OppFi (NYSE:OPFI) CEO Acquires 3,500 Shares

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 3,500 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were bought at an average price of $7.19 per share, for a total transaction of $25,165.00. Following the completion of the transaction, the chief executive officer owned 601,733 shares of the company’s stock, valued at approximately $4,326,460.27. This trade represents a 0.59% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

OppFi Price Performance

Shares of OppFi stock traded up $0.05 on Thursday, reaching $7.15. The company had a trading volume of 508,946 shares, compared to its average volume of 657,193. The firm has a market cap of $609.49 million, a price-to-earnings ratio of 3.78 and a beta of 1.77. The firm’s 50-day moving average price is $8.79 and its two-hundred day moving average price is $8.67. OppFi Inc. has a 1 year low of $6.50 and a 1 year high of $12.45.

OppFi (NYSE:OPFI) last released its 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 company had revenue of $86.17 million for the quarter, compared to the consensus estimate of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, analysts anticipate that OppFi Inc. will post 1.4 EPS for the current year.

Institutional Investors Weigh In On OppFi

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Great Valley Advisor Group Inc. grew its stake in OppFi by 6.1% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 24,895 shares of the company’s stock worth $348,000 after acquiring an additional 1,423 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of OppFi by 20.8% during the second quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock valued at $121,000 after acquiring an additional 1,494 shares in the last quarter. Zacks Investment Management boosted its holdings in shares of OppFi by 5.2% in the third quarter. Zacks Investment Management now owns 40,585 shares of the company’s stock valued at $460,000 after purchasing an additional 2,000 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of OppFi by 17.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,282 shares of the company’s stock valued at $186,000 after purchasing an additional 2,013 shares during the period. Finally, R Squared Ltd grew its stake in OppFi by 10.5% in the first quarter. R Squared Ltd now owns 21,684 shares of the company’s stock worth $167,000 after purchasing an additional 2,053 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on OPFI. UBS Group set a $11.00 target price on shares of OppFi in a report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Citizens Jmp restated a “market outperform” rating and set a $11.00 target price on shares of OppFi in a research report on Wednesday. Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Finally, Wall Street Zen lowered OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.50.

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.