OppFi (NYSE:OPFI) CEO Purchases $25,749.75 in Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,475 shares of OppFi stock in a transaction that occurred on Tuesday, September 8th. The shares were bought at an average price of $7.41 per share, with a total value of $25,749.75. Following the transaction, the chief executive officer owned 629,858 shares in the company, valued at approximately $4,667,247.78. The trade was a 0.55% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

OppFi Trading Up 4.5%

OPFI stock opened at $7.93 on Friday. OppFi Inc. has a 12-month low of $6.50 and a 12-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 business’s 50-day moving average is $8.34 and its 200 day moving average is $8.53.

OppFi (NYSE:OPFI) last announced its 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 firm had revenue of $86.17 million for the quarter, compared to analyst estimates 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 analysts forecast that OppFi Inc. will post 1.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

OPFI has been the topic of a number of research reports. Wall Street Zen lowered OppFi from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Piper Sandler cut shares of OppFi to a “neutral” rating in a research report on Wednesday, August 26th. Citigroup reissued a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Zacks Research lowered shares of OppFi from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. Finally, UBS Group set a $11.00 price objective on shares of OppFi in a research note on Wednesday, August 26th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $10.50.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of OPFI. Wellington Management Group LLP increased its stake in OppFi by 193.3% during the fourth quarter. Wellington Management Group LLP now owns 2,474,102 shares of the company’s stock worth $25,879,000 after acquiring an additional 1,630,450 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of OppFi by 163.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company’s stock valued at $8,840,000 after purchasing an additional 483,859 shares during the last quarter. Globeflex Capital L P acquired a new position in shares of OppFi in the 2nd quarter valued at $3,240,000. PL Capital Advisors LLC purchased a new position in shares of OppFi during the 2nd quarter worth $2,979,000. Finally, Jump Financial LLC purchased a new position in shares of OppFi during the 3rd quarter worth $3,056,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

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.