Todd Schwartz Acquires 3,500 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz bought 3,500 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were acquired at an average cost of $7.15 per share, for a total transaction of $25,025.00. Following the completion of the acquisition, the chief executive officer directly owned 608,783 shares in the company, valued at $4,352,798.45. The trade was a 0.58% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

OppFi Price Performance

Shares of OppFi stock opened at $6.89 on Wednesday. The business has a fifty day simple moving average of $8.67 and a two-hundred day simple moving average of $8.61. OppFi Inc. has a 1 year low of $6.50 and a 1 year high of $12.45. The company has a market capitalization of $587.10 million, a price-to-earnings ratio of 3.65 and a beta of 1.76.

OppFi (NYSE:OPFI) last released 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). The company had revenue of $86.17 million during the quarter, compared to analyst estimates of $155.89 million. OppFi had a net margin of 16.64% and a return on equity of 30.89%. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, equities analysts anticipate that OppFi Inc. will post 1.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on OPFI. Weiss Ratings reiterated a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Piper Sandler downgraded OppFi to a “neutral” rating in a research report on Wednesday, August 26th. Citizens Jmp reiterated a “market outperform” rating and set a $11.00 target price on shares of OppFi in a research note on Wednesday, August 26th. Stephens reduced their price target on OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a research note on Tuesday, August 11th. Finally, Citigroup reiterated 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, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $10.50.

Institutional Investors Weigh In On OppFi

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP grew 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 worth $29,981,000 after buying an additional 389,082 shares in the last quarter. Vanguard Group Inc. raised its holdings in OppFi by 6.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,583,772 shares of the company’s stock valued at $17,944,000 after acquiring an additional 100,320 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of OppFi by 163.2% during the 3rd 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 during the period. Nuveen LLC lifted its position in shares of OppFi by 53.8% during the 4th quarter. Nuveen LLC now owns 754,039 shares of the company’s stock valued at $7,887,000 after acquiring an additional 263,744 shares during the period. Finally, Two Sigma Investments LP grew 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 worth $7,320,000 after purchasing an additional 80,804 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

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.