Key Points
- Chairman David Fisher sold 9,957 Enova shares at an average price of $178.16, generating $1.77 million and reducing his direct ownership by 3.15% to 306,444 shares. He has also reported several other sizable sales since August.
- Enova’s latest quarterly results exceeded expectations, with earnings of $4.48 per share and revenue of $1.01 billion; revenue increased 25.7% year over year.
- Analysts maintain a generally positive outlook, with eight Buy ratings and one Hold rating and an average price target of $239, although some firms recently lowered their targets. Institutional investors own approximately 89.43% of the company.
Enova International, Inc. (NYSE:ENVA - Get Free Report) Chairman David Fisher sold 9,957 shares of the company's stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $178.16, for a total value of $1,773,939.12. Following the completion of the transaction, the chairman directly owned 306,444 shares of the company's stock, valued at approximately $54,596,063.04. This represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
David Fisher also recently made the following trade(s):
- On Tuesday, October 27th, David Fisher sold 13,200 shares of Enova International stock. The shares were sold at an average price of $171.79, for a total value of $2,267,628.00.
- On Thursday, September 17th, David Fisher sold 20,750 shares of Enova International stock. The shares were sold at an average price of $178.24, for a total value of $3,698,480.00.
- On Tuesday, August 25th, David Fisher sold 9,491 shares of Enova International stock. The stock was sold at an average price of $244.01, for a total value of $2,315,898.91.
- On Wednesday, August 26th, David Fisher sold 9,078 shares of Enova International stock. The stock was sold at an average price of $239.16, for a total value of $2,171,094.48.
Enova International Stock Up 0.6%
ENVA stock opened at $180.97 on Friday. The stock's fifty day simple moving average is $194.30 and its two-hundred day simple moving average is $183.66. The company has a current ratio of 18.92, a quick ratio of 18.91 and a debt-to-equity ratio of 3.43. Enova International, Inc. has a 1-year low of $118.28 and a 1-year high of $267.45. The stock has a market cap of $4.43 billion, a P/E ratio of 12.46 and a beta of 1.28.
Enova International (NYSE:ENVA - Get Free Report) last announced its quarterly earnings data on Thursday, October 22nd. The credit services provider reported $4.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.42 by $0.06. Enova International had a return on equity of 27.25% and a net margin of 10.47%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the prior year, the company earned $3.36 EPS. The business's revenue for the quarter was up 25.7% on a year-over-year basis. Analysts expect that Enova International, Inc. will post 16.32 EPS for the current year.
Institutional Trading of Enova International
A number of large investors have recently bought and sold shares of ENVA. Amundi raised its stake in shares of Enova International by 66.6% in the second quarter. Amundi now owns 207,684 shares of the credit services provider's stock valued at $49,996,000 after buying an additional 83,002 shares during the period. Bank of New York Mellon Corp bought a new position in shares of Enova International during the 2nd quarter worth $38,453,000. Tieton Capital Management LLC bought a new position in shares of Enova International during the 2nd quarter worth $26,577,000. Alyeska Investment Group L.P. bought a new position in shares of Enova International during the 2nd quarter worth $25,749,000. Finally, Assenagon Asset Management S.A. increased its holdings in Enova International by 133.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 72,385 shares of the credit services provider's stock worth $12,096,000 after acquiring an additional 41,378 shares during the last quarter. 89.43% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
ENVA has been the topic of a number of research analyst reports. Stephens boosted their price target on shares of Enova International from $215.00 to $225.00 and gave the stock an "overweight" rating in a report on Friday, October 23rd. Jefferies Financial Group decreased their price objective on shares of Enova International from $300.00 to $275.00 and set a "buy" rating for the company in a report on Wednesday, October 7th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Enova International in a research report on Thursday, October 15th. Zacks Research lowered shares of Enova International from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, September 16th. Finally, Maxim Group dropped their target price on shares of Enova International from $285.00 to $220.00 and set a "buy" rating on the stock in a research note on Monday. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Enova International has an average rating of "Moderate Buy" and an average target price of $239.00.
Read Our Latest Analysis on Enova International
Enova International News Roundup
Here are the key news stories impacting Enova International this week:
- Positive Sentiment: An analyst upgrade helped support Enova’s shares on October 27. The move suggests improved expectations for the company’s earnings or valuation, despite differing views among analysts. Enova International Shares Up 4.8% Following Analyst Upgrade
- Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of Enova investors. The announcement does not establish wrongdoing, but it could weigh on sentiment by increasing legal and reputational uncertainty. Pomerantz Investor Alert
- Negative Sentiment: Several executives reported sizable stock sales. Chairman David Fisher sold 23,157 shares across October 27–28, CEO Steven Cunningham sold 15,305 shares, and insider Kirk Chartier sold 27,977 shares. The transactions reduced their respective holdings by approximately 3.15% to 26.65% and may be viewed as a near-term confidence signal, although insider sales can also reflect diversification or personal financial planning. SEC insider-trading filing
- Negative Sentiment: Maxim Group lowered its expectations for Enova’s stock price, counterbalancing the separate analyst upgrade and indicating that some analysts see less upside ahead. Maxim Group Lowers Enova Expectations
About Enova International
(
Get Free Report)
Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. Its offerings include consumer installment loans and lines of credit, as well as small-business financing products designed to provide access to working capital. The company serves customers who may have limited access to traditional bank credit and uses data-driven underwriting and technology-enabled platforms in its lending operations.
Enova markets its products through brands including CashNetUSA and NetCredit, which provide consumer financial services, and OnDeck, which focuses on lending to small businesses.
Further Reading

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