ENVA - Insider Unloading: David Fisher Sells $1.37M Worth Of Enova International Shares | Benzinga
On December 26, a recent SEC filing unveiled that David Fisher, Chief Executive Officer at Enova International (NYSE:ENVA) made an insider sell.
What Happened: After conducting a thorough analysis, Fisher sold 32,428 shares of Enova International. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The total transaction value is $1,366,655.
As of Wednesday morning, Enova International shares are down by 0.0%, currently priced at $55.93.
Delving into Enova International's Background
Enova International Inc provides online financial services, including short-term consumer loans, line of credit accounts, and installment loans to customers mainly in the United States and the United Kingdom. Consumers apply for credit online, receive a decision almost immediately, and can receive funds within one day. Enova acts as either the lender or a third-party facilitator between borrowers and other lenders. The company earns revenue from interest income, finance charges, and other fees, including fees on the transactions between borrowers and third-party lenders. The majority of revenue comes from the United States. The company realizes similar amounts of revenue from each of its three different products: short-term loans, lines of credit, and installment loans.
Breaking Down Enova International's Financial Performance
Positive Revenue Trend: Examining Enova International's financials over 3 months reveals a ...