Insider Buying: OppFi (NYSE:OPFI) CEO Buys $25,060.00 in Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,500 shares of the stock in a transaction on Wednesday, August 19th. The shares were purchased at an average cost of $7.16 per share, with a total value of $25,060.00. Following the transaction, the chief executive officer owned 584,283 shares in the company, valued at $4,183,466.28. This trade represents a 0.60% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

OppFi Stock Performance

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

OppFi (NYSE:OPFI) last announced 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 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. As a group, analysts predict that OppFi Inc. will post 1.4 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Wellington Management Group LLP grew its stake in shares of OppFi by 193.3% during the 4th quarter. Wellington Management Group LLP now owns 2,474,102 shares of the company’s stock worth $25,879,000 after purchasing an additional 1,630,450 shares during the period. JPMorgan Chase & Co. boosted its holdings in OppFi by 163.2% during the third quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company’s stock worth $8,840,000 after buying an additional 483,859 shares in the last quarter. Globeflex Capital L P purchased a new stake in OppFi during the second quarter worth $3,240,000. PL Capital Advisors LLC acquired a new stake in OppFi during the second quarter valued at $2,979,000. Finally, Jump Financial LLC acquired a new stake in OppFi during the third quarter valued at $3,056,000. 7.10% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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.