OppFi (NYSE:OPFI) Director Sells $48,702.24 in Stock

OppFi Inc. (NYSE:OPFI) Director Jocelyn Moore sold 4,464 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $10.91, for a total value of $48,702.24. Following the completion of the sale, the director owned 47,266 shares in the company, valued at $515,672.06. The trade was a 8.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

OppFi Trading Down 4.0%

NYSE:OPFI traded down $0.45 during trading hours on Monday, reaching $10.65. 606,341 shares of the company traded hands, compared to its average volume of 1,282,368. The business’s 50-day moving average price is $9.90 and its two-hundred day moving average price is $11.11. OppFi Inc. has a 1 year low of $6.81 and a 1 year high of $17.73. The stock has a market capitalization of $919.30 million, a P/E ratio of -14.19 and a beta of 1.69.

OppFi (NYSE:OPFI) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.15. The firm had revenue of $155.09 million during the quarter, compared to the consensus estimate of $153.42 million. OppFi had a return on equity of 55.59% and a net margin of 0.68%.OppFi has set its FY 2025 guidance at 1.540-1.600 EPS. As a group, equities analysts anticipate that OppFi Inc. will post 0.86 EPS for the current year.

Analysts Set New Price Targets

OPFI has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of OppFi in a report on Monday, December 8th. Zacks Research upgraded shares of OppFi from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, OppFi presently has an average rating of “Moderate Buy” and an average target price of $13.63.

Institutional Trading of OppFi

Institutional investors have recently made changes to their positions in the stock. Financial Management Professionals Inc. purchased a new position in shares of OppFi during the second quarter valued at approximately $25,000. Quarry LP purchased a new stake in OppFi in the first quarter worth approximately $27,000. Accredited Wealth Management LLC bought a new stake in OppFi in the 3rd quarter worth approximately $49,000. Russell Investments Group Ltd. raised its stake in OppFi by 217.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock valued at $65,000 after buying an additional 3,207 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its stake 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 valued at $75,000 after buying an additional 1,948 shares during the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

OppFi Company Profile

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.