OppFi (NYSE:OPFI) CFO Pamela Johnson Sells 8,650 Shares of Stock

OppFi Inc. (NYSE:OPFI) CFO Pamela Johnson sold 8,650 shares of the firm’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $8.02, for a total value of $69,373.00. Following the completion of the sale, the chief financial officer directly owned 151,039 shares of the company’s stock, valued at $1,211,332.78. This trade represents a 5.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

OppFi Trading Down 7.6%

Shares of OPFI stock opened at $7.19 on Wednesday. OppFi Inc. has a twelve month low of $6.50 and a twelve month high of $12.45. The company’s 50-day moving average price is $8.25 and its 200-day moving average price is $8.50. The stock has a market cap of $612.32 million, a price-to-earnings ratio of 3.80 and a beta of 1.76.

OppFi (NYSE:OPFI) last released 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). 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. As a group, equities research analysts predict that OppFi Inc. will post 1.4 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Wall Street Zen lowered OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Citigroup reissued a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Zacks Research downgraded OppFi from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. Finally, 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 note on Tuesday, August 11th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, OppFi currently has an average rating of “Hold” and an average price target of $10.50.

Institutional Trading of OppFi

Institutional investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its stake in OppFi by 14.8% during the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock worth $29,981,000 after purchasing an additional 389,082 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of OppFi by 2.3% during the first quarter. Renaissance Technologies LLC now owns 630,308 shares of the company’s stock worth $4,860,000 after buying an additional 14,100 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of OppFi by 50.0% in 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 in the last quarter. Globeflex Capital L P acquired a new stake in shares of OppFi in the second quarter valued at $3,240,000. Finally, PL Capital Advisors LLC purchased a new stake in shares of OppFi in the 2nd quarter valued at $2,979,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

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.