Todd Schwartz Acquires 3,300 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,300 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were acquired at an average cost of $7.96 per share, with a total value of $26,268.00. Following the transaction, the chief executive officer owned 639,958 shares in the company, valued at approximately $5,094,065.68. This trade represents a 0.52% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

OppFi Trading Down 7.6%

OppFi stock traded down $0.59 during trading on Tuesday, reaching $7.19. The company had a trading volume of 1,075,576 shares, compared to its average volume of 673,079. The firm has a market capitalization of $612.30 million, a price-to-earnings ratio of 3.80 and a beta of 1.76. The firm’s 50-day simple moving average is $8.29 and its 200 day simple moving average is $8.52. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45.

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 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, analysts predict that OppFi Inc. will post 1.4 earnings per share for the current year.

Hedge Funds Weigh In On OppFi

Several hedge funds have recently modified their holdings of the stock. Moran Wealth Management LLC purchased a new position in OppFi during the first quarter valued at $84,000. Lazard Asset Management LLC purchased a new stake in OppFi in the 1st quarter worth $91,000. Sei Investments Co. bought a new position in shares of OppFi during the 1st quarter valued at about $123,000. Hsbc Holdings PLC grew its position in shares of OppFi by 46.8% during the first quarter. Hsbc Holdings PLC now owns 16,539 shares of the company’s stock valued at $127,000 after purchasing an additional 5,269 shares in the last quarter. Finally, AXQ Capital LP grew its position in shares of OppFi by 19.5% during the fourth quarter. AXQ Capital LP now owns 15,113 shares of the company’s stock valued at $158,000 after purchasing an additional 2,470 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on OPFI. Citizens Jmp reaffirmed a “market outperform” rating and set a $11.00 price target on shares of OppFi in a report on Wednesday, August 26th. Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Wall Street Zen downgraded shares of OppFi from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Citigroup reiterated a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Finally, Zacks Research downgraded OppFi from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $10.50.

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.