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

OppFi Inc. (NYSE:OPFIGet Free Report) CEO Todd Schwartz bought 3,500 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were bought at an average price of $7.19 per share, for a total transaction of $25,165.00. Following the completion of the transaction, the chief executive officer directly owned 601,733 shares of the company’s stock, valued at $4,326,460.27. This represents a 0.59% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

OppFi Stock Up 0.7%

NYSE:OPFI traded up $0.05 during mid-day trading on Thursday, hitting $7.15. 508,946 shares of the company traded hands, compared to its average volume of 657,193. The stock’s fifty day moving average price is $8.79 and its 200-day moving average price is $8.67. The firm has a market cap of $609.49 million, a price-to-earnings ratio of 3.78 and a beta of 1.77. OppFi Inc. has a one year low of $6.50 and a one year high of $12.45.

OppFi (NYSE:OPFIGet Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.33 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 company 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. Equities analysts predict that OppFi Inc. will post 1.4 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on OPFI. Piper Sandler lowered shares of OppFi to a “neutral” rating in a research report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Wall Street Zen lowered OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Zacks Research cut OppFi from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, Citigroup restated a “market outperform” rating on shares of OppFi in a research report on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $10.50.

Check Out Our Latest Stock Analysis on OPFI

Hedge Funds Weigh In On OppFi

Hedge funds have recently modified their holdings of the stock. Great Valley Advisor Group Inc. raised its holdings in shares of OppFi by 6.1% during the 2nd 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 in the last quarter. Quantbot Technologies LP increased its position in OppFi by 20.8% in the second quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock worth $121,000 after purchasing an additional 1,494 shares during the last quarter. Zacks Investment Management increased its position in OppFi by 5.2% in the third quarter. Zacks Investment Management now owns 40,585 shares of the company’s stock worth $460,000 after purchasing an additional 2,000 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in OppFi by 17.9% during 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 in the last quarter. Finally, R Squared Ltd increased its holdings in shares of OppFi by 10.5% in the 1st quarter. R Squared Ltd now owns 21,684 shares of the company’s stock worth $167,000 after buying an additional 2,053 shares during the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

OppFi Company Profile

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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.

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