Jump Financial LLC acquired a new position in shares of OppFi Inc. (NYSE:OPFI - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 90,294 shares of the company's stock, valued at approximately $692,000. Jump Financial LLC owned about 0.10% of OppFi as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Barclays PLC increased its holdings in shares of OppFi by 5.6% in the 4th quarter. Barclays PLC now owns 44,521 shares of the company's stock valued at $341,000 after acquiring an additional 2,380 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of OppFi by 8.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 54,359 shares of the company's stock valued at $416,000 after acquiring an additional 4,398 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of OppFi by 28.9% in the 3rd quarter. Jane Street Group LLC now owns 25,842 shares of the company's stock valued at $122,000 after acquiring an additional 5,795 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of OppFi by 22.4% in the 4th quarter. Bank of New York Mellon Corp now owns 34,156 shares of the company's stock valued at $262,000 after acquiring an additional 6,242 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of OppFi by 30.8% in the 4th quarter. American Century Companies Inc. now owns 33,846 shares of the company's stock valued at $259,000 after acquiring an additional 7,974 shares during the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research analysts recently commented on OPFI shares. Citizens Jmp downgraded OppFi from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. JMP Securities downgraded OppFi from an "outperform" rating to a "market perform" rating in a research note on Wednesday, February 12th. Finally, Northland Securities set a $13.00 price objective on OppFi in a research note on Thursday, March 6th.
Get Our Latest Stock Report on OppFi
OppFi Trading Up 2.5 %
OPFI traded up $0.23 during trading on Monday, reaching $9.50. 527,519 shares of the company were exchanged, compared to its average volume of 793,250. OppFi Inc. has a 52 week low of $2.61 and a 52 week high of $17.73. The stock has a market cap of $820.85 million, a P/E ratio of 59.38 and a beta of 1.61. The firm has a 50 day moving average of $9.32 and a 200 day moving average of $8.91.
OppFi (NYSE:OPFI - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.09. The business had revenue of $135.72 million during the quarter, compared to the consensus estimate of $133.50 million. OppFi had a net margin of 1.40% and a return on equity of 35.04%. During the same quarter in the prior year, the company posted $0.10 earnings per share. As a group, analysts forecast that OppFi Inc. will post 0.86 earnings per share for the current fiscal year.
OppFi Dividend Announcement
The business also recently announced a special dividend, which was paid on Friday, April 18th. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, April 8th.
Insider Buying and Selling at OppFi
In other OppFi news, Director Theodore G. Schwartz sold 165,174 shares of the firm's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $10.58, for a total transaction of $1,747,540.92. Following the transaction, the director now owns 186,737 shares of the company's stock, valued at approximately $1,975,677.46. This trade represents a 46.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Christopher J. Mckay sold 10,377 shares of OppFi stock in a transaction that occurred on Monday, April 7th. The stock was sold at an average price of $7.54, for a total transaction of $78,242.58. Following the completion of the transaction, the insider now directly owns 227,421 shares in the company, valued at $1,714,754.34. This represents a 4.36 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,026,884 shares of company stock valued at $9,478,588. Company insiders own 84.00% of the company's stock.
About OppFi
(
Free Report)
OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.
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