OppFi (NYSE:OPFI) CEO Todd Schwartz Buys 3,500 Shares

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,500 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were bought at an average price of $7.16 per share, for a total transaction 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 trade represents a 0.60% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

OppFi Price Performance

Shares of OPFI opened at $7.18 on Friday. The stock’s 50-day moving average price is $8.90 and its 200 day moving average price is $8.73. OppFi Inc. has a 12-month low of $6.50 and a 12-month high of $12.45. The firm has a market capitalization of $611.81 million, a price-to-earnings ratio of 3.80 and a beta of 1.77.

OppFi (NYSE:OPFI) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.33 earnings per share 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 business had revenue of $86.17 million for the quarter, compared to analyst estimates of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Equities research analysts expect that OppFi Inc. will post 1.4 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on OPFI. Citigroup reissued a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Wall Street Zen cut OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Zacks Research cut shares of OppFi from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, Citizens Jmp lowered their target price on OppFi from $15.00 to $11.00 and set a “market outperform” rating for the company in a report on Tuesday, August 11th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $10.25.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. PL Capital Advisors LLC bought a new stake in shares of OppFi during the 2nd quarter worth approximately $2,979,000. Wellington Management Group LLP increased its stake in shares of OppFi by 14.8% during the 2nd 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. Globeflex Capital L P acquired a new stake in OppFi in the 2nd quarter valued at about $3,240,000. Bank of New York Mellon Corp acquired a new position in OppFi during the second quarter worth approximately $891,000. Finally, Lazard Asset Management LLC acquired a new stake in shares of OppFi in the first quarter valued at approximately $91,000. 7.10% of the stock is currently owned by institutional investors.

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.