OppFi (NYSE:OPFI) CEO Acquires $25,382.50 in Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,550 shares of OppFi stock in a transaction that occurred on Wednesday, September 2nd. The shares were acquired at an average price of $7.15 per share, for a total transaction of $25,382.50. Following the acquisition, the chief executive officer owned 619,433 shares in the company, valued at $4,428,945.95. This trade represents a 0.58% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

OppFi Stock Up 1.4%

Shares of OppFi stock opened at $7.42 on Friday. The business has a 50 day moving average of $8.57 and a 200 day moving average of $8.58. The company has a market cap of $632.26 million, a PE ratio of 3.93 and a beta of 1.76. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45.

OppFi (NYSE:OPFI) last posted its earnings results on Monday, August 10th. The company reported $0.33 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 company had revenue of $86.17 million during the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, research analysts anticipate that OppFi Inc. will post 1.4 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on OPFI shares. Stephens reduced 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. Citigroup reissued a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Citizens Jmp restated a “market outperform” rating and issued a $11.00 price objective on shares of OppFi in a report on Wednesday, August 26th. Zacks Research downgraded shares of OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $10.50.

Hedge Funds Weigh In On OppFi

Several institutional investors and hedge funds have recently modified their holdings of OPFI. Arrowstreet Capital Limited Partnership boosted its stake in OppFi by 208.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock worth $1,632,000 after purchasing an additional 142,971 shares in the last quarter. Wellington Management Group LLP increased its stake 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 in the last quarter. Dimensional Fund Advisors LP increased its stake in OppFi by 50.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock valued at $3,285,000 after purchasing an additional 141,949 shares in the last quarter. Globeflex Capital L P purchased a new position in OppFi in the second quarter worth about $3,240,000. Finally, PL Capital Advisors LLC purchased a new position in OppFi in the second quarter worth about $2,979,000. 7.10% of the stock is currently owned by institutional investors.

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.