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

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,450 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was bought at an average price of $7.13 per share, with a total value of $24,598.50. Following the transaction, the chief executive officer directly owned 587,733 shares in the company, valued at $4,190,536.29. This trade represents a 0.59% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

OppFi Trading Down 2.2%

Shares of OPFI opened at $7.00 on Friday. The business’s 50-day moving average price is $8.87 and its 200 day moving average price is $8.72. The stock has a market capitalization of $596.47 million, a P/E ratio of 3.70 and a beta of 1.77. OppFi Inc. has a 1-year low of $6.50 and a 1-year high of $12.45.

OppFi (NYSE:OPFI) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.11). OppFi had a net margin of 16.64% and a return on equity of 30.89%. The firm had revenue of $86.17 million for 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, research analysts predict that OppFi Inc. will post 1.4 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on OPFI. Zacks Research downgraded shares of OppFi from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. 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. Citigroup restated a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Finally, Citizens Jmp lowered their price target on OppFi from $15.00 to $11.00 and set a “market outperform” rating on the stock in a report on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $10.25.

Institutional Trading of OppFi

Several hedge funds and other institutional investors have recently modified their holdings of the company. Wellington Management Group LLP boosted its position in OppFi by 14.8% during the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock valued at $29,981,000 after purchasing an additional 389,082 shares during the last quarter. Vanguard Group Inc. increased its position in 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 purchasing an additional 100,320 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of OppFi by 163.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company’s stock worth $8,840,000 after purchasing an additional 483,859 shares in the last quarter. Nuveen LLC raised its stake in shares of OppFi by 53.8% during the 4th 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 holdings in shares of OppFi by 14.3% during the 3rd quarter. Two Sigma Investments LP now owns 646,099 shares of the company’s stock valued at $7,320,000 after buying an additional 80,804 shares during the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

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.