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

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,475 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were acquired at an average price of $7.15 per share, for a total transaction of $24,846.25. Following the completion of the purchase, the chief executive officer directly owned 594,758 shares in the company, valued at $4,252,519.70. This represents a 0.59% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

OppFi Trading Up 3.3%

OppFi stock opened at $7.31 on Wednesday. The firm has a 50 day simple moving average of $8.82 and a 200 day simple moving average of $8.68. OppFi Inc. has a 1-year low of $6.50 and a 1-year high of $12.45. The firm has a market capitalization of $623.06 million, a price-to-earnings ratio of 3.87 and a beta of 1.77.

OppFi (NYSE:OPFI) last posted its earnings results 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 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. On average, equities research analysts forecast that OppFi Inc. will post 1.4 EPS for the current year.

Institutional Trading of OppFi

Large investors have recently modified their holdings of the business. Wellington Management Group LLP increased its position in shares of OppFi by 193.3% in the fourth 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 during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of OppFi by 163.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company’s stock worth $8,840,000 after buying an additional 483,859 shares during the last quarter. Globeflex Capital L P purchased a new stake in shares of OppFi during the 2nd quarter valued at $3,240,000. PL Capital Advisors LLC purchased a new stake in shares of OppFi during the 2nd quarter valued at $2,979,000. Finally, Jump Financial LLC purchased a new position in 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 brokerages have commented on OPFI. Zacks Research downgraded OppFi from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Citigroup reiterated a “market outperform” rating on shares of OppFi in a research report on Tuesday, August 11th. Wall Street Zen downgraded shares of OppFi from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Finally, Citizens Jmp decreased their target price on shares of OppFi from $15.00 to $11.00 and set a “market outperform” 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. Based on data from MarketBeat, OppFi has an average rating of “Hold” and an average target price of $10.25.

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.