OppFi (NYSE:OPFI) CEO Todd Schwartz Acquires 3,475 Shares of Stock

OppFi Inc. (NYSE:OPFIGet Free Report) CEO Todd Schwartz bought 3,475 shares of the business’s stock in a transaction dated Tuesday, September 8th. The shares were bought at an average cost of $7.41 per share, for a total transaction of $25,749.75. Following the transaction, the chief executive officer owned 629,858 shares in the company, valued at approximately $4,667,247.78. The trade was a 0.55% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

OppFi Stock Up 2.1%

Shares of OPFI opened at $7.55 on Thursday. The company has a market cap of $643.68 million, a PE ratio of 4.00 and a beta of 1.76. The business has a fifty day moving average of $8.43 and a 200 day moving average of $8.54. OppFi Inc. has a 52-week low of $6.50 and a 52-week high of $12.45.

OppFi (NYSE:OPFIGet Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.11). OppFi had a net margin of 16.64% and a return on equity of 30.89%. The firm had revenue of $86.17 million for the quarter, compared to the consensus estimate of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, research analysts anticipate that OppFi Inc. will post 1.4 earnings per share for the current fiscal year.

Institutional Investors Weigh In On OppFi

Hedge funds have recently made changes to their positions in the company. Quarry LP increased its stake in shares of OppFi by 669.2% during the third quarter. Quarry LP now owns 3,492 shares of the company’s stock valued at $40,000 after buying an additional 3,038 shares during the period. Russell Investments Group Ltd. lifted its stake in OppFi by 217.6% in the second quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock worth $65,000 after acquiring an additional 3,207 shares during the period. Moran Wealth Management LLC bought a new position in OppFi during the 1st quarter worth about $84,000. Lazard Asset Management LLC purchased a new position in OppFi during the 1st quarter valued at about $91,000. Finally, Kemnay Advisory Services Inc. purchased a new position in OppFi during the 4th quarter valued at about $95,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

OPFI has been the topic of a number of analyst reports. Stephens cut their target price on OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research note on Tuesday, August 11th. Zacks Research cut OppFi from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. UBS Group set a $11.00 target price on OppFi in a research note on Wednesday, August 26th. Piper Sandler lowered shares of OppFi to a “neutral” rating in a research note on Wednesday, August 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $10.50.

View Our Latest Stock Analysis on OPFI

About OppFi

(Get Free Report)

OppFi (NYSE: OPFI) is a financial technology company that provides digital lending and credit solutions designed to meet the needs of near-prime consumers in the United States. Through its technology-driven platform, OppFi offers unsecured installment loans under the OppLoans brand, allowing borrowers to access credit online or via mobile devices. The company leverages proprietary data analytics and machine learning models to assess credit risk, streamline underwriting processes and deliver personalized loan products with transparent terms.

Headquartered in Chicago, Illinois, OppFi was founded in 2013 with a mission to increase financial inclusion for underserved and underbanked populations.

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