Todd Schwartz Acquires 3,475 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFIGet Free Report) CEO Todd Schwartz bought 3,475 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were purchased at an average cost of $7.41 per share, with a total value of $25,749.75. Following the purchase, the chief executive officer directly owned 629,858 shares of the company’s stock, valued at approximately $4,667,247.78. This represents a 0.55% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

OppFi Stock Performance

NYSE OPFI opened at $7.61 on Friday. The stock has a market capitalization of $648.11 million, a P/E ratio of 4.02 and a beta of 1.76. OppFi Inc. has a 1 year low of $6.50 and a 1 year high of $12.45. The business’s fifty day moving average is $8.38 and its two-hundred day moving average is $8.53.

OppFi (NYSE:OPFIGet Free Report) last posted its quarterly earnings data 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 analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, research analysts forecast that OppFi Inc. will post 1.4 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Quarry LP raised its stake in shares of OppFi by 669.2% during the 3rd quarter. Quarry LP now owns 3,492 shares of the company’s stock worth $40,000 after purchasing an additional 3,038 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of OppFi by 217.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock valued at $65,000 after buying an additional 3,207 shares during the last quarter. Moran Wealth Management LLC acquired a new stake in shares of OppFi during the 1st quarter valued at about $84,000. Lazard Asset Management LLC bought a new stake in shares of OppFi in the 1st quarter valued at approximately $91,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of OppFi in the 4th quarter valued at approximately $95,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on OPFI shares. Citizens Jmp reaffirmed a “market outperform” rating and issued a $11.00 target price on shares of OppFi in a research report on Wednesday, August 26th. Weiss Ratings reissued a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Citigroup reissued a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Zacks Research lowered OppFi from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. Finally, UBS Group set a $11.00 target price on 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 assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $10.50.

Read Our Latest Stock Report on OppFi

About OppFi

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for OppFi (NYSE:OPFI)

Receive News & Ratings for OppFi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OppFi and related companies with MarketBeat.com's FREE daily email newsletter.