Globeflex Capital L P Purchases New Holdings in OppFi Inc. $OPFI

Globeflex Capital L P acquired a new position in OppFi Inc. (NYSE:OPFI) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 326,313 shares of the company’s stock, valued at approximately $3,240,000.

Other institutional investors have also added to or reduced their stakes in the company. Quarry LP boosted 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 period. Russell Investments Group Ltd. raised its holdings in shares of 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 buying an additional 3,207 shares during the period. 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 worth $121,000 after buying an additional 1,494 shares during the period. Kemnay Advisory Services Inc. bought a new stake in shares of OppFi during the 4th quarter worth approximately $95,000. Finally, Jain Global LLC bought a new stake in shares of OppFi during the 4th quarter worth approximately $112,000. Institutional investors own 7.10% of the company’s stock.

OppFi Stock Up 0.3%

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

OppFi (NYSE:OPFI) last issued 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 firm had revenue of $86.17 million during the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Equities analysts anticipate that OppFi Inc. will post 1.4 earnings per share for the current year.

Insider Activity at OppFi

In other OppFi news, Director Christina M. Favilla sold 30,000 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $8.14, for a total transaction of $244,200.00. Following the transaction, the director directly owned 156,737 shares in the company, valued at $1,275,839.18. This represents a 16.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Todd G. Schwartz bought 3,500 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were acquired at an average cost of $7.16 per share, for a total transaction of $25,060.00. Following the transaction, the chief executive officer directly owned 584,283 shares in the company, valued at approximately $4,183,466.28. This trade represents a 0.60% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 86,950 shares of company stock worth $616,658 over the last three months. 70.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Citizens Jmp cut their price objective on OppFi from $15.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Tuesday, August 11th. Zacks Research downgraded OppFi from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Stephens lowered their target price on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a research note on Tuesday, August 11th. Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Finally, Wall Street Zen downgraded shares of OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $10.25.

OppFi 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.