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

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,550 shares of the business’s stock in a transaction on Wednesday, September 2nd. The stock was acquired at an average price of $7.15 per share, with a total value of $25,382.50. Following the transaction, the chief executive officer directly owned 619,433 shares of the company’s stock, valued at $4,428,945.95. This represents a 0.58% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

OppFi Stock Performance

Shares of NYSE OPFI opened at $7.42 on Friday. The firm has a market capitalization of $632.26 million, a P/E ratio of 3.93 and a beta of 1.76. OppFi Inc. has a one year low of $6.50 and a one year high of $12.45. The company’s fifty day moving average is $8.57 and its two-hundred day moving average is $8.58.

OppFi (NYSE:OPFI) last posted its quarterly 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). The company had revenue of $86.17 million for the quarter, compared to analyst estimates of $155.89 million. OppFi had a return on equity of 30.89% and a net margin of 16.64%.OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, sell-side 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 lifted its holdings in shares of OppFi by 669.2% in the third quarter. Quarry LP now owns 3,492 shares of the company’s stock valued at $40,000 after purchasing an additional 3,038 shares in the last quarter. Russell Investments Group Ltd. increased its stake 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 worth $65,000 after purchasing an additional 3,207 shares in the last quarter. Moran Wealth Management LLC purchased a new position in shares of OppFi during the 1st quarter worth approximately $84,000. Lazard Asset Management LLC acquired a new position in shares of OppFi during the 1st quarter worth approximately $91,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of OppFi during the 4th quarter worth approximately $95,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

Analyst Ratings Changes

OPFI has been the subject of a number of research analyst reports. Piper Sandler cut shares of OppFi to a “neutral” rating in a report on Wednesday, August 26th. Wall Street Zen lowered OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. UBS Group set a $11.00 price target on OppFi in a report on Wednesday, August 26th. Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $11.00 price objective on shares of OppFi in a report on Wednesday, August 26th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average 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.