25,392 Shares in OppFi Inc. (NYSE:OPFI) Acquired by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft purchased a new stake in OppFi Inc. (NYSE:OPFI) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,392 shares of the company’s stock, valued at approximately $195,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Marshall Wace LLP raised its position in shares of OppFi by 24.2% during the second quarter. Marshall Wace LLP now owns 171,318 shares of the company’s stock worth $581,000 after purchasing an additional 33,347 shares during the period. Brendel Financial Advisors LLC acquired a new stake in shares of OppFi during the third quarter valued at approximately $105,000. Los Angeles Capital Management LLC acquired a new stake in shares of OppFi during the third quarter valued at approximately $355,000. Segall Bryant & Hamill LLC purchased a new stake in shares of OppFi in the 3rd quarter valued at approximately $2,457,000. Finally, Quadrature Capital Ltd acquired a new position in OppFi in the 3rd quarter worth approximately $60,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

Insider Transactions at OppFi

In other news, Director Jocelyn Moore sold 23,149 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $6.70, for a total transaction of $155,098.30. Following the transaction, the director now owns 99,072 shares in the company, valued at $663,782.40. This represents a 18.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David Vennettilli sold 22,301 shares of OppFi stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $7.68, for a total transaction of $171,271.68. Following the completion of the sale, the director now directly owns 121,524 shares of the company’s stock, valued at approximately $933,304.32. The trade was a 15.51 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 145,450 shares of company stock valued at $971,370. 84.00% of the stock is owned by insiders.

OppFi Price Performance

NYSE:OPFI opened at $13.72 on Friday. The stock has a market cap of $1.18 billion, a PE ratio of 85.78 and a beta of 1.45. OppFi Inc. has a fifty-two week low of $2.35 and a fifty-two week high of $14.85. The stock’s 50-day moving average is $8.97 and its two-hundred day moving average is $6.26.

OppFi (NYSE:OPFI) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.12. OppFi had a net margin of 1.40% and a return on equity of 35.04%. The firm had revenue of $136.59 million for the quarter, compared to the consensus estimate of $128.94 million. During the same period in the previous year, the firm posted $0.16 earnings per share. On average, equities research analysts anticipate that OppFi Inc. will post 0.86 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Northland Securities increased their target price on OppFi from $8.00 to $10.00 and gave the company an “outperform” rating in a report on Friday, December 13th.

OppFi Profile

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.