Todd Schwartz Buys 3,450 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz bought 3,450 shares of the company’s stock in a transaction dated Wednesday, September 9th. The stock was bought at an average price of $7.59 per share, with a total value of $26,185.50. Following the acquisition, the chief executive officer owned 633,308 shares in the company, valued at approximately $4,806,807.72. This trade represents a 0.55% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

OppFi Stock Performance

NYSE OPFI opened at $7.93 on Friday. The business’s 50 day moving average price is $8.34 and its 200-day moving average price is $8.53. 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 cap of $675.61 million, a P/E ratio of 4.20 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 (EPS) 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 company 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. As a group, equities analysts predict that OppFi Inc. will post 1.4 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on OPFI. Stephens dropped their target price on OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a research report on Tuesday, August 11th. Citigroup reiterated a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Weiss Ratings reissued a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Piper Sandler cut OppFi to a “neutral” rating in a report on Wednesday, August 26th. Finally, Wall Street Zen downgraded OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Two equities research 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. According to MarketBeat.com, OppFi currently has an average rating of “Hold” and a consensus target price of $10.50.

Hedge Funds Weigh In On OppFi

A number of large investors have recently bought and sold shares of OPFI. Quarry LP lifted its position in shares of OppFi by 669.2% during the third quarter. Quarry LP now owns 3,492 shares of the company’s stock valued at $40,000 after buying an additional 3,038 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in OppFi by 217.6% in the second 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 during the last quarter. Moran Wealth Management LLC acquired a new position in shares of OppFi during the first quarter worth $84,000. Lazard Asset Management LLC purchased a new stake in shares of OppFi during the 1st quarter valued at $91,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of OppFi in the 4th quarter worth $95,000. Institutional investors own 7.10% of the company’s stock.

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.