On August 14, 2024, David Fisher, CEO of Enova International Inc (NYSE:ENVA), sold 15,000 shares of the company’s stock at a price of $79.85 per share. This transaction was filed with the SEC and can be read in detail here. After this sale, the insider now owns 443,239 shares of the company’s stock.
Enova International Inc. is a financial technology and analytics company that provides online financial services. The company offers loans and financing options to consumers and small businesses that may not have access to traditional forms of credit.
Over the past year, David Fisher has sold a total of 65,000 shares and purchased no shares. This latest transaction is part of a broader trend that has seen 15 insider sales and no insider purchases at Enova International Inc. over the past year.
Enova International Inc. shares were trading at $79.85 on the day of the sale, giving the company a market capitalization of around $2.17 billion. The company’s price-to-earnings ratio is 13.40, which is below the industry average of 14.265.
According to GF Value, the estimated intrinsic value of Enova International Inc. is $74.45 per share, making the stock slightly overvalued with a price-to-value ratio of 1.07.
This insider sale could be of interest to investors who follow insider behavior as an indicator of company performance and valuation prospects. The transaction details and the company’s valuation metrics provide an overview of the current financial position and market perception of Enova International Inc.
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