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

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz purchased 3,550 shares of the company’s stock in a transaction on Friday, August 21st. The shares were purchased at an average price of $7.07 per share, with a total value of $25,098.50. Following the completion of the purchase, the chief executive officer directly owned 591,283 shares of the company’s stock, valued at $4,180,370.81. The trade was a 0.60% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

OppFi Price Performance

OppFi stock opened at $7.31 on Wednesday. The company has a market cap of $623.06 million, a price-to-earnings ratio of 3.87 and a beta of 1.77. OppFi Inc. has a 12 month low of $6.50 and a 12 month high of $12.45. The stock’s 50-day moving average is $8.82 and its 200-day moving average is $8.68.

OppFi (NYSE:OPFI) last issued its earnings results on Monday, August 10th. The company reported $0.33 earnings per share (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 firm had revenue of $86.17 million for the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Research analysts anticipate that OppFi Inc. will post 1.4 EPS for the current year.

Institutional Investors Weigh In On OppFi

A number of large investors have recently added to or reduced their stakes in OPFI. Arrowstreet Capital Limited Partnership grew its stake in shares of OppFi by 208.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock valued at $1,632,000 after acquiring an additional 142,971 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of OppFi by 50.0% in the first quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock worth $3,285,000 after acquiring an additional 141,949 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in OppFi by 53.0% in the first quarter. Kestra Advisory Services LLC now owns 176,047 shares of the company’s stock valued at $1,357,000 after purchasing an additional 61,013 shares during the last quarter. Globeflex Capital L P purchased a new position in OppFi in the second quarter valued at about $3,240,000. Finally, State of Wyoming grew its stake in OppFi by 7.9% during the 1st quarter. State of Wyoming now owns 42,739 shares of the company’s stock valued at $330,000 after purchasing an additional 3,139 shares in the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

OPFI has been the topic of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Citizens Jmp cut their price objective on OppFi from $15.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Tuesday, August 11th. Stephens reduced their price objective on OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research note on Tuesday, August 11th. Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a research report on Tuesday, August 11th. Finally, Zacks Research lowered OppFi from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus 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.