OppFi (NYSE:OPFI) CEO Todd Schwartz Acquires 3,450 Shares

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,450 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The stock was purchased at an average cost of $7.59 per share, for a total transaction of $26,185.50. Following the completion of the purchase, the chief executive officer directly owned 633,308 shares of the company’s stock, valued at $4,806,807.72. The trade was a 0.55% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

OppFi Stock Performance

OppFi stock opened at $7.61 on Friday. The stock has a market capitalization of $648.11 million, a P/E ratio of 4.02 and a beta of 1.76. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45. The stock has a fifty day moving average of $8.38 and a 200-day moving average of $8.53.

OppFi (NYSE:OPFI) last posted its earnings results on Monday, August 10th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.11). The company had revenue of $86.17 million during the quarter, compared to the consensus estimate 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, research analysts forecast that OppFi Inc. will post 1.4 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on OPFI. UBS Group set a $11.00 price target on OppFi in a report on Wednesday, August 26th. Zacks Research downgraded OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Piper Sandler lowered OppFi to a “neutral” rating in a report on Wednesday, August 26th. Citigroup reissued a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Finally, Citizens Jmp restated a “market outperform” rating and set a $11.00 price objective on shares of OppFi in a report on Wednesday, August 26th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $10.50.

Hedge Funds Weigh In On OppFi

Several institutional investors have recently added to or reduced their stakes in OPFI. California State Teachers Retirement System increased its stake in shares of 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 purchasing an additional 2,100 shares during the last quarter. AXQ Capital LP purchased a new stake in OppFi in the second quarter worth $426,000. PL Capital Advisors LLC purchased a new stake in OppFi in the second quarter worth $2,979,000. Wellington Management Group LLP raised its stake in shares of OppFi by 14.8% in the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock valued at $29,981,000 after buying an additional 389,082 shares during the period. Finally, Globeflex Capital L P purchased a new stake in OppFi during the second quarter valued at about $3,240,000. 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.