Insider Selling: Enova International, Inc. (NYSE:ENVA) CFO Sells $2,997,894.50 in Stock

Enova International, Inc. (NYSE:ENVA) CFO Steven E. Cunningham sold 25,733 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the chief financial officer now directly owns 155,855 shares in the company, valued at approximately $18,157,107.50. The trade was a 14.17 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Enova International Trading Down 3.0 %

Shares of ENVA stock opened at $111.12 on Thursday. The company has a debt-to-equity ratio of 2.98, a quick ratio of 15.82 and a current ratio of 9.52. The stock has a fifty day simple moving average of $104.22 and a two-hundred day simple moving average of $93.28. The firm has a market capitalization of $2.91 billion, a PE ratio of 14.94 and a beta of 1.50. Enova International, Inc. has a 52-week low of $54.67 and a 52-week high of $117.56.

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

Analysts Set New Price Targets

Several research firms have weighed in on ENVA. Maxim Group increased their price target on shares of Enova International from $108.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. TD Cowen raised their target price on Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. Stephens boosted their price target on Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a report on Wednesday, February 5th. StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. Finally, BTIG Research lifted their price objective on Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Enova International presently has an average rating of “Moderate Buy” and an average price target of $110.14.

Institutional Investors Weigh In On Enova International

A number of institutional investors have recently added to or reduced their stakes in ENVA. Farther Finance Advisors LLC lifted its holdings in shares of Enova International by 672.9% in the fourth quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider’s stock worth $36,000 after buying an additional 323 shares in the last quarter. GAMMA Investing LLC increased 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 valued at $89,000 after acquiring an additional 210 shares during the last quarter. Longboard Asset Management LP purchased a new stake in Enova International in the 4th quarter worth $202,000. Crossmark Global Holdings Inc. bought a new position in shares of Enova International during the 4th quarter valued at about $206,000. Finally, Cibc World Markets Corp bought a new position in shares of Enova International during the 4th quarter valued at about $229,000. 89.43% of the stock is owned by hedge funds and other institutional investors.

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.