Brokerages Set OppFi Inc. (NYSE:OPFI) PT at $13.63

Shares of OppFi Inc. (NYSE:OPFI) have received an average rating of “Hold” from the five brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $13.6250.

Several equities research analysts have recently issued reports on OPFI shares. Weiss Ratings reissued a “sell (d+)” rating on shares of OppFi in a research note on Monday, December 29th. Zacks Research downgraded OppFi from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th.

OppFi Stock Performance

Shares of NYSE OPFI opened at $8.94 on Friday. The company has a market capitalization of $771.63 million, a PE ratio of -11.91 and a beta of 1.71. The company’s fifty day moving average price is $10.13 and its 200 day moving average price is $10.23. OppFi has a 1 year low of $7.54 and a 1 year high of $15.03.

Insider Transactions at OppFi

In other OppFi news, Director Jocelyn Moore sold 4,464 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $10.91, for a total transaction of $48,702.24. Following the completion of the transaction, the director directly owned 47,266 shares in the company, valued at approximately $515,672.06. This represents a 8.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 72.00% of the company’s stock.

Institutional Investors Weigh In On OppFi

Large investors have recently modified their holdings of the business. AlphaQuest LLC grew its stake in shares of OppFi by 9.8% in the 2nd quarter. AlphaQuest LLC now owns 11,225 shares of the company’s stock valued at $157,000 after buying an additional 1,004 shares during the period. Great Valley Advisor Group Inc. grew its position in OppFi by 6.1% in the second quarter. Great Valley Advisor Group Inc. now owns 24,895 shares of the company’s stock worth $348,000 after acquiring an additional 1,423 shares during the period. Quantbot Technologies LP increased its stake in OppFi by 20.8% during the second quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock worth $121,000 after acquiring an additional 1,494 shares during the last quarter. Intech Investment Management LLC raised its position in OppFi by 15.1% in the second quarter. Intech Investment Management LLC now owns 13,157 shares of the company’s stock valued at $184,000 after purchasing an additional 1,731 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey lifted its stake in shares of OppFi by 56.7% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 5,384 shares of the company’s stock valued at $75,000 after purchasing an additional 1,948 shares during the last quarter. 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.