OppFi (NYSE:OPFI) CEO Acquires $26,268.00 in Stock

OppFi Inc. (NYSE:OPFIGet Free Report) CEO Todd Schwartz acquired 3,300 shares of OppFi stock in a transaction that occurred on Friday, September 11th. The stock was bought at an average price of $7.96 per share, with a total value of $26,268.00. Following the purchase, the chief executive officer directly owned 639,958 shares of the company’s stock, valued at approximately $5,094,065.68. This trade represents a 0.52% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

OppFi Trading Up 0.3%

Shares of OPFI opened at $7.05 on Friday. The firm’s 50-day moving average is $8.16 and its two-hundred day moving average is $8.47. OppFi Inc. has a twelve month low of $6.50 and a twelve month high of $12.45. The firm has a market capitalization of $600.80 million, a P/E ratio of 3.73 and a beta of 1.76.

OppFi (NYSE:OPFIGet Free Report) last posted 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). The company 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. Analysts predict that OppFi Inc. will post 1.4 EPS for the current year.

Analysts Set New Price Targets

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

View Our Latest Report on OppFi

Institutional Investors Weigh In On OppFi

A number of large investors have recently bought and sold shares of the stock. Moran Wealth Management LLC purchased a new stake in shares of OppFi in the first quarter valued at $84,000. Lazard Asset Management LLC purchased a new position in OppFi in the 1st quarter valued at about $91,000. AXQ Capital LP boosted its stake in shares of OppFi by 19.5% during the 4th quarter. AXQ Capital LP now owns 15,113 shares of the company’s stock worth $158,000 after purchasing an additional 2,470 shares during the last quarter. Sei Investments Co. purchased a new stake in shares of OppFi during the first quarter worth about $123,000. Finally, Hsbc Holdings PLC raised its position in shares of OppFi by 46.8% in the first quarter. Hsbc Holdings PLC now owns 16,539 shares of the company’s stock valued at $127,000 after buying an additional 5,269 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

About OppFi

(Get Free Report)

OppFi Inc (NYSE: OPFI) is a financial technology company that provides access to credit for consumers who may have limited or impaired credit histories. Through its OppLoans platform, the company offers unsecured personal installment loans designed to help customers manage expenses, consolidate debt, or address other short-term financial needs.

OppFi uses technology, data analysis, and automated underwriting to evaluate applicants and facilitate loan applications through digital channels.

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