Todd Schwartz Acquires 3,350 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,350 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average price of $7.56 per share, with a total value of $25,326.00. Following the completion of the transaction, the chief executive officer directly owned 636,658 shares of the company’s stock, valued at $4,813,134.48. This trade represents a 0.53% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link.

OppFi Stock Up 4.5%

OPFI stock opened at $7.93 on Friday. OppFi Inc. has a 52-week low of $6.50 and a 52-week high of $12.45. The stock has a market cap of $675.63 million, a price-to-earnings ratio of 4.20 and a beta of 1.76. The business has a fifty day moving average of $8.34 and a two-hundred day moving average of $8.53.

OppFi (NYSE:OPFI) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.11). The business had revenue of $86.17 million during the quarter, compared to analyst estimates of $155.89 million. OppFi had a net margin of 16.64% and a return on equity of 30.89%. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, sell-side analysts anticipate that OppFi Inc. will post 1.4 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Piper Sandler cut shares of OppFi to a “neutral” rating in a research report on Wednesday, August 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Zacks Research downgraded shares of OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Wall Street Zen downgraded shares of OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Finally, Citigroup restated a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $10.50.

Institutional Investors Weigh In On OppFi

Institutional investors have recently modified their holdings of the company. Wellington Management Group LLP raised its holdings in shares of OppFi by 14.8% in the 2nd quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock valued at $29,981,000 after buying an additional 389,082 shares during the period. Vanguard Group Inc. boosted its holdings in OppFi by 6.8% during the 3rd quarter. Vanguard Group Inc. now owns 1,583,772 shares of the company’s stock valued at $17,944,000 after acquiring an additional 100,320 shares during the period. JPMorgan Chase & Co. boosted its holdings in OppFi by 163.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company’s stock valued at $8,840,000 after acquiring an additional 483,859 shares during the period. Nuveen LLC grew its position in OppFi by 53.8% in the 4th quarter. Nuveen LLC now owns 754,039 shares of the company’s stock valued at $7,887,000 after acquiring an additional 263,744 shares in the last quarter. Finally, Two Sigma Investments LP grew its position in OppFi by 14.3% in the 3rd quarter. Two Sigma Investments LP now owns 646,099 shares of the company’s stock valued at $7,320,000 after acquiring an additional 80,804 shares in the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

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.