OppFi (NYSE:OPFI) CEO Buys $24,598.50 in Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,450 shares of OppFi stock in a transaction on Thursday, August 20th. The shares were acquired at an average cost of $7.13 per share, for a total transaction of $24,598.50. Following the completion of the transaction, the chief executive officer owned 587,733 shares of the company’s stock, valued at $4,190,536.29. This represents a 0.59% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

OppFi Stock Up 0.3%

OPFI opened at $7.00 on Monday. The company has a 50 day moving average of $8.87 and a two-hundred day moving average of $8.71. OppFi Inc. has a 52-week low of $6.50 and a 52-week high of $12.45. The company has a market cap of $596.47 million, a P/E ratio of 3.70 and a beta of 1.77.

OppFi (NYSE:OPFI) last posted its 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 business 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. Research analysts anticipate that OppFi Inc. will post 1.4 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. AXQ Capital LP acquired a new stake in OppFi in the second quarter worth about $426,000. PL Capital Advisors LLC acquired a new position in OppFi during the 2nd quarter valued at about $2,979,000. Wellington Management Group LLP raised its position in shares of OppFi by 14.8% during the 2nd quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock worth $29,981,000 after buying an additional 389,082 shares in the last quarter. Globeflex Capital L P bought a new stake in OppFi during the second quarter worth approximately $3,240,000. Finally, Bank of New York Mellon Corp bought a new position in OppFi during the 2nd quarter valued at $891,000. 7.10% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on OPFI shares. Stephens cut their price target on OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research note 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. Citizens Jmp decreased their price objective on shares of OppFi from $15.00 to $11.00 and set a “market outperform” rating for the company in a report on Tuesday, August 11th. Wall Street Zen lowered shares of OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Finally, Citigroup reissued a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $10.25.

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.