Todd Schwartz Purchases 3,550 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,550 shares of OppFi stock in a transaction on Monday, August 31st. The stock was acquired at an average cost of $6.93 per share, for a total transaction of $24,601.50. Following the purchase, the chief executive officer owned 612,333 shares of the company’s stock, valued at approximately $4,243,467.69. This represents a 0.58% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

OppFi Price Performance

Shares of NYSE:OPFI traded down $0.04 during midday trading on Tuesday, reaching $6.89. The company’s stock had a trading volume of 499,602 shares, compared to its average volume of 657,432. The business’s fifty day simple moving average is $8.71 and its 200-day simple moving average is $8.63. OppFi Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $12.45. The company has a market capitalization of $587.10 million, a P/E ratio of 3.65 and a beta of 1.77.

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

Wall Street Analyst Weigh In

OPFI has been the subject of a number of research reports. Citizens Jmp reissued a “market outperform” rating and issued a $11.00 price target on shares of OppFi in a report on Wednesday, August 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Zacks Research cut OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. UBS Group set a $11.00 target price on OppFi in a research report on Wednesday, August 26th. Finally, Wall Street Zen lowered OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $10.50.

Institutional Investors Weigh In On OppFi

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OPFI. Quarry LP boosted its holdings in OppFi by 669.2% during the third quarter. Quarry LP now owns 3,492 shares of the company’s stock worth $40,000 after buying an additional 3,038 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of OppFi by 217.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock valued at $65,000 after acquiring an additional 3,207 shares during the period. Moran Wealth Management LLC acquired a new stake in shares of OppFi in the 1st quarter valued at approximately $84,000. Lazard Asset Management LLC bought a new position in OppFi during the 1st quarter worth approximately $91,000. Finally, Kemnay Advisory Services Inc. bought a new position in OppFi during the 4th quarter worth approximately $95,000. Institutional investors own 7.10% of the company’s stock.

About OppFi

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.