Todd Schwartz Acquires 3,475 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz bought 3,475 shares of OppFi stock in a transaction dated Monday, August 24th. The shares were bought at an average cost of $7.15 per share, with a total value of $24,846.25. Following the completion of the transaction, the chief executive officer directly owned 598,233 shares in the company, valued at approximately $4,277,365.95. This trade represents a 0.58% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

OppFi Price Performance

Shares of NYSE OPFI opened at $7.09 on Thursday. OppFi Inc. has a one year low of $6.50 and a one year high of $12.45. The business’s fifty day moving average price is $8.79 and its 200-day moving average price is $8.67. The stock has a market capitalization of $604.14 million, a PE ratio of 3.75 and a beta of 1.77.

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 business had revenue of $86.17 million during the quarter, compared to the consensus estimate 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. As a group, equities analysts expect that OppFi Inc. will post 1.4 EPS for the current fiscal year.

Institutional Investors Weigh In On OppFi

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

Wall Street Analysts Forecast Growth

OPFI has been the topic of several analyst reports. Stephens decreased their price target on OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research report on Tuesday, August 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Wall Street Zen cut OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Zacks Research cut OppFi from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, Citigroup reissued a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, OppFi presently has a consensus rating of “Hold” and a consensus target price of $10.50.

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.