OppFi (NYSE:OPFI) CEO Buys $15,132.00 in Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz bought 1,940 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were bought at an average cost of $7.80 per share, with a total value of $15,132.00. Following the purchase, the chief executive officer directly owned 641,898 shares of the company’s stock, valued at approximately $5,006,804.40. This represents a 0.30% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

OppFi Stock Up 0.3%

OPFI opened at $7.05 on Friday. OppFi Inc. has a twelve month low of $6.50 and a twelve month high of $12.45. The company has a 50-day moving average price of $8.16 and a 200 day moving average price of $8.47. The company has a market cap of $600.80 million, a PE ratio of 3.73 and a beta of 1.76.

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

Hedge Funds Weigh In On OppFi

Large investors have recently bought and sold shares of the stock. Wellington Management Group LLP increased 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 acquiring an additional 389,082 shares during the period. Renaissance Technologies LLC grew its position in OppFi by 2.3% during the 1st quarter. Renaissance Technologies LLC now owns 630,308 shares of the company’s stock worth $4,860,000 after purchasing an additional 14,100 shares during the last quarter. Dimensional Fund Advisors LP grew its position in OppFi by 50.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock worth $3,285,000 after purchasing an additional 141,949 shares during the last quarter. Globeflex Capital L P acquired a new position in OppFi in the second quarter valued at $3,240,000. Finally, PL Capital Advisors LLC acquired a new position in OppFi in the second quarter valued at $2,979,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Zacks Research lowered OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Stephens reduced their price objective 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. Piper Sandler lowered OppFi to a “neutral” rating in a report on Wednesday, August 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Finally, Citigroup reiterated 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, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, OppFi currently has an average rating of “Hold” and an average price target of $10.50.

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.