OppFi (NYSE:OPFI) CEO Buys $25,326.00 in Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,350 shares of the stock in a transaction on Thursday, September 10th. The stock was bought at an average cost of $7.56 per share, for a total transaction of $25,326.00. Following the completion of the acquisition, the chief executive officer owned 636,658 shares in the company, valued at approximately $4,813,134.48. This trade represents a 0.53% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

OppFi Stock Down 0.6%

Shares of OPFI stock opened at $7.93 on Monday. The firm has a 50 day moving average price of $8.34 and a two-hundred day moving average price of $8.53. The company has a market capitalization of $675.63 million, a PE ratio of 4.20 and a beta of 1.76. OppFi Inc. has a 12-month low of $6.50 and a 12-month 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). The firm had revenue of $86.17 million during the quarter, compared to analyst estimates of $155.89 million. OppFi had a net margin of 16.64% and a return on equity of 30.89%. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, research analysts expect that OppFi Inc. will post 1.4 EPS for the current year.

Analyst Ratings Changes

OPFI has been the topic of a number of research reports. Piper Sandler lowered OppFi to a “neutral” rating in a report on Wednesday, August 26th. Stephens dropped their target price on OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a report on Tuesday, August 11th. Wall Street Zen cut shares of OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. UBS Group set a $11.00 price target on OppFi in a research note on Wednesday, August 26th. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $11.00 price objective on shares of OppFi in a research note on Wednesday, August 26th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $10.50.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Quarry LP lifted its stake in shares of OppFi by 669.2% in the third quarter. Quarry LP now owns 3,492 shares of the company’s stock worth $40,000 after acquiring an additional 3,038 shares during the period. Russell Investments Group Ltd. increased its position in shares of OppFi by 217.6% during the second quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock worth $65,000 after buying an additional 3,207 shares during the period. Moran Wealth Management LLC bought a new position in OppFi during the first quarter worth $84,000. Lazard Asset Management LLC acquired a new position in OppFi in the first quarter valued at $91,000. Finally, Kemnay Advisory Services Inc. acquired a new position in OppFi in the fourth quarter valued at $95,000. 7.10% of the stock is owned by institutional investors and hedge funds.

OppFi Company Profile

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.