Insider Selling: Enova International, Inc. (NYSE:ENVA) CAO Sells $53,048.45 in Stock

Enova International, Inc. (NYSE:ENVA) CAO James Joseph Lee sold 455 shares of the stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $116.59, for a total transaction of $53,048.45. Following the completion of the sale, the chief accounting officer now directly owns 21,688 shares in the company, valued at approximately $2,528,603.92. The trade was a 2.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Enova International Trading Down 3.0 %

Shares of ENVA stock opened at $111.12 on Thursday. The business has a 50-day moving average price of $104.22 and a two-hundred day moving average price of $93.28. Enova International, Inc. has a 12-month low of $54.67 and a 12-month high of $117.56. 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 firm has a market cap of $2.91 billion, a P/E ratio of 14.94 and a beta of 1.50.

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

Institutional Investors Weigh In On Enova International

A number of hedge funds have recently made changes to their positions in the business. Tieton Capital Management LLC grew its holdings 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 valued at $12,729,000 after purchasing an additional 900 shares during the last quarter. Foundry Partners LLC grew its stake in shares of Enova International by 1.1% during the third quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock valued at $10,286,000 after buying an additional 1,328 shares during the last quarter. BNP Paribas Financial Markets increased its holdings 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 worth $4,865,000 after buying an additional 12,928 shares during the period. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of Enova International by 1.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock valued at $1,694,000 after acquiring an additional 200 shares during the last quarter. Finally, Quantbot Technologies LP boosted its holdings in Enova International by 10.2% during the 3rd quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock valued at $1,188,000 after acquiring an additional 1,311 shares during the period. 89.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. BTIG Research upped their target price on shares of Enova International from $122.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, February 5th. StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a research report on Monday, October 21st. Stephens lifted their price objective on Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a research note on Wednesday, February 5th. JMP Securities upped their target price on Enova International from $125.00 to $135.00 and gave the stock a “market outperform” rating in a research note on Wednesday, February 5th. Finally, Maxim Group lifted their price target on Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.14.

About Enova International

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.