Wellington Management Group LLP Boosts Position in OppFi Inc. $OPFI

Wellington Management Group LLP raised its holdings in shares of OppFi Inc. (NYSE:OPFI) by 14.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,019,250 shares of the company’s stock after acquiring an additional 389,082 shares during the period. Wellington Management Group LLP’s holdings in OppFi were worth $29,981,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Great Valley Advisor Group Inc. increased its stake in shares of OppFi by 6.1% in the second quarter. Great Valley Advisor Group Inc. now owns 24,895 shares of the company’s stock worth $348,000 after acquiring an additional 1,423 shares during the period. Quantbot Technologies LP lifted its position in OppFi by 20.8% during the second quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock valued at $121,000 after purchasing an additional 1,494 shares during the period. Zacks Investment Management lifted its position in OppFi by 5.2% during the third quarter. Zacks Investment Management now owns 40,585 shares of the company’s stock valued at $460,000 after purchasing an additional 2,000 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in OppFi by 17.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,282 shares of the company’s stock valued at $186,000 after purchasing an additional 2,013 shares during the last quarter. Finally, R Squared Ltd boosted its holdings in OppFi by 10.5% in the first quarter. R Squared Ltd now owns 21,684 shares of the company’s stock valued at $167,000 after purchasing an additional 2,053 shares during the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

OppFi Stock Performance

Shares of OppFi stock opened at $7.42 on Friday. The firm has a 50-day simple moving average of $8.57 and a two-hundred day simple moving average of $8.58. The company has a market cap of $632.26 million, a P/E ratio of 3.93 and a beta of 1.76. OppFi Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $12.45.

OppFi (NYSE:OPFI) last posted its earnings results 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 for the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Equities research analysts forecast that OppFi Inc. will post 1.4 EPS for the current year.

Analysts Set New Price Targets

OPFI has been the subject of a number of recent research reports. Citizens Jmp reiterated a “market outperform” rating and set a $11.00 price objective on shares of OppFi in a research note on Wednesday, August 26th. UBS Group set a $11.00 target price on OppFi in a research note on Wednesday, August 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Piper Sandler downgraded OppFi to a “neutral” rating in a report on Wednesday, August 26th. Finally, Citigroup restated a “market outperform” rating on shares of OppFi in a research report on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, OppFi currently has a consensus rating of “Hold” and an average target price of $10.50.

Insiders Place Their Bets

In other news, Director Christina M. Favilla sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $8.14, for a total value of $244,200.00. Following the completion of the sale, the director directly owned 156,737 shares in the company, valued at $1,275,839.18. The trade was a 16.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director David Vennettilli sold 28,485 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $7.16, for a total value of $203,952.60. Following the transaction, the director directly owned 154,434 shares of the company’s stock, valued at approximately $1,105,747.44. The trade was a 15.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have purchased 111,625 shares of company stock worth $792,089 and have sold 136,335 shares worth $1,007,116. 70.20% of the stock is owned by corporate insiders.

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.