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

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,550 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was purchased at an average cost of $6.93 per share, with a total value of $24,601.50. Following the acquisition, the chief executive officer directly owned 612,333 shares in the company, valued at $4,243,467.69. This trade represents a 0.58% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

OppFi Stock Down 0.6%

Shares of OPFI traded down $0.04 during trading hours on Tuesday, reaching $6.89. The stock had a trading volume of 499,602 shares, compared to its average volume of 657,432. The company has a market cap of $587.10 million, a P/E ratio of 3.65 and a beta of 1.77. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45. The firm has a 50-day moving average of $8.71 and a 200 day moving average of $8.63.

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 return on equity of 30.89% and a net margin of 16.64%.The business 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, equities analysts expect that OppFi Inc. will post 1.4 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. UBS Group set a $11.00 price objective on OppFi in a report on Wednesday, August 26th. Zacks Research downgraded shares of OppFi from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. Wall Street Zen lowered shares of OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Piper Sandler cut shares of OppFi to a “neutral” rating in a report on Wednesday, August 26th. Finally, Citigroup reissued a “market outperform” rating on shares of OppFi in a research report on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $10.50.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Quarry LP raised its position in OppFi by 669.2% in 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 during the last quarter. California State Teachers Retirement System boosted its position in OppFi by 145.3% during the 2nd quarter. California State Teachers Retirement System now owns 3,545 shares of the company’s stock worth $357,000 after acquiring an additional 2,100 shares during the last quarter. Russell Investments Group Ltd. grew 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 acquiring an additional 3,207 shares in the last quarter. Quantbot Technologies LP raised its holdings in shares of OppFi by 20.8% in the second quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock valued at $121,000 after purchasing an additional 1,494 shares during the last quarter. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of OppFi in the fourth quarter worth $95,000. 7.10% of the stock is currently owned by 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.