OppFi (NYSE:OPFI) CEO Buys 3,550 Shares of Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,550 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was purchased at an average cost of $7.07 per share, for a total transaction of $25,098.50. Following the acquisition, the chief executive officer owned 591,283 shares of the company’s stock, valued at approximately $4,180,370.81. This trade represents a 0.60% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

OppFi Stock Up 1.4%

NYSE:OPFI traded up $0.10 during trading hours on Monday, hitting $7.08. 936,604 shares of the company’s stock traded hands, compared to its average volume of 657,967. The firm has a market cap of $602.93 million, a P/E ratio of 3.74 and a beta of 1.77. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45. The business’s fifty day simple moving average is $8.87 and its two-hundred day simple moving average is $8.71.

OppFi (NYSE:OPFI) last announced its earnings results on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.11). OppFi had a return on equity of 30.89% and a net margin of 16.64%.The business had revenue of $86.17 million during the quarter, compared to the consensus estimate of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, analysts expect that OppFi Inc. will post 1.4 EPS for the current year.

Institutional Investors Weigh In On OppFi

A number of hedge funds have recently made changes to their positions in the business. Great Valley Advisor Group Inc. grew its holdings in shares of OppFi by 6.1% in the second quarter. Great Valley Advisor Group Inc. now owns 24,895 shares of the company’s stock worth $348,000 after purchasing an additional 1,423 shares during the last quarter. Quantbot Technologies LP raised its holdings in OppFi by 20.8% during the 2nd quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock valued at $121,000 after buying an additional 1,494 shares during the last quarter. Zacks Investment Management boosted its position in OppFi by 5.2% during the 3rd quarter. Zacks Investment Management now owns 40,585 shares of the company’s stock valued at $460,000 after buying an additional 2,000 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in OppFi by 17.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,282 shares of the company’s stock worth $186,000 after acquiring an additional 2,013 shares during the last quarter. Finally, R Squared Ltd grew its holdings in OppFi by 10.5% in the 1st quarter. R Squared Ltd now owns 21,684 shares of the company’s stock worth $167,000 after acquiring an additional 2,053 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on OPFI. Citizens Jmp lowered their target price on shares of OppFi from $15.00 to $11.00 and set a “market outperform” rating on the stock in a research note on Tuesday, August 11th. Zacks Research cut shares of OppFi from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Wall Street Zen lowered shares of OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Finally, Stephens reduced their target price 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. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $10.25.

OppFi Company 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.