OppFi (NYSE:OPFI) CEO Todd Schwartz Purchases 3,300 Shares

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,300 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was purchased at an average price of $7.96 per share, with a total value of $26,268.00. Following the completion of the transaction, the chief executive officer directly owned 639,958 shares of the company’s stock, valued at $5,094,065.68. This trade represents a 0.52% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

OppFi Trading Down 7.6%

OppFi stock opened at $7.19 on Wednesday. The firm’s 50 day simple moving average is $8.25 and its 200 day simple moving average is $8.50. The firm has a market capitalization of $612.32 million, a PE ratio of 3.80 and a beta of 1.76. OppFi Inc. has a 1-year low of $6.50 and a 1-year high of $12.45.

OppFi (NYSE:OPFI) last posted its earnings results on Monday, August 10th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.11). OppFi had a return on equity of 30.89% and a net margin of 16.64%.The firm had revenue of $86.17 million during the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Research analysts forecast that OppFi Inc. will post 1.4 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on OPFI. UBS Group set a $11.00 price objective on OppFi in a research report on Wednesday, August 26th. Wall Street Zen cut OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Citigroup restated a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $11.00 price target on shares of OppFi in a report on Wednesday, August 26th. Finally, Stephens lowered their price target on OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a report on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $10.50.

Hedge Funds Weigh In On OppFi

A number of large investors have recently modified their holdings of OPFI. AXQ Capital LP bought a new stake in OppFi in the 2nd quarter worth approximately $426,000. PL Capital Advisors LLC bought a new position in OppFi during the second quarter valued at approximately $2,979,000. Wellington Management Group LLP grew its position in OppFi by 14.8% during the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock valued at $29,981,000 after acquiring an additional 389,082 shares during the last quarter. Globeflex Capital L P purchased a new position in shares of OppFi during the second quarter worth approximately $3,240,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of OppFi during the second quarter worth approximately $891,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

About OppFi

OppFi Inc (NYSE: OPFI) is a financial technology company that provides access to credit for consumers who may have limited or impaired credit histories. Through its OppLoans platform, the company offers unsecured personal installment loans designed to help customers manage expenses, consolidate debt, or address other short-term financial needs.

OppFi uses technology, data analysis, and automated underwriting to evaluate applicants and facilitate loan applications through digital channels.