OppFi (NYSE:OPFI) Director David Vennettilli Sells 28,485 Shares

OppFi Inc. (NYSE:OPFI) Director David Vennettilli sold 28,485 shares of OppFi stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $7.16, for a total value of $203,952.60. Following the sale, the director directly owned 154,434 shares in the company, valued at approximately $1,105,747.44. This trade represents a 15.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

OppFi Price Performance

Shares of OppFi stock traded down $0.16 during trading on Friday, hitting $7.00. The company’s stock had a trading volume of 712,621 shares, compared to its average volume of 656,223. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45. The stock has a 50-day moving average price of $8.90 and a two-hundred day moving average price of $8.73. The stock has a market cap of $596.46 million, a price-to-earnings ratio of 3.70 and a beta of 1.77.

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

Analyst Ratings Changes

OPFI has been the subject of several analyst reports. Citizens Jmp cut their price target on shares of OppFi from $15.00 to $11.00 and set a “market outperform” rating for the company in a report on Tuesday, August 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Wall Street Zen lowered OppFi from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Stephens reduced their price target on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research report on Tuesday, August 11th. 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 and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $10.25.

Hedge Funds Weigh In On OppFi

A number of hedge funds have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership lifted its holdings in shares of OppFi by 208.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock valued at $1,632,000 after acquiring an additional 142,971 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in OppFi by 50.0% in the first 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 in the last quarter. Kestra Advisory Services LLC raised its stake in OppFi by 53.0% in the first quarter. Kestra Advisory Services LLC now owns 176,047 shares of the company’s stock valued at $1,357,000 after purchasing an additional 61,013 shares in the last quarter. State of Wyoming raised its position in OppFi by 7.9% in the first quarter. State of Wyoming now owns 42,739 shares of the company’s stock valued at $330,000 after purchasing an additional 3,139 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in shares of OppFi by 11.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 63,304 shares of the company’s stock worth $480,000 after acquiring an additional 6,431 shares in the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

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.