Insider Buying: OppFi (NYSE:OPFI) CEO Purchases $24,846.25 in Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz bought 3,475 shares of OppFi stock in a transaction on Monday, August 24th. The stock was purchased at an average price of $7.15 per share, with a total value of $24,846.25. Following the completion of the acquisition, the chief executive officer directly owned 598,233 shares of the company’s stock, valued at $4,277,365.95. This represents a 0.58% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

OppFi Stock Performance

NYSE:OPFI opened at $7.15 on Friday. OppFi Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $12.45. The stock has a market capitalization of $609.51 million, a P/E ratio of 3.78 and a beta of 1.77. The company’s 50-day simple moving average is $8.77 and its 200-day simple moving average is $8.66.

OppFi (NYSE:OPFI) last issued its quarterly earnings data 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). The firm had revenue of $86.17 million during 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. On average, research analysts forecast that OppFi Inc. will post 1.4 EPS for the current year.

Institutional Trading of OppFi

A number of institutional investors have recently bought and sold shares of OPFI. Quarry LP grew its position in OppFi by 669.2% during the 3rd quarter. Quarry LP now owns 3,492 shares of the company’s stock worth $40,000 after purchasing an additional 3,038 shares during the last quarter. Russell Investments Group Ltd. increased its stake in OppFi by 217.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock valued at $65,000 after purchasing an additional 3,207 shares in the last quarter. Moran Wealth Management LLC purchased a new position in shares of OppFi in the first quarter worth $84,000. Lazard Asset Management LLC purchased a new position in shares of OppFi in the first quarter worth $91,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of OppFi in the fourth quarter worth $95,000. 7.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on OPFI. Citizens Jmp reaffirmed a “market outperform” rating and set a $11.00 price target on shares of OppFi in a research report on Wednesday. Piper Sandler cut OppFi to a “neutral” rating in a research report on Wednesday. Stephens dropped their target price 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. Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a research report on Tuesday, August 11th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $10.50.

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.