Todd Schwartz Purchases 1,940 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 1,940 shares of the stock in a transaction on Monday, September 14th. The shares were purchased at an average price of $7.80 per share, with a total value of $15,132.00. Following the completion of the transaction, the chief executive officer owned 641,898 shares of the company’s stock, valued at approximately $5,006,804.40. This represents a 0.30% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link.

OppFi Stock Down 7.6%

Shares of OPFI stock traded down $0.59 during trading hours on Tuesday, reaching $7.19. The company’s stock had a trading volume of 1,075,576 shares, compared to its average volume of 673,079. The firm’s 50 day simple moving average is $8.29 and its 200-day simple moving average is $8.52. The company has a market capitalization of $612.30 million, a price-to-earnings ratio of 3.80 and a beta of 1.76. OppFi Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $12.45.

OppFi (NYSE:OPFI) last posted its quarterly 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 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. Sell-side analysts predict that OppFi Inc. will post 1.4 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on OPFI shares. Citizens Jmp reissued a “market outperform” rating and issued a $11.00 target price on shares of OppFi in a report on Wednesday, August 26th. UBS Group set a $11.00 price objective on shares of OppFi in a research report on Wednesday, August 26th. Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Zacks Research cut shares of OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Finally, Citigroup reiterated a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, OppFi presently has a consensus rating of “Hold” and a consensus target price of $10.50.

Institutional Investors Weigh In On OppFi

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP raised its stake 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 worth $29,981,000 after purchasing an additional 389,082 shares during the last quarter. Globeflex Capital L P purchased a new position in shares of OppFi during the 2nd quarter valued at $3,240,000. PL Capital Advisors LLC purchased a new position in shares of OppFi in the second quarter worth about $2,979,000. Arrowstreet Capital Limited Partnership raised its stake in shares of OppFi by 208.1% during the 1st 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 during the period. Finally, Dimensional Fund Advisors LP lifted its stake in OppFi by 50.0% in the 1st 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. 7.10% of the stock is owned by institutional investors.

About OppFi

OppFi Inc (NYSE: OPFI) is a financial technology company that provides access to credit for consumers who may have limited or impaired credit histories. Through its OppLoans platform, the company offers unsecured personal installment loans designed to help customers manage expenses, consolidate debt, or address other short-term financial needs.

OppFi uses technology, data analysis, and automated underwriting to evaluate applicants and facilitate loan applications through digital channels.