Globeflex Capital L P Purchases Shares of 326,313 OppFi Inc. $OPFI

Key Points

• Globeflex Capital acquired 326,313 OppFi shares worth approximately $3.24 million, representing a 0.38% stake. Hedge funds and other institutional investors collectively own 7.10% of the company.
• OppFi’s stock opened at $7.00, near its 52-week low of $6.50, while the company reported quarterly EPS of $0.33 versus the $0.44 analyst consensus and revenue of $86.17 million, below the $155.89 million estimate.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and a $10.25 price target. CEO Todd Schwartz recently purchased 3,500 shares, while insiders collectively own 70.20% of the stock.

Globeflex Capital L P acquired a new position in OppFi Inc. (NYSE:OPFI - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 326,313 shares of the company's stock, valued at approximately $3,240,000. Globeflex Capital L P owned 0.38% of OppFi as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in OPFI. Quarry LP raised its stake in OppFi by 669.2% during the 3rd quarter. Quarry LP now owns 3,492 shares of the company's stock worth $40,000 after acquiring an additional 3,038 shares during the period. Russell Investments Group Ltd. boosted its position in shares of OppFi by 217.6% in the second quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company's stock worth $65,000 after purchasing an additional 3,207 shares during the period. Quantbot Technologies LP boosted its position in shares of OppFi by 20.8% in the second quarter. Quantbot Technologies LP now owns 8,663 shares of the company's stock worth $121,000 after purchasing an additional 1,494 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in shares of OppFi in the fourth quarter worth $95,000. Finally, Jain Global LLC purchased a new stake in shares of OppFi in the fourth quarter worth $112,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

OppFi Stock Up 0.3%

OPFI stock opened at $7.00 on Monday. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45. The firm has a market capitalization of $596.47 million, a P/E ratio of 3.70 and a beta of 1.77. The company has a fifty day simple moving average of $8.87 and a two-hundred day simple moving average of $8.71.

OppFi (NYSE:OPFI - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.11). The business had revenue of $86.17 million during the quarter, compared to the consensus estimate of $155.89 million. OppFi had a return on equity of 30.89% and a net margin of 16.64%.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.

Analyst Ratings Changes

Several research firms have commented on OPFI. Weiss Ratings reissued a "hold (c)" rating on shares of OppFi in a report on Friday, August 7th. Citigroup reaffirmed a "market outperform" rating on shares of OppFi in a report on Tuesday, August 11th. Citizens Jmp decreased their target price on OppFi from $15.00 to $11.00 and set a "market outperform" rating on the stock in a research report on Tuesday, August 11th. Stephens dropped their price target on OppFi from $11.00 to $9.50 and set an "equal weight" rating for the company in a research note on Tuesday, August 11th. Finally, Wall Street Zen cut OppFi from a "buy" rating to a "hold" rating in a report on Sunday, August 16th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $10.25.

Insiders Place Their Bets

In related news, CEO Todd G. Schwartz acquired 3,500 shares of the stock in a transaction dated Wednesday, August 19th. The stock was acquired at an average cost of $7.16 per share, with a total value of $25,060.00. Following the purchase, the chief executive officer directly owned 584,283 shares of the company's stock, valued at approximately $4,183,466.28. This trade represents a 0.60% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Christina M. Favilla sold 30,000 shares of OppFi stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $8.14, for a total value of $244,200.00. Following the completion of the transaction, the director owned 156,737 shares of the company's stock, valued at approximately $1,275,839.18. This trade represents a 16.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have purchased 86,950 shares of company stock valued at $616,658 over the last ninety days. 70.20% of the stock is owned by insiders.

About OppFi

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.

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