PL Capital Advisors LLC acquired a new stake in shares of OppFi Inc. (NYSE:OPFI – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 300,000 shares of the company’s stock, valued at approximately $2,979,000. OppFi makes up about 0.8% of PL Capital Advisors LLC’s holdings, making the stock its 17th largest holding.
Several other hedge funds and other institutional investors have also bought and sold shares of OPFI. Quarry LP raised 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 worth $40,000 after acquiring an additional 3,038 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of OppFi by 217.6% in the 2nd 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 last quarter. Quantbot Technologies LP boosted its stake in shares of OppFi by 20.8% in the 2nd quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock valued at $121,000 after purchasing an additional 1,494 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in shares of OppFi during the 4th quarter valued at $95,000. Finally, Jain Global LLC bought a new position in shares of OppFi during the 4th quarter valued at $112,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.
Insider Activity
In other news, insider Christopher J. Mckay sold 77,850 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $7.18, for a total transaction of $558,963.00. Following the completion of the transaction, the insider directly owned 1,431,479 shares of the company’s stock, valued at approximately $10,278,019.22. This represents a 5.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Todd G. Schwartz bought 3,550 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were purchased at an average price of $7.13 per share, with a total value of $25,311.50. Following the completion of the acquisition, the chief executive officer owned 605,283 shares of the company’s stock, valued at $4,315,667.79. This trade represents a 0.59% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders acquired 101,025 shares of company stock worth $717,080 and sold 136,335 shares worth $1,007,116. Insiders own 70.20% of the company’s stock.
OppFi Stock Performance
OppFi (NYSE:OPFI – Get Free Report) last issued its earnings results on Monday, August 10th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.11). OppFi had a return on equity of 30.89% and a net margin of 16.64%.The firm had revenue of $86.17 million during the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, equities research analysts forecast that OppFi Inc. will post 1.4 earnings per share for the current fiscal year.
More OppFi News
Here are the key news stories impacting OppFi this week:
- Positive Sentiment: CEO Todd Schwartz bought 3,550 shares at an average price of $7.13, increasing his direct ownership by 0.59%. This follows his purchase of 3,500 shares at $7.19 on August 26, providing a modest signal that management sees value at current levels. OppFi CEO Insider Purchase
- Positive Sentiment: Citizens JMP reaffirmed a “market outperform” rating and assigned an $11.00 price target, well above recent trading levels. The broader analyst consensus remains “Hold,” with an average target of $10.50. OppFi Receives Market Outperform Rating
- Neutral Sentiment: OppFi announced participation in upcoming financial conferences, which could give management an opportunity to discuss strategy, credit trends and its 2026 outlook, but no new financial guidance was reported. OppFi Financial Conference Participation
- Negative Sentiment: Zacks Research downgraded OppFi from “Hold” to “Strong Sell,” adding significant near-term bearish pressure and countering the more favorable Citizens JMP view. Zacks Research
- Negative Sentiment: Insider Christopher J. McKay sold 77,850 shares at an average price of $7.18, reducing his ownership by 5.16%. Although he still owns roughly 1.43 million shares, the sale may weigh on sentiment.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the stock. Stephens decreased their target price on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research report on Tuesday, August 11th. Piper Sandler cut OppFi to a “neutral” rating in a research note on Wednesday. UBS Group set a $11.00 price objective on OppFi in a report on Wednesday. Citigroup reissued a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Finally, Citizens Jmp restated a “market outperform” rating and set a $11.00 target price on shares of OppFi in a report on Wednesday, August 26th. Two equities 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $10.50.
OppFi Profile
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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