OppFi (NYSE:OPFI) CEO Todd Schwartz Purchases 1,940 Shares of Stock

OppFi Inc. (NYSE:OPFI) CEO Todd Schwartz acquired 1,940 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was bought at an average price of $7.80 per share, for a total transaction of $15,132.00. Following the completion of the transaction, the chief executive officer owned 641,898 shares of the company’s stock, valued at $5,006,804.40. The trade was a 0.30% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

OppFi Price Performance

Shares of OPFI opened at $7.19 on Wednesday. The firm’s 50 day simple moving average is $8.25 and its 200 day simple moving average is $8.50. The company has a market capitalization of $612.32 million, a P/E ratio of 3.80 and a beta of 1.76. OppFi Inc. has a 1-year low of $6.50 and a 1-year high of $12.45.

OppFi (NYSE:OPFI) last released its quarterly earnings results 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 company had revenue of $86.17 million during the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, equities analysts anticipate that OppFi Inc. will post 1.4 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of OPFI. Moran Wealth Management LLC bought a new position in OppFi during the 1st quarter worth approximately $84,000. Lazard Asset Management LLC bought a new stake in OppFi in the first quarter valued at approximately $91,000. AXQ Capital LP boosted its stake in shares of OppFi by 19.5% during the fourth quarter. AXQ Capital LP now owns 15,113 shares of the company’s stock valued at $158,000 after purchasing an additional 2,470 shares during the period. Sei Investments Co. purchased a new stake in shares of OppFi during the first quarter valued at approximately $123,000. Finally, Hsbc Holdings PLC grew its holdings in shares of OppFi by 46.8% in the first quarter. Hsbc Holdings PLC now owns 16,539 shares of the company’s stock worth $127,000 after purchasing an additional 5,269 shares during the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Citigroup reiterated a “market outperform” rating on shares of OppFi in a research report on Tuesday, August 11th. Piper Sandler lowered OppFi to a “neutral” rating in a research note on Wednesday, August 26th. Zacks Research cut OppFi from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. Stephens reduced their price objective on OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research report on Tuesday, August 11th. Finally, Wall Street Zen lowered 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 given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $10.50.

OppFi Company Profile

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.