Insider Buying: OppFi (NYSE:OPFI) CEO Purchases $25,098.50 in Stock

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

OppFi Stock Performance

OPFI stock opened at $7.09 on Thursday. OppFi Inc. has a one year low of $6.50 and a one year high of $12.45. The company has a 50 day moving average price of $8.79 and a two-hundred day moving average price of $8.67. The stock has a market capitalization of $604.14 million, a P/E ratio of 3.75 and a beta of 1.77.

OppFi (NYSE:OPFI) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.11). The company had revenue of $86.17 million for the quarter, compared to analysts’ expectations 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. Research analysts forecast that OppFi Inc. will post 1.4 earnings per share for the current fiscal year.

Hedge Funds Weigh In On OppFi

A number of institutional investors and hedge funds have recently bought and sold shares of OPFI. Wellington Management Group LLP increased its stake in OppFi by 193.3% in the 4th quarter. Wellington Management Group LLP now owns 2,474,102 shares of the company’s stock worth $25,879,000 after purchasing an additional 1,630,450 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of OppFi by 163.2% in the 3rd 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 in the last quarter. Globeflex Capital L P purchased a new position in OppFi during the 2nd quarter worth approximately $3,240,000. PL Capital Advisors LLC purchased a new stake in shares of OppFi in the second quarter valued at $2,979,000. Finally, Jump Financial LLC acquired a new stake in shares of OppFi in the third quarter worth $3,056,000. Institutional investors own 7.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Citizens Jmp reaffirmed a “market outperform” rating and set a $11.00 target price on shares of OppFi in a research report on Wednesday. UBS Group set a $11.00 price target on OppFi in a research note on Wednesday. Piper Sandler lowered OppFi to a “neutral” rating in a research note on Wednesday. Finally, Stephens dropped their price objective on OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a report on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $10.50.

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.