OppFi (NYSE:OPFI) CEO Todd Schwartz Buys 3,450 Shares of Stock

OppFi Inc. (NYSE:OPFIGet Free Report) CEO Todd Schwartz purchased 3,450 shares of OppFi stock in a transaction on Wednesday, September 9th. The shares were acquired at an average cost of $7.59 per share, for a total transaction of $26,185.50. Following the purchase, the chief executive officer owned 633,308 shares in the company, valued at approximately $4,806,807.72. This trade represents a 0.55% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

OppFi Stock Up 1.0%

Shares of OPFI stock traded up $0.08 during trading hours on Thursday, hitting $7.61. 1,093,844 shares of the company were exchanged, compared to its average volume of 666,837. The firm has a market cap of $648.11 million, a PE ratio of 4.02 and a beta of 1.76. OppFi Inc. has a 1 year low of $6.50 and a 1 year high of $12.45. The firm has a fifty day moving average of $8.43 and a 200 day moving average of $8.54.

OppFi (NYSE:OPFIGet Free Report) last released its quarterly earnings data 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 firm 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. Analysts expect that OppFi Inc. will post 1.4 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on OPFI shares. Piper Sandler lowered shares of OppFi to a “neutral” rating in a report on Wednesday, August 26th. UBS Group set a $11.00 price objective on shares of OppFi in a research note on Wednesday, August 26th. Stephens cut their target price on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research note on Tuesday, August 11th. Citizens Jmp restated a “market outperform” rating and set a $11.00 target price on shares of OppFi in a report on Wednesday, August 26th. Finally, Wall Street Zen downgraded OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, OppFi currently has an average rating of “Hold” and a consensus price target of $10.50.

Check Out Our Latest Report on OPFI

Institutional Trading of OppFi

A number of hedge funds have recently made changes to their positions in OPFI. Quarry LP raised its holdings in OppFi by 669.2% in the third quarter. Quarry LP now owns 3,492 shares of the company’s stock valued at $40,000 after acquiring an additional 3,038 shares in the last quarter. California State Teachers Retirement System increased its holdings in OppFi by 145.3% in the second quarter. California State Teachers Retirement System now owns 3,545 shares of the company’s stock valued at $357,000 after buying an additional 2,100 shares during the last quarter. Russell Investments Group Ltd. raised its stake in OppFi by 217.6% during the second quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock valued at $65,000 after buying an additional 3,207 shares in the last quarter. Quantbot Technologies LP lifted its holdings in OppFi by 20.8% during the 2nd quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock worth $121,000 after buying an additional 1,494 shares during the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of OppFi in the 4th quarter worth approximately $95,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

OppFi Company Profile

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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.

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