Todd Schwartz Purchases 3,500 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,500 shares of OppFi stock in a transaction dated Wednesday, August 19th. The stock was acquired at an average price of $7.16 per share, with a total value of $25,060.00. Following the acquisition, the chief executive officer owned 584,283 shares in the company, valued at approximately $4,183,466.28. This represents a 0.60% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

OppFi Stock Performance

Shares of OPFI opened at $7.00 on Friday. The company has a 50 day moving average price of $8.87 and a 200-day moving average price of $8.72. OppFi Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $12.45. The stock has a market capitalization of $596.47 million, a PE ratio of 3.70 and a beta of 1.77.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on OPFI. Citigroup reiterated a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Zacks Research cut OppFi from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Stephens dropped their price objective on OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research report on Tuesday, August 11th. Citizens Jmp cut their target price on OppFi from $15.00 to $11.00 and set a “market outperform” rating on the stock in a research note on Tuesday, August 11th. Finally, Wall Street Zen lowered OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, OppFi presently has an average rating of “Hold” and an average target price of $10.25.

Institutional Investors Weigh In On OppFi

Several institutional investors have recently bought and sold shares of OPFI. Goldman Sachs Group Inc. grew its holdings in OppFi by 191.3% in the first quarter. Goldman Sachs Group Inc. now owns 189,961 shares of the company’s stock worth $1,767,000 after purchasing an additional 124,744 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of OppFi by 23.3% during the 1st quarter. Rhumbline Advisers now owns 19,362 shares of the company’s stock valued at $180,000 after purchasing an additional 3,662 shares during the last quarter. Creative Planning purchased a new stake in shares of OppFi during the 2nd quarter valued at $188,000. Cetera Investment Advisers acquired a new stake in shares of OppFi in the 2nd quarter worth $206,000. Finally, JPMorgan Chase & Co. boosted its position in shares of OppFi by 3,200.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 296,399 shares of the company’s stock worth $4,147,000 after purchasing an additional 287,418 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

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.