OppFi (NYSE:OPFI) Director Jocelyn Moore Sells 8,190 Shares

OppFi Inc. (NYSE:OPFI) Director Jocelyn Moore sold 8,190 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $8.53, for a total transaction of $69,860.70. Following the completion of the sale, the director owned 39,076 shares of the company’s stock, valued at $333,318.28. The trade was a 17.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

OppFi Stock Up 0.3%

OPFI traded up $0.03 during midday trading on Monday, hitting $8.31. The company had a trading volume of 505,794 shares, compared to its average volume of 510,636. The stock’s 50 day moving average price is $9.43 and its 200 day moving average price is $10.05. OppFi Inc. has a 52 week low of $7.54 and a 52 week high of $15.03. The company has a market capitalization of $717.22 million, a price-to-earnings ratio of -75.50 and a beta of 1.73.

OppFi (NYSE:OPFI) last released its quarterly earnings data on Wednesday, March 11th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.02. The company had revenue of $85.57 million for the quarter, compared to analysts’ expectations of $159.80 million. OppFi had a net margin of 4.41% and a return on equity of 45.42%. OppFi has set its FY 2026 guidance at 1.760-1.840 EPS. Research analysts predict that OppFi Inc. will post 0.86 EPS for the current year.

Analysts Set New Price Targets

OPFI has been the subject of a number of research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of OppFi in a research note on Monday, December 29th. Zacks Research lowered OppFi from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $14.00.

Institutional Investors Weigh In On OppFi

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Quarry LP raised its holdings in shares of OppFi by 669.2% in the 3rd quarter. Quarry LP now owns 3,492 shares of the company’s stock worth $40,000 after acquiring an additional 3,038 shares during the last quarter. Accredited Wealth Management LLC acquired a new position in OppFi during the 3rd quarter valued at about $49,000. Russell Investments Group Ltd. increased its holdings in OppFi by 217.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock worth $65,000 after purchasing an additional 3,207 shares in the last quarter. Police & Firemen s Retirement System of New Jersey increased its holdings in OppFi by 56.7% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 5,384 shares of the company’s stock worth $75,000 after purchasing an additional 1,948 shares in the last quarter. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of OppFi in the fourth quarter worth approximately $95,000. 7.10% of the stock is owned by institutional investors.

About OppFi

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.