OppFi (NYSE:OPFI) CEO Todd Schwartz Purchases 3,450 Shares of Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,450 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was purchased at an average price of $7.13 per share, with a total value of $24,598.50. Following the completion of the transaction, the chief executive officer directly owned 587,733 shares of the company’s stock, valued at $4,190,536.29. This trade represents a 0.59% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

OppFi Price Performance

NYSE OPFI opened at $7.00 on Friday. The company’s 50 day simple moving average is $8.87 and its two-hundred day simple moving average is $8.72. The stock has a market capitalization of $596.47 million, a PE ratio of 3.70 and a beta of 1.77. OppFi Inc. has a 1 year low of $6.50 and a 1 year high of $12.45.

OppFi (NYSE:OPFI) last posted its quarterly earnings data 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 net margin of 16.64% and a return on equity of 30.89%. The business had revenue of $86.17 million for the quarter, compared to the consensus estimate of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, research analysts anticipate that OppFi Inc. will post 1.4 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on OPFI. Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Citizens Jmp reduced their target price on shares of OppFi from $15.00 to $11.00 and set a “market outperform” rating on the stock in a report on Tuesday, August 11th. Stephens lowered their price target on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a research note on Tuesday, August 11th. Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Finally, Wall Street Zen cut OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, OppFi has a consensus rating of “Hold” and an average price target of $10.25.

Institutional Investors Weigh In On OppFi

A number of large investors have recently modified their holdings of the stock. Quarry LP raised its stake in OppFi by 669.2% in the third quarter. Quarry LP now owns 3,492 shares of the company’s stock worth $40,000 after buying an additional 3,038 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of OppFi by 217.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock worth $65,000 after acquiring an additional 3,207 shares during the period. Moran Wealth Management LLC bought a new position in shares of OppFi in the 1st quarter worth approximately $84,000. Lazard Asset Management LLC purchased a new position in shares of OppFi in the 1st quarter valued at approximately $91,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of OppFi during the fourth quarter valued at approximately $95,000. Institutional investors own 7.10% of the company’s stock.

About OppFi

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.