OppFi (NYSE:OPFI) CEO Todd Schwartz Purchases 3,500 Shares

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz bought 3,500 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were acquired at an average cost of $7.35 per share, with a total value of $25,725.00. Following the purchase, the chief executive officer directly owned 626,383 shares of the company’s stock, valued at approximately $4,603,915.05. This represents a 0.56% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

OppFi Stock Performance

Shares of OPFI traded down $0.01 during mid-day trading on Tuesday, reaching $7.42. The company had a trading volume of 538,989 shares, compared to its average volume of 656,153. The firm has a 50-day moving average price of $8.53 and a 200 day moving average price of $8.57. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45. The company has a market capitalization of $631.83 million, a price-to-earnings ratio of 3.92 and a beta of 1.76.

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

Hedge Funds Weigh In On OppFi

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OPFI. Quarry LP grew its holdings in OppFi by 669.2% during the 3rd quarter. Quarry LP now owns 3,492 shares of the company’s stock valued at $40,000 after buying an additional 3,038 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of 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 acquiring an additional 3,207 shares during the last quarter. Moran Wealth Management LLC purchased a new position in shares of OppFi in the first quarter valued at $84,000. Lazard Asset Management LLC bought a new stake in OppFi in the first quarter worth $91,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in OppFi during the fourth quarter valued at $95,000. 7.10% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on OPFI. Citigroup reissued a “market outperform” rating on shares of OppFi in a research report on Tuesday, August 11th. Wall Street Zen downgraded shares of OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Citizens Jmp reissued a “market outperform” rating and set a $11.00 price target on shares of OppFi in a report on Wednesday, August 26th. Piper Sandler lowered shares of OppFi to a “neutral” rating in a research report on Wednesday, August 26th. Finally, UBS Group set a $11.00 price target on shares of OppFi in a research report on Wednesday, August 26th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $10.50.

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.