OppFi (NYSE:OPFI) CEO Buys $25,725.00 in Stock

OppFi Inc. (NYSE:OPFIGet Free Report) CEO Todd Schwartz bought 3,500 shares of the firm’s stock in a transaction dated Friday, September 4th. The shares were acquired at an average price of $7.35 per share, for a total transaction of $25,725.00. Following the completion of the transaction, the chief executive officer owned 626,383 shares in the company, valued at $4,603,915.05. This represents a 0.56% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

OppFi Stock Up 1.0%

NYSE:OPFI opened at $7.61 on Friday. OppFi Inc. has a 12-month low of $6.50 and a 12-month high of $12.45. The firm has a market capitalization of $648.11 million, a PE ratio of 4.02 and a beta of 1.76. The firm has a 50-day moving average price of $8.38 and a 200 day moving average price of $8.53.

OppFi (NYSE:OPFIGet Free Report) last announced its quarterly 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 business had revenue of $86.17 million for 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 expect that OppFi Inc. will post 1.4 EPS for the current year.

Institutional Investors Weigh In On OppFi

A number of hedge funds and other institutional investors have recently bought and sold shares of OPFI. 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 purchasing an additional 3,038 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of OppFi by 145.3% during the second 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. Russell Investments Group Ltd. grew its holdings in shares of OppFi by 217.6% during the second quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock worth $65,000 after purchasing an additional 3,207 shares during the last quarter. Quantbot Technologies LP increased its stake 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 buying an additional 1,494 shares in the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of OppFi in the fourth quarter valued at $95,000. 7.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on OPFI. Citizens Jmp reaffirmed a “market outperform” rating and issued a $11.00 price target on shares of OppFi in a research note on Wednesday, August 26th. Zacks Research lowered OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Weiss Ratings reissued a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Citigroup restated a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Finally, Wall Street Zen lowered shares of OppFi from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $10.50.

View Our Latest Research Report on OppFi

OppFi Company Profile

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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.

Further Reading

Insider Buying and Selling by Quarter for OppFi (NYSE:OPFI)

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