On August 19, 2024, David Fisher, CEO of Enova International Inc (NYSE:ENVA), sold 10,000 shares of the company’s stock at a price of $83.46 per share. This transaction was documented in an SEC filing. Following this sale, the insider now owns 423,239 shares of the company’s stock.

Enova International Inc is a financial technology and analytics company that provides online financial services. The company provides loans and financing to individuals and small businesses, using technology and analytics to ensure efficient and customized financial solutions.

Over the past year, David Fisher has sold a total of 85,000 shares and purchased no shares. This latest transaction is part of a broader trend observed over the past year, when there were 17 insider sales and no insider purchases at Enova International Inc.

Enova International Inc. shares were trading at $83.46 on the day of the sale, giving the company a market capitalization of around $2.17 billion. The stock’s price-to-earnings ratio is 13.62, which is below the industry average of 14.44.

The stock is valued at $74.86 according to GF Value, resulting in a price-to-GF Value ratio of 1.11, indicating that the stock is fairly valued.

The GF value is calculated based on historical trading multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio and price-to-free cash flow, along with a GuruFocus adjustment factor based on past earnings and growth as well as Morningstar analysts’ views on future business performance.

This insider sale may be of interest to current and prospective investors as it provides insight into the insider’s view on the stock’s current valuation and future prospects.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

This article first appeared on GuruFocus.