OppFi Inc. (NYSE:OPFI – Get 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:OPFI – Get 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
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
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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