OppFi (NYSE:OPFI) CEO Acquires $25,098.50 in Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,550 shares of OppFi stock in a transaction on Friday, August 21st. The stock was bought at an average price of $7.07 per share, for a total transaction of $25,098.50. Following the transaction, the chief executive officer directly owned 591,283 shares in the company, valued at approximately $4,180,370.81. The trade was a 0.60% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

OppFi Price Performance

Shares of OppFi stock traded up $0.10 during midday trading on Monday, reaching $7.08. The company had a trading volume of 936,604 shares, compared to its average volume of 657,967. The stock has a fifty day moving average price of $8.87 and a 200 day moving average price of $8.71. The firm has a market cap of $602.93 million, a PE ratio of 3.74 and a beta of 1.77. OppFi Inc. has a fifty-two week low of $6.50 and a fifty-two 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 net margin of 16.64% and a return on equity of 30.89%. The firm had revenue of $86.17 million for 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 forecast that OppFi Inc. will post 1.4 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Stephens dropped their price objective on OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research note on Tuesday, August 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Citizens Jmp decreased their price target on OppFi from $15.00 to $11.00 and set a “market outperform” rating for the company in a research report on Tuesday, August 11th. Finally, Zacks Research cut shares of OppFi from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $10.25.

Institutional Trading of OppFi

A number of institutional investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its holdings in shares of OppFi by 193.3% in the fourth quarter. Wellington Management Group LLP now owns 2,474,102 shares of the company’s stock worth $25,879,000 after buying an additional 1,630,450 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of OppFi by 163.2% in the third 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. Globeflex Capital L P purchased a new position in OppFi during the second quarter valued at approximately $3,240,000. PL Capital Advisors LLC purchased a new position in OppFi during the second quarter valued at approximately $2,979,000. Finally, Jump Financial LLC bought a new stake in OppFi during the 3rd quarter worth approximately $3,056,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

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.