Todd Schwartz Buys 3,550 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,550 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was bought at an average cost of $6.93 per share, with a total value of $24,601.50. Following the completion of the acquisition, the chief executive officer directly owned 615,883 shares of the company’s stock, valued at $4,268,069.19. This trade represents a 0.58% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

OppFi Price Performance

Shares of NYSE OPFI opened at $7.24 on Thursday. The stock has a market capitalization of $617.18 million, a price-to-earnings ratio of 3.83 and a beta of 1.76. OppFi Inc. has a 12 month low of $6.50 and a 12 month high of $12.45. The firm’s 50 day simple moving average is $8.64 and its 200-day simple moving average is $8.60.

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). 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 analyst estimates of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Analysts anticipate that OppFi Inc. will post 1.4 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System lifted its stake in OppFi by 145.3% in the 2nd quarter. California State Teachers Retirement System now owns 3,545 shares of the company’s stock worth $357,000 after purchasing an additional 2,100 shares in the last quarter. AXQ Capital LP purchased a new stake in shares of OppFi in the second quarter valued at approximately $426,000. PL Capital Advisors LLC acquired a new stake in shares of OppFi in the second quarter valued at approximately $2,979,000. Wellington Management Group LLP increased its holdings in shares of OppFi by 14.8% in the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock valued at $29,981,000 after purchasing an additional 389,082 shares during the last quarter. Finally, Globeflex Capital L P purchased a new position in OppFi during the second quarter worth approximately $3,240,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Citizens Jmp restated a “market outperform” rating and set a $11.00 target price on shares of OppFi in a research report on Wednesday, August 26th. Stephens lowered their price target 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. Wall Street Zen lowered OppFi from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Citigroup reissued a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Finally, UBS Group set a $11.00 target price on shares of OppFi in a research report on Wednesday, August 26th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $10.50.

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.