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

Enova International, Inc. (NYSE:ENVA) CFO Steven E. Cunningham sold 25,733 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $116.50, for a total transaction of $2,997,894.50. Following the sale, the chief financial officer now directly owns 155,855 shares in the company, valued at $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 Securities & Exchange Commission, which can be accessed through the SEC website.

Enova International Stock Performance

Enova International stock opened at $114.57 on Wednesday. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 15.40 and a beta of 1.50. Enova International, Inc. has a 12 month low of $54.67 and a 12 month high of $117.56. The company has a debt-to-equity ratio of 2.98, a current ratio of 9.52 and a quick ratio of 15.82. The stock’s 50-day moving average is $104.04 and its 200-day moving average is $93.05.

Enova International (NYSE:ENVA) last announced its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share 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 anticipate that Enova International, Inc. will post 9.77 earnings per share for the current year.

Institutional Trading of Enova International

Institutional investors have recently added to or reduced their stakes in the business. Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Enova International by 1.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock valued at $1,694,000 after buying an additional 200 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Enova International by 24.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,065 shares of the credit services provider’s stock worth $89,000 after acquiring an additional 210 shares during the period. Farther Finance Advisors LLC grew its position in Enova International by 672.9% in the fourth quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider’s stock valued at $36,000 after acquiring an additional 323 shares in the last quarter. Tieton Capital Management LLC raised its stake in shares of Enova International by 0.7% during the fourth 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 period. Finally, Quantbot Technologies LP raised its stake in shares of Enova International by 10.2% during the third quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock valued at $1,188,000 after purchasing an additional 1,311 shares during the period. 89.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ENVA. BTIG Research raised their target price on shares of Enova International from $122.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, February 5th. Stephens lifted their price objective on Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a research report on Wednesday, February 5th. TD Cowen increased their target price on Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd. JMP Securities lifted 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, Maxim Group increased their price objective on shares of Enova International from $108.00 to $138.00 and gave the stock a “buy” rating in a report on Thursday, February 6th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $110.14.

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.