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

OppFi Inc. (NYSE:OPFIGet Free Report) Director Jocelyn Moore sold 8,190 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $8.53, for a total value of $69,860.70. Following the sale, the director directly owned 39,076 shares in the company, valued at $333,318.28. This trade represents a 17.33% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

OppFi Stock Up 3.7%

OPFI stock opened at $8.60 on Wednesday. The firm has a market capitalization of $742.26 million, a PE ratio of -78.14 and a beta of 1.73. OppFi Inc. has a twelve month low of $7.54 and a twelve month high of $15.03. The stock has a 50-day simple moving average of $9.35 and a two-hundred day simple moving average of $10.03.

OppFi (NYSE:OPFIGet Free Report) last announced its quarterly earnings results 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. OppFi had a net margin of 4.41% and a return on equity of 45.42%. The firm had revenue of $85.57 million for the quarter, compared to the consensus estimate of $159.80 million. OppFi has set its FY 2026 guidance at 1.760-1.840 EPS. On average, equities research analysts anticipate that OppFi Inc. will post 0.86 EPS for the current fiscal year.

Institutional Investors Weigh In On OppFi

Large investors have recently added to or reduced their stakes in the company. Thoroughbred Financial Services LLC boosted its holdings in shares of OppFi by 483.3% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 82,712 shares of the company’s stock worth $1,157,000 after purchasing an additional 68,532 shares in the last quarter. Sierra Summit Advisors LLC purchased a new position in shares of OppFi during the 2nd quarter valued at about $989,000. Globeflex Capital L P lifted its position in OppFi by 78.1% in the 2nd quarter. Globeflex Capital L P now owns 334,441 shares of the company’s stock worth $4,679,000 after buying an additional 146,645 shares during the last quarter. Diversify Advisory Services LLC boosted its stake in OppFi by 98.9% in the third quarter. Diversify Advisory Services LLC now owns 321,636 shares of the company’s stock worth $3,644,000 after buying an additional 159,895 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in OppFi by 25.7% in the second quarter. Geode Capital Management LLC now owns 536,668 shares of the company’s stock worth $7,509,000 after buying an additional 109,771 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Zacks Research cut shares of OppFi from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Weiss Ratings restated a “sell (d+)” rating on shares of OppFi in a research report on Monday, December 29th. One equities 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. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $14.00.

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About OppFi

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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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