Insider Buying: OppFi (NYSE:OPFI) CEO Buys $25,025.00 in Stock

OppFi Inc. (NYSE:OPFIGet Free Report) CEO Todd Schwartz acquired 3,500 shares of the stock in a transaction on Friday, August 28th. The shares were purchased at an average cost of $7.15 per share, with a total value of $25,025.00. Following the transaction, the chief executive officer directly owned 608,783 shares of the company’s stock, valued at approximately $4,352,798.45. This trade represents a 0.58% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

OppFi Price Performance

NYSE:OPFI opened at $7.24 on Thursday. The firm’s 50-day moving average price is $8.64 and its 200-day moving average price is $8.60. The company has a market capitalization of $617.18 million, a PE ratio of 3.83 and a beta of 1.76. OppFi Inc. has a 1-year low of $6.50 and a 1-year high of $12.45.

OppFi (NYSE:OPFIGet Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.33 earnings per share (EPS) 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 business had revenue of $86.17 million for the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Equities analysts anticipate that OppFi Inc. will post 1.4 EPS for the current fiscal year.

Hedge Funds Weigh In On OppFi

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System boosted its holdings 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 last quarter. AXQ Capital LP bought a new stake in shares of OppFi during the 2nd quarter valued at about $426,000. PL Capital Advisors LLC bought a new stake in shares of OppFi during the 2nd quarter valued at about $2,979,000. Wellington Management Group LLP increased its position in shares of OppFi by 14.8% during the 2nd quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock valued at $29,981,000 after purchasing an additional 389,082 shares during the last quarter. Finally, Globeflex Capital L P purchased a new stake in shares of OppFi during the 2nd quarter valued at about $3,240,000. 7.10% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on OPFI shares. Stephens cut their price target 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. Weiss Ratings reissued a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $11.00 price target on shares of OppFi in a research report on Wednesday, August 26th. Zacks Research cut shares of OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Finally, UBS Group set a $11.00 price objective on shares of OppFi in a research 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 assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $10.50.

Check Out Our Latest Research Report on OppFi

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.

See Also

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

Receive News & Ratings for OppFi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OppFi and related companies with MarketBeat.com's FREE daily email newsletter.