OppFi (NYSE:OPFI) Insider Sells 77,850 Shares of Stock

OppFi Inc. (NYSE:OPFI) insider Christopher Mckay sold 77,850 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $7.18, for a total transaction of $558,963.00. Following the transaction, the insider owned 1,431,479 shares of the company’s stock, valued at $10,278,019.22. This trade represents a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

OppFi Stock Down 1.0%

Shares of NYSE OPFI traded down $0.07 during mid-day trading on Friday, reaching $7.08. 895,834 shares of the company were exchanged, compared to its average volume of 658,637. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45. The stock has a market capitalization of $603.29 million, a PE ratio of 3.75 and a beta of 1.77. The company’s 50 day moving average price is $8.77 and its 200 day moving average price is $8.66.

OppFi (NYSE:OPFI) last released its 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 net margin of 16.64% and a return on equity of 30.89%. The firm had revenue of $86.17 million during the quarter, compared to the consensus estimate of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, sell-side analysts predict that OppFi Inc. will post 1.4 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on OPFI shares. UBS Group set a $11.00 target price on OppFi in a research note on Wednesday. Citizens Jmp reissued a “market outperform” rating and set a $11.00 price target on shares of OppFi in a research note on Wednesday. Stephens lowered their price objective on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a report on Tuesday, August 11th. Zacks Research cut shares of OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Two equities 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 company’s stock. Based on data from MarketBeat, OppFi currently has an average rating of “Hold” and a consensus target price of $10.50.

Institutional Trading of OppFi

Several large investors have recently bought and sold shares of OPFI. Great Valley Advisor Group Inc. grew its position in shares of OppFi by 6.1% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 24,895 shares of the company’s stock worth $348,000 after buying an additional 1,423 shares during the period. Quantbot Technologies LP lifted its position in OppFi by 20.8% during the 2nd quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock valued at $121,000 after acquiring an additional 1,494 shares during the period. Zacks Investment Management lifted its position in OppFi by 5.2% during the 3rd quarter. Zacks Investment Management now owns 40,585 shares of the company’s stock valued at $460,000 after acquiring an additional 2,000 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in OppFi by 17.9% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,282 shares of the company’s stock worth $186,000 after acquiring an additional 2,013 shares in the last quarter. Finally, R Squared Ltd boosted its stake in OppFi by 10.5% during the first quarter. R Squared Ltd now owns 21,684 shares of the company’s stock worth $167,000 after acquiring an additional 2,053 shares in the last quarter. 7.10% of the stock is owned by institutional investors.

OppFi Company Profile

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.