Steven E. Cunningham is selling 29,674 shares of Enova International, Inc. (NYSE:ENVA).
Enova International, Inc. (NYSE:ENVA- received rating) CFO Steven E. Cunningham sold 29,674 shares of Enova International in a transaction that took place on Tuesday, October 4th. The shares were sold at an average price of $31.00 for a total transaction of $919,894.00. Following the sale, the Chief Financial Officer now directly owns 178,356 shares of the company, valued at approximately $5,529,036. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Enova International Trading up 7.0%
Enova International shares rose $2.09 during Tuesday trading to hit $32.06. The company had a trading volume of 260,565 shares compared to an average volume of 288,948. Enova International, Inc. has a 1 year low of $25.80 and a 1 year high of $47.88. The company has a current ratio of 13.45, a quick ratio of 13.45 and a debt to equity ratio of 1.66. The company’s 50-day simple moving average is $34.34 and its 200-day simple moving average is $33.60. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 5.58 and a beta of 1.43.
Enova International (NYSE:ENVA- received rating) last released its earnings results on Thursday, July 28th. The credit servicer reported earnings per share of $1.48 for the quarter, beating the consensus estimate of $1.48. The company had revenue of $407.90 million for the quarter, compared to the consensus estimate of $405.15 million. Enova International had a net margin of 13.88% and a return on equity of 19.31%. The company’s revenue for the quarter rose 54.1% year over year. In the same quarter last year, the company earned $2.16 per share. As a group, analysts expect Enova International, Inc. to post 6.16 EPS for the current fiscal year.
Wall Street analyst ponders
Separately, in a report Thursday, September 29, JMP Securities reiterated a “buy” rating and issued a price target of $42.00 on shares of Enova International.
Hedge funds rely on Enova International
Institutional investors recently changed their holdings in the company. Lazard Asset Management LLC purchased a new position in Enova International stock valued at $44,000 during the second quarter. SG Americas Securities LLC increased its stake in Enova International shares by 27.5% during the first quarter. SG Americas Securities LLC now owns 3,813 shares of the credit servicer, valued at $145,000, after purchasing an additional 823 shares last quarter. Dupont Capital Management Corp purchased a new position in Enova International stock valued at $145,000 during the first quarter. Mutual of America Capital Management LLC increased its position in Enova International shares by 11.1% during the second quarter. Mutual of America Capital Management LLC now owns 5,468 shares of the loan servicer, valued at $158,000, after purchasing an additional 548 shares last quarter. Finally, Summit Global Investments increased its position in shares of Enova International by 49.5% during the second quarter. Summit Global Investments now owns 24,375 shares of the credit servicer, valued at $702,000, after buying an additional 8,075 shares last quarter. Institutional investors and hedge funds own 92.43% of the company’s shares.
Enova International company profile
Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, Australia and Canada. The company offers installment loans; line of credit accounts; accounts receivable purchase contracts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and banking programs such as B. Marketing services and credit servicing for unsecured installment loans for consumers with near-premium quality.
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