Todd Schwartz Acquires 1,940 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 1,940 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were acquired at an average cost of $7.80 per share, with a total value of $15,132.00. Following the completion of the purchase, the chief executive officer directly owned 641,898 shares in the company, valued at $5,006,804.40. The trade was a 0.30% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

OppFi Stock Down 2.5%

Shares of OppFi stock opened at $7.04 on Thursday. The stock’s fifty day moving average is $8.21 and its two-hundred day moving average is $8.48. The company has a market capitalization of $599.62 million, a PE ratio of 3.72 and a beta of 1.76. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45.

OppFi (NYSE:OPFI) last released its earnings results on Monday, August 10th. The company reported $0.33 earnings per share 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. As a group, research analysts anticipate that OppFi Inc. will post 1.4 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on OPFI. Citizens Jmp reiterated a “market outperform” rating and set a $11.00 price objective on shares of OppFi in a report on Wednesday, August 26th. Citigroup restated a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. UBS Group set a $11.00 target price on shares of OppFi in a research report on Wednesday, August 26th. Zacks Research downgraded shares of OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. 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 company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $10.50.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OPFI. Wellington Management Group LLP raised its holdings in shares of OppFi by 14.8% in the 2nd 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 in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of OppFi by 208.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock valued at $1,632,000 after purchasing an additional 142,971 shares in the last quarter. Globeflex Capital L P bought a new position in shares of OppFi during the second quarter valued at approximately $3,240,000. Dimensional Fund Advisors LP increased its holdings in OppFi by 50.0% during the first quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock valued at $3,285,000 after buying an additional 141,949 shares during the period. Finally, PL Capital Advisors LLC purchased a new position in OppFi during the second quarter valued at approximately $2,979,000. 7.10% of the stock is currently owned by institutional investors.

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.