OppFi (NYSE:OPFI) CEO Buys 3,450 Shares of Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,450 shares of OppFi stock in a transaction dated Wednesday, September 9th. The stock was acquired at an average price of $7.59 per share, for a total transaction of $26,185.50. Following the completion of the transaction, the chief executive officer owned 633,308 shares in the company, valued at approximately $4,806,807.72. The trade was a 0.55% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

OppFi Price Performance

Shares of NYSE:OPFI traded up $0.08 during trading on Thursday, reaching $7.61. 1,093,844 shares of the company’s stock traded hands, compared to its average volume of 666,837. OppFi Inc. has a 12 month low of $6.50 and a 12 month high of $12.45. The company has a 50 day moving average of $8.43 and a 200-day moving average of $8.54. The stock has a market capitalization of $648.11 million, a P/E ratio of 4.02 and a beta of 1.76.

OppFi (NYSE:OPFI) last issued its earnings results 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 the consensus estimate of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Equities research analysts predict that OppFi Inc. will post 1.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

OPFI has been the subject of a number of analyst reports. Stephens reduced their price objective on OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a research report on Tuesday, August 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Citigroup reiterated a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. UBS Group set a $11.00 price objective on shares of OppFi in a report on Wednesday, August 26th. Finally, Piper Sandler lowered shares of OppFi to a “neutral” rating in a research note on Wednesday, August 26th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $10.50.

Institutional Investors Weigh In On OppFi

A number of hedge funds and other institutional investors have recently modified their holdings of OPFI. Wellington Management Group LLP lifted its holdings in OppFi by 14.8% in the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock worth $29,981,000 after purchasing an additional 389,082 shares during the period. Vanguard Group Inc. lifted its stake in shares of OppFi by 6.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,583,772 shares of the company’s stock worth $17,944,000 after acquiring an additional 100,320 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of OppFi by 163.2% in the third quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company’s stock valued at $8,840,000 after acquiring an additional 483,859 shares in the last quarter. Nuveen LLC raised its holdings in OppFi by 53.8% during the fourth quarter. Nuveen LLC now owns 754,039 shares of the company’s stock worth $7,887,000 after purchasing an additional 263,744 shares in the last quarter. Finally, Two Sigma Investments LP lifted its position in OppFi by 14.3% in the third quarter. Two Sigma Investments LP now owns 646,099 shares of the company’s stock worth $7,320,000 after purchasing an additional 80,804 shares during the period. 7.10% of the stock is currently owned by 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.