OppFi (NYSE:OPFI) CEO Todd Schwartz Acquires 3,550 Shares

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,550 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was acquired at an average price of $7.07 per share, with a total value of $25,098.50. Following the completion of the transaction, the chief executive officer directly owned 591,283 shares of the company’s stock, valued at approximately $4,180,370.81. This represents a 0.60% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

OppFi Price Performance

Shares of NYSE:OPFI opened at $7.08 on Tuesday. OppFi Inc. has a 1 year low of $6.50 and a 1 year high of $12.45. The firm has a market capitalization of $602.95 million, a price-to-earnings ratio of 3.74 and a beta of 1.77. The business’s 50 day moving average price is $8.85 and its 200-day moving average price is $8.69.

OppFi (NYSE:OPFI) last released its quarterly earnings results on Monday, August 10th. The company reported $0.33 earnings per share (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 analyst estimates of $155.89 million. OppFi had a net margin of 16.64% and a return on equity of 30.89%. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, sell-side analysts expect that OppFi Inc. will post 1.4 earnings per share for the current year.

Hedge Funds Weigh In On OppFi

Institutional investors and hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System raised its holdings in OppFi by 145.3% in the 2nd quarter. California State Teachers Retirement System now owns 3,545 shares of the company’s stock valued at $357,000 after acquiring an additional 2,100 shares during the last quarter. AXQ Capital LP acquired a new position in shares of OppFi during the 2nd quarter worth approximately $426,000. PL Capital Advisors LLC purchased a new stake in shares of OppFi in the second quarter valued at approximately $2,979,000. Wellington Management Group LLP grew its position 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 purchasing an additional 389,082 shares in the last quarter. Finally, Globeflex Capital L P acquired a new stake in shares of OppFi in the second quarter valued at approximately $3,240,000. 7.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on OPFI. Citizens Jmp reduced their price target on shares of OppFi from $15.00 to $11.00 and set a “market outperform” rating for the company in a research report on Tuesday, August 11th. Citigroup reiterated a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Stephens dropped their price target on OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a research report on Tuesday, August 11th. Finally, Zacks Research downgraded OppFi from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $10.25.

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.