Todd Schwartz Acquires 3,500 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,500 shares of OppFi stock in a transaction dated Friday, September 4th. The stock was bought at an average price of $7.35 per share, for a total transaction of $25,725.00. Following the completion of the purchase, the chief executive officer owned 626,383 shares in the company, valued at $4,603,915.05. This represents a 0.56% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

OppFi Price Performance

OPFI stock opened at $7.55 on Thursday. The company has a 50 day simple moving average of $8.43 and a 200 day simple moving average of $8.54. The stock has a market cap of $643.68 million, a price-to-earnings ratio of 4.00 and a beta of 1.76. OppFi Inc. has a 1 year low of $6.50 and a 1 year high of $12.45.

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

Institutional Investors Weigh In On OppFi

Institutional investors have recently made changes to their positions in the stock. Quarry LP increased its stake in shares of OppFi by 669.2% in the third quarter. Quarry LP now owns 3,492 shares of the company’s stock valued at $40,000 after buying an additional 3,038 shares during the period. Russell Investments Group Ltd. boosted its holdings in OppFi by 217.6% in the second quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock valued at $65,000 after acquiring an additional 3,207 shares during the last quarter. Moran Wealth Management LLC bought a new stake in OppFi in the first quarter valued at approximately $84,000. Lazard Asset Management LLC acquired a new stake in OppFi during the 1st quarter valued at approximately $91,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in OppFi during the 4th quarter valued at approximately $95,000. Institutional investors own 7.10% of the company’s stock.

Wall Street Analysts Forecast Growth

OPFI has been the subject of a number of recent research reports. Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Wall Street Zen cut OppFi from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $11.00 price objective on shares of OppFi in a research note on Wednesday, August 26th. UBS Group set a $11.00 price objective on shares of OppFi in a report on Wednesday, August 26th. Finally, Zacks Research downgraded shares of OppFi from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, OppFi presently has a consensus rating of “Hold” and a consensus price target of $10.50.

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.