OppFi (NYSE:OPFI) Director Jocelyn Moore Sells 8,190 Shares of Stock

OppFi Inc. (NYSE:OPFI) Director Jocelyn Moore sold 8,190 shares of OppFi stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $8.53, for a total transaction of $69,860.70. Following the completion of the transaction, the director owned 39,076 shares in the company, valued at approximately $333,318.28. The trade was a 17.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

OppFi Stock Up 0.3%

OppFi stock opened at $8.31 on Tuesday. The firm has a fifty day simple moving average of $9.39 and a two-hundred day simple moving average of $10.04. OppFi Inc. has a twelve month low of $7.54 and a twelve month high of $15.03. The company has a market capitalization of $717.22 million, a PE ratio of -75.50 and a beta of 1.73.

OppFi (NYSE:OPFI) last announced its quarterly earnings data on Wednesday, March 11th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.02. The firm had revenue of $85.57 million for the quarter, compared to analysts’ expectations of $159.80 million. OppFi had a return on equity of 45.42% and a net margin of 4.41%.OppFi has set its FY 2026 guidance at 1.760-1.840 EPS. As a group, equities analysts expect that OppFi Inc. will post 0.86 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in OPFI. Goldman Sachs Group Inc. raised its holdings in OppFi by 191.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 189,961 shares of the company’s stock worth $1,767,000 after purchasing an additional 124,744 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of OppFi by 23.3% during the 1st quarter. Rhumbline Advisers now owns 19,362 shares of the company’s stock valued at $180,000 after purchasing an additional 3,662 shares in the last quarter. Geode Capital Management LLC increased its position in shares of OppFi by 25.7% during the second quarter. Geode Capital Management LLC now owns 536,668 shares of the company’s stock valued at $7,509,000 after buying an additional 109,771 shares during the period. Police & Firemen s Retirement System of New Jersey increased its position in shares of OppFi by 56.7% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 5,384 shares of the company’s stock valued at $75,000 after buying an additional 1,948 shares during the period. Finally, Creative Planning bought a new position in OppFi in the second quarter worth about $188,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

OPFI has been the subject of a number of analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of OppFi in a research note on Monday, December 29th. Zacks Research downgraded shares of OppFi from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $14.00.

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.