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

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

OppFi Trading Down 2.2%

Shares of OPFI stock opened at $7.00 on Friday. The stock has a 50 day moving average of $8.87 and a two-hundred day moving average of $8.72. OppFi Inc. has a 12 month low of $6.50 and a 12 month high of $12.45. The company has a market capitalization of $596.47 million, a P/E ratio of 3.70 and a beta of 1.77.

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

Hedge Funds Weigh In On OppFi

Hedge funds and other institutional investors have recently modified their holdings of the stock. Quarry LP grew its position in OppFi by 669.2% in the third quarter. Quarry LP now owns 3,492 shares of the company’s stock valued at $40,000 after acquiring an additional 3,038 shares during the period. Russell Investments Group Ltd. raised its stake in OppFi by 217.6% during the second quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock worth $65,000 after acquiring an additional 3,207 shares in the last quarter. Moran Wealth Management LLC bought a new position in shares of OppFi during the first quarter valued at $84,000. Lazard Asset Management LLC bought a new position in shares of OppFi during the first quarter valued at $91,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of OppFi in the 4th quarter valued at $95,000. Institutional investors own 7.10% of the company’s stock.

Wall Street Analysts Forecast Growth

OPFI has been the topic of a number of recent research reports. Citizens Jmp decreased their price target on shares of OppFi from $15.00 to $11.00 and set a “market outperform” rating on the stock in a research note on Tuesday, August 11th. Zacks Research cut shares of OppFi from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Stephens decreased 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 report on Tuesday, August 11th. Finally, Wall Street Zen cut shares of OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $10.25.

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.