Todd Schwartz Buys 3,300 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,300 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was acquired at an average price of $7.96 per share, for a total transaction of $26,268.00. Following the purchase, the chief executive officer directly owned 639,958 shares of the company’s stock, valued at approximately $5,094,065.68. This trade represents a 0.52% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

OppFi Price Performance

OPFI opened at $7.04 on Thursday. OppFi Inc. has a 1 year low of $6.50 and a 1 year high of $12.45. The firm has a fifty day moving average price of $8.21 and a 200 day moving average price of $8.48. The stock has a market cap of $599.62 million, a P/E ratio of 3.72 and a beta of 1.76.

OppFi (NYSE:OPFI) last issued 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 net margin of 16.64% and a return on equity of 30.89%. The business had revenue of $86.17 million during the quarter, compared to analyst estimates of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Equities analysts expect that OppFi Inc. will post 1.4 EPS for the current year.

Institutional Trading of OppFi

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its stake in OppFi by 14.8% in the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock valued at $29,981,000 after buying an additional 389,082 shares during the last quarter. Globeflex Capital L P purchased a new stake in OppFi in the 2nd quarter valued at $3,240,000. PL Capital Advisors LLC acquired a new stake in OppFi during the 2nd quarter worth $2,979,000. Arrowstreet Capital Limited Partnership boosted its stake in OppFi by 208.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock worth $1,632,000 after purchasing an additional 142,971 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in OppFi by 50.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock worth $3,285,000 after purchasing an additional 141,949 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Wall Street Zen downgraded OppFi from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Stephens cut 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. UBS Group set a $11.00 price target on shares of OppFi in a research note on Wednesday, August 26th. Piper Sandler downgraded shares of OppFi to a “neutral” rating in a research report on Wednesday, August 26th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $11.00 price objective on shares of OppFi in a research report on Wednesday, August 26th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $10.50.

About OppFi

OppFi Inc (NYSE: OPFI) is a financial technology company that provides access to credit for consumers who may have limited or impaired credit histories. Through its OppLoans platform, the company offers unsecured personal installment loans designed to help customers manage expenses, consolidate debt, or address other short-term financial needs.

OppFi uses technology, data analysis, and automated underwriting to evaluate applicants and facilitate loan applications through digital channels.