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

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,500 shares of the stock in a transaction on Wednesday, August 19th. The shares were purchased at an average price of $7.16 per share, with a total value of $25,060.00. Following the acquisition, the chief executive officer directly owned 584,283 shares in the company, valued at $4,183,466.28. This represents a 0.60% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

OppFi Stock Performance

Shares of OPFI remained flat at $7.18 during midday trading on Thursday. 460,354 shares of the stock were exchanged, compared to its average volume of 655,813. OppFi Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $12.45. The business has a fifty day moving average price of $8.92 and a two-hundred day moving average price of $8.74. The firm has a market capitalization of $611.81 million, a P/E ratio of 3.80 and a beta of 1.77.

OppFi (NYSE:OPFI) last released its quarterly earnings data 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). The firm had revenue of $86.17 million for the quarter, compared to analysts’ expectations 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. Research analysts expect that OppFi Inc. will post 1.4 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on OPFI. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Stephens cut their target price on OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research report on Tuesday, August 11th. Zacks Research cut OppFi from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Citigroup restated a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Finally, Wall Street Zen downgraded OppFi from a “buy” rating to a “hold” rating in a report on Sunday. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $10.25.

Institutional Investors Weigh In On OppFi

A number of institutional investors and hedge funds have recently bought and sold shares of OPFI. Arrowstreet Capital Limited Partnership boosted its stake in OppFi by 208.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock valued at $1,632,000 after acquiring an additional 142,971 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of OppFi by 50.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock valued at $3,285,000 after purchasing an additional 141,949 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of OppFi by 53.0% in the 1st quarter. Kestra Advisory Services LLC now owns 176,047 shares of the company’s stock valued at $1,357,000 after purchasing an additional 61,013 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of OppFi by 11.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 63,304 shares of the company’s stock valued at $480,000 after purchasing an additional 6,431 shares during the period. Finally, State of Wyoming boosted its position in shares of OppFi by 7.9% in the 1st quarter. State of Wyoming now owns 42,739 shares of the company’s stock valued at $330,000 after purchasing an additional 3,139 shares during the period. 7.10% of the stock is owned by hedge funds and other institutional investors.

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.