Todd Schwartz Buys 3,350 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,350 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were bought at an average price of $7.56 per share, with a total value of $25,326.00. Following the completion of the transaction, the chief executive officer owned 636,658 shares of the company’s stock, valued at approximately $4,813,134.48. The trade was a 0.53% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

OppFi Stock Performance

Shares of OppFi stock traded up $0.34 on Friday, reaching $7.93. The company had a trading volume of 978,419 shares, compared to its average volume of 669,043. The firm’s 50 day moving average price is $8.38 and its two-hundred day moving average price is $8.53. The firm has a market cap of $675.63 million, a PE ratio of 4.20 and a beta of 1.76. OppFi Inc. has a 52-week low of $6.50 and a 52-week high of $12.45.

OppFi (NYSE:OPFI) last posted its quarterly earnings data 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). 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. As a group, sell-side analysts predict that OppFi Inc. will post 1.4 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on OPFI shares. Zacks Research lowered OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Wall Street Zen lowered shares of OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. UBS Group set a $11.00 price target on shares of OppFi in a research report on Wednesday, August 26th. Piper Sandler cut shares of OppFi to a “neutral” rating in a report on Wednesday, August 26th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $10.50.

Institutional Trading of OppFi

Hedge funds have recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its holdings in 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 buying an additional 389,082 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in OppFi by 208.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock valued at $1,632,000 after purchasing an additional 142,971 shares in the last quarter. Globeflex Capital L P purchased a new position in OppFi in the second quarter valued at approximately $3,240,000. Dimensional Fund Advisors LP raised its holdings in OppFi by 50.0% during the first quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock worth $3,285,000 after purchasing an additional 141,949 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in OppFi by 53.0% during the first quarter. Kestra Advisory Services LLC now owns 176,047 shares of the company’s stock worth $1,357,000 after purchasing an additional 61,013 shares in the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

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.