningham Sells 25,733 Shares

Enova International, Inc. (NYSE:ENVA) CFO Steven E. Cunningham sold 25,733 shares of the stock in a transaction on Friday, February 7th. The shares were sold at an average price of $116.50, for a total value of $2,997,894.50. Following the completion of the transaction, the chief financial officer now directly owns 155,855 shares of the company’s stock, valued at approximately $18,157,107.50. This represents a 14.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Enova International Stock Performance

Shares of Enova International stock opened at $113.92 on Tuesday. The firm has a market cap of $2.99 billion, a PE ratio of 15.31 and a beta of 1.50. The company has a quick ratio of 15.82, a current ratio of 9.52 and a debt-to-equity ratio of 2.98. Enova International, Inc. has a 52 week low of $54.67 and a 52 week high of $117.56. The business’s fifty day simple moving average is $103.88 and its 200-day simple moving average is $92.82.

Enova International (NYSE:ENVA) last posted its earnings results on Tuesday, February 4th. The credit services provider reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.08. Enova International had a net margin of 7.88% and a return on equity of 19.94%. Equities analysts forecast that Enova International, Inc. will post 9.77 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ENVA. TD Cowen increased their target price on shares of Enova International from $85.00 to $96.00 and gave the company a “hold” rating in a research report on Wednesday, October 23rd. Maxim Group increased their price objective on shares of Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Stephens boosted their target price on Enova International from $115.00 to $136.00 and gave the stock an “overweight” rating in a report on Wednesday, February 5th. JMP Securities increased their price target on Enova International from $125.00 to $135.00 and gave the company a “market outperform” rating in a report on Wednesday, February 5th. Finally, StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Enova International presently has an average rating of “Moderate Buy” and a consensus target price of $110.14.

Institutional Investors Weigh In On Enova International

A number of institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets raised its stake in shares of Enova International by 28.6% in the third quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock valued at $4,865,000 after acquiring an additional 12,928 shares in the last quarter. SG Americas Securities LLC purchased a new position in Enova International in the third quarter valued at approximately $772,000. F M Investments LLC acquired a new stake in Enova International during the 3rd quarter worth $242,000. J.Safra Asset Management Corp increased its position in shares of Enova International by 205.4% during the fourth quarter. J.Safra Asset Management Corp now owns 3,552 shares of the credit services provider’s stock worth $344,000 after purchasing an additional 2,389 shares in the last quarter. Finally, Cibc World Markets Corp acquired a new stake in shares of Enova International in the 4th quarter valued at about $229,000. 89.43% of the stock is owned by institutional investors and hedge funds.

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.