OppFi (NYSE:OPFI) CEO Todd Schwartz Buys 3,500 Shares

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,500 shares of the stock in a transaction dated Friday, September 4th. The shares were acquired at an average cost of $7.35 per share, with a total value of $25,725.00. Following the acquisition, the chief executive officer directly owned 626,383 shares in the company, valued at $4,603,915.05. This represents a 0.56% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

OppFi Stock Down 0.1%

Shares of OPFI stock opened at $7.42 on Wednesday. The business has a fifty day simple moving average of $8.48 and a 200 day simple moving average of $8.55. The company has a market cap of $631.82 million, a P/E ratio of 3.92 and a beta of 1.76. OppFi Inc. has a twelve month low of $6.50 and a twelve month high of $12.45.

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 the consensus estimate 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. As a group, equities research analysts anticipate that OppFi Inc. will post 1.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on OPFI shares. Wall Street Zen cut shares of OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Zacks Research cut shares of OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. UBS Group set a $11.00 target price on shares of OppFi in a research note on Wednesday, August 26th. Citizens Jmp reissued a “market outperform” rating and set a $11.00 price objective on shares of OppFi in a report on Wednesday, August 26th. Finally, Stephens reduced their price objective on OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research report on Tuesday, August 11th. Two research 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. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $10.50.

Institutional Investors Weigh In On OppFi

Hedge funds have recently added to or reduced their stakes in the business. Quarry LP grew its holdings in 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 during the last quarter. Russell Investments Group Ltd. lifted 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 period. Moran Wealth Management LLC acquired a new position in shares of OppFi during the first quarter worth $84,000. Lazard Asset Management LLC bought a new stake in shares of OppFi in the first quarter worth $91,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of OppFi in the fourth quarter worth $95,000. 7.10% of the stock is currently owned by institutional investors and hedge funds.

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.