OppFi (NYSE:OPFI) CEO Todd Schwartz Acquires 3,350 Shares

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,350 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was purchased at an average cost of $7.56 per share, with a total value of $25,326.00. Following the purchase, the chief executive officer directly owned 636,658 shares in the company, valued at approximately $4,813,134.48. This trade represents a 0.53% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

OppFi Stock Performance

NYSE OPFI opened at $7.93 on Friday. OppFi Inc. has a twelve month low of $6.50 and a twelve month high of $12.45. The stock has a market cap of $675.61 million, a price-to-earnings ratio of 4.20 and a beta of 1.76. The firm’s 50 day moving average price is $8.34 and its two-hundred day moving average price is $8.53.

OppFi (NYSE:OPFI) last released its 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 business had revenue of $86.17 million during the quarter, compared to analysts’ expectations 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, research analysts forecast that OppFi Inc. will post 1.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on OPFI. UBS Group set a $11.00 price objective on OppFi in a research report on Wednesday, August 26th. Zacks Research downgraded OppFi from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. Piper Sandler cut shares of OppFi to a “neutral” rating in a report on Wednesday, August 26th. Citigroup restated a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $11.00 price objective on shares of OppFi in a research report on Wednesday, August 26th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, OppFi currently has a consensus rating of “Hold” and an average target price of $10.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of OPFI. Wellington Management Group LLP grew its stake in shares of OppFi by 14.8% in the 2nd 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 in the last quarter. Arrowstreet Capital Limited Partnership raised its position in OppFi by 208.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock valued at $1,632,000 after acquiring an additional 142,971 shares in the last quarter. Globeflex Capital L P bought a new position in OppFi during the second quarter valued at approximately $3,240,000. Dimensional Fund Advisors LP lifted its stake in OppFi by 50.0% in the first quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock valued at $3,285,000 after acquiring an additional 141,949 shares during the last quarter. Finally, PL Capital Advisors LLC acquired a new stake in OppFi in the second quarter valued at approximately $2,979,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

About OppFi

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.