OppFi (NYSE:OPFI) CEO Todd Schwartz Purchases 3,500 Shares of Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz bought 3,500 shares of OppFi stock in a transaction that occurred on Friday, August 28th. The stock was purchased at an average price of $7.15 per share, with a total value of $25,025.00. Following the purchase, the chief executive officer directly owned 608,783 shares in the company, valued at $4,352,798.45. The trade was a 0.58% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

OppFi Stock Performance

OppFi stock opened at $6.93 on Tuesday. The business’s 50-day simple moving average is $8.71 and its two-hundred day simple moving average is $8.63. The company has a market cap of $590.51 million, a PE ratio of 3.67 and a beta of 1.77. OppFi Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $12.45.

OppFi (NYSE:OPFI) last released 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 firm had revenue of $86.17 million for the quarter, compared to analyst estimates 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. As a group, analysts predict that OppFi Inc. will post 1.4 EPS for the current fiscal year.

Institutional Trading of OppFi

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quarry LP boosted its stake in shares of OppFi by 669.2% during the 3rd quarter. Quarry LP now owns 3,492 shares of the company’s stock worth $40,000 after acquiring an additional 3,038 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of OppFi by 217.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock valued at $65,000 after purchasing an additional 3,207 shares in the last quarter. Moran Wealth Management LLC acquired a new position in OppFi in the 1st quarter worth about $84,000. Lazard Asset Management LLC purchased a new position in OppFi during the first quarter worth approximately $91,000. Finally, Kemnay Advisory Services Inc. purchased a new position in OppFi during the fourth quarter worth approximately $95,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on OPFI shares. Piper Sandler lowered shares of OppFi to a “neutral” rating in a research note on Wednesday, August 26th. Wall Street Zen downgraded OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Citizens Jmp reiterated a “market outperform” rating and set a $11.00 price objective on shares of OppFi in a research note on Wednesday, August 26th. UBS Group set a $11.00 price objective on OppFi in a report on Wednesday, August 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $10.50.

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.