OppFi (NYSE:OPFI) CEO Acquires $26,185.50 in Stock

OppFi Inc. (NYSE:OPFIGet Free Report) CEO Todd Schwartz acquired 3,450 shares of the business’s stock in a transaction dated Wednesday, September 9th. The stock was purchased at an average cost of $7.59 per share, for a total transaction of $26,185.50. Following the completion of the acquisition, the chief executive officer directly owned 633,308 shares of the company’s stock, valued at approximately $4,806,807.72. This trade represents a 0.55% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link.

OppFi Stock Up 4.5%

Shares of NYSE:OPFI opened at $7.93 on Friday. OppFi Inc. has a 52-week low of $6.50 and a 52-week high of $12.45. The stock has a market cap of $675.63 million, a price-to-earnings ratio of 4.20 and a beta of 1.76. The business has a 50-day moving average price of $8.34 and a 200-day moving average price of $8.53.

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

Institutional Investors Weigh In On OppFi

Hedge funds have recently modified their holdings of the company. California State Teachers Retirement System grew its position in shares of OppFi by 145.3% during the 2nd quarter. California State Teachers Retirement System now owns 3,545 shares of the company’s stock valued at $357,000 after acquiring an additional 2,100 shares during the period. AXQ Capital LP acquired a new position in OppFi in the 2nd quarter worth about $426,000. PL Capital Advisors LLC purchased a new position in OppFi during the second quarter worth approximately $2,979,000. Wellington Management Group LLP boosted its position in OppFi by 14.8% during the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock worth $29,981,000 after purchasing an additional 389,082 shares in the last quarter. Finally, Globeflex Capital L P acquired a new stake in OppFi in the second quarter valued at approximately $3,240,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

OPFI has been the subject of several analyst reports. Stephens decreased their price objective on OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a report on Tuesday, August 11th. UBS Group set a $11.00 target price on OppFi in a report on Wednesday, August 26th. Wall Street Zen cut OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Weiss Ratings reissued a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $11.00 price objective on shares of OppFi in a research report on Wednesday, August 26th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $10.50.

View Our Latest Stock Analysis on OPFI

About OppFi

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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.

Further Reading

Insider Buying and Selling by Quarter for OppFi (NYSE:OPFI)

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