OppFi (NYSE:OPFI) CEO Todd Schwartz Buys 3,550 Shares of Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz bought 3,550 shares of OppFi stock in a transaction on Monday, August 31st. The shares were purchased at an average cost of $6.93 per share, with a total value of $24,601.50. Following the completion of the purchase, the chief executive officer directly owned 612,333 shares in the company, valued at $4,243,467.69. This trade represents a 0.58% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

OppFi Trading Down 0.6%

Shares of NYSE:OPFI opened at $6.89 on Wednesday. The firm’s 50 day moving average is $8.67 and its two-hundred day moving average is $8.61. The firm has a market capitalization of $587.10 million, a P/E ratio of 3.65 and a beta of 1.76. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45.

OppFi (NYSE:OPFI) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.11). OppFi had a return on equity of 30.89% and a net margin of 16.64%.The business had revenue of $86.17 million during the quarter, compared to the consensus estimate of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Analysts predict that OppFi Inc. will post 1.4 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on OPFI shares. UBS Group set a $11.00 price objective on shares of OppFi in a research note on Wednesday, August 26th. Piper Sandler lowered shares of OppFi to a “neutral” rating in a research report on Wednesday, August 26th. Stephens lowered their target price on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research note on Tuesday, August 11th. Wall Street Zen downgraded shares of OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and issued a $11.00 price target on shares of OppFi in a research note on Wednesday, August 26th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $10.50.

Institutional Investors Weigh In On OppFi

A number of institutional investors and hedge funds have recently bought and sold shares of OPFI. Arrowstreet Capital Limited Partnership grew its position in OppFi by 208.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock worth $1,632,000 after buying an additional 142,971 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of OppFi by 50.0% in the first quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock valued at $3,285,000 after purchasing an additional 141,949 shares in the last quarter. Kestra Advisory Services LLC boosted its position in shares of OppFi by 53.0% in the first quarter. Kestra Advisory Services LLC now owns 176,047 shares of the company’s stock worth $1,357,000 after buying an additional 61,013 shares during the period. Globeflex Capital L P purchased a new position in shares of OppFi during the second quarter valued at $3,240,000. Finally, PL Capital Advisors LLC purchased a new position in shares of OppFi during the second quarter valued at $2,979,000. 7.10% of the stock is owned by institutional investors and hedge funds.

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.