Insider Selling: OppFi (NYSE:OPFI) CFO Sells $69,373.00 in 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 shares were sold at an average price of $8.02, for a total value of $69,373.00. Following the sale, the chief financial officer directly owned 151,039 shares in the company, valued at approximately $1,211,332.78. This trade represents a 5.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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 fifty day moving average of $8.16 and a 200-day moving average of $8.47. The stock has a market cap of $600.80 million, a PE ratio of 3.73 and a beta of 1.76.

OppFi (NYSE:OPFI) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.33 EPS 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 the consensus estimate of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Sell-side analysts anticipate that OppFi Inc. will post 1.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on OPFI shares. Zacks Research downgraded shares of OppFi from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. Citizens Jmp reissued a “market outperform” rating and set a $11.00 target price on shares of OppFi in a research note on Wednesday, August 26th. UBS Group set a $11.00 price target on shares of OppFi in a report on Wednesday, August 26th. Stephens decreased their price target on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a research note on Tuesday, August 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, OppFi currently has a consensus rating of “Hold” and a consensus target price of $10.50.

Institutional Trading of OppFi

A number of institutional investors and hedge funds have recently modified their holdings of the business. Wellington Management Group LLP boosted its position in OppFi by 14.8% in 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 during the last quarter. Renaissance Technologies LLC raised its stake in shares of 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 period. Dimensional Fund Advisors LP raised its stake in shares of 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 period. Globeflex Capital L P purchased a new position in shares of OppFi in the 2nd quarter worth about $3,240,000. Finally, PL Capital Advisors LLC purchased a new position in shares of OppFi in the 2nd quarter worth about $2,979,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

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.