Pamela Johnson Sells 8,650 Shares of OppFi (NYSE:OPFI) Stock

OppFi Inc. (NYSE:OPFI) CFO Pamela Johnson sold 8,650 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $8.02, for a total transaction of $69,373.00. Following the transaction, the chief financial officer directly owned 151,039 shares in the company, valued at $1,211,332.78. The trade was a 5.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

OppFi Stock Performance

Shares of NYSE OPFI opened at $7.04 on Thursday. The firm has a market cap of $599.62 million, a P/E ratio of 3.72 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’s 50 day moving average price is $8.21 and its 200 day moving average price is $8.48.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OPFI. Wellington Management Group LLP increased its stake in OppFi by 14.8% during the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock worth $29,981,000 after acquiring an additional 389,082 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of OppFi by 2.3% in the 1st quarter. Renaissance Technologies LLC now owns 630,308 shares of the company’s stock valued at $4,860,000 after purchasing an additional 14,100 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of OppFi by 50.0% during 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 during the period. Globeflex Capital L P acquired a new stake in OppFi during the 2nd quarter worth approximately $3,240,000. Finally, PL Capital Advisors LLC acquired a new stake in OppFi during the 2nd quarter worth approximately $2,979,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on OPFI shares. Citizens Jmp reiterated a “market outperform” rating and set a $11.00 target price on shares of OppFi in a research report on Wednesday, August 26th. Zacks Research downgraded shares of OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Stephens cut their price objective on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a report on Tuesday, August 11th. Wall Street Zen cut shares of OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Finally, UBS Group set a $11.00 target price on shares of OppFi in a report on Wednesday, August 26th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $10.50.

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.