OppFi Inc. (NYSE:OPFI) Shares Purchased by Two Sigma Investments LP

Two Sigma Investments LP lifted its stake in OppFi Inc. (NYSE:OPFI - Free Report) by 19.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 447,260 shares of the company's stock after purchasing an additional 73,905 shares during the period. Two Sigma Investments LP owned 0.52% of OppFi worth $3,426,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of OPFI. Renaissance Technologies LLC increased its stake in OppFi by 52.6% during the 4th quarter. Renaissance Technologies LLC now owns 826,115 shares of the company's stock valued at $6,328,000 after purchasing an additional 284,900 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of OppFi by 249.2% in the fourth quarter. Marshall Wace LLP now owns 617,366 shares of the company's stock worth $4,729,000 after buying an additional 440,582 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of OppFi by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 412,361 shares of the company's stock worth $3,160,000 after buying an additional 11,239 shares during the last quarter. Tudor Investment Corp ET AL lifted its holdings in OppFi by 310.7% during the fourth quarter. Tudor Investment Corp ET AL now owns 276,331 shares of the company's stock valued at $2,117,000 after purchasing an additional 209,045 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in OppFi by 7.1% during the fourth quarter. Ameriprise Financial Inc. now owns 209,680 shares of the company's stock valued at $1,606,000 after purchasing an additional 13,862 shares in the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

OPFI has been the topic of several recent analyst reports. Citizens Jmp upgraded shares of OppFi from a "market perform" rating to an "outperform" rating and set a $13.50 price objective on the stock in a research report on Thursday, May 8th. Northland Securities set a $13.00 price target on shares of OppFi in a research report on Thursday, March 6th. Finally, JMP Securities upgraded shares of OppFi from a "market perform" rating to a "market outperform" rating and set a $13.50 price objective on the stock in a research report on Thursday, May 8th.

Insider Buying and Selling at OppFi

In other OppFi news, Director David Vennettilli sold 43,238 shares of the stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $9.45, for a total transaction of $408,599.10. Following the completion of the sale, the director now directly owns 90,762 shares of the company's stock, valued at approximately $857,700.90. This represents a 32.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Theodore G. Schwartz sold 79,559 shares of the stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $9.13, for a total transaction of $726,373.67. Following the sale, the director now directly owns 186,737 shares of the company's stock, valued at approximately $1,704,908.81. The trade was a 29.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,417,656 shares of company stock valued at $14,134,092. 72.00% of the stock is currently owned by insiders.

OppFi Stock Performance

OPFI stock traded down $0.05 during mid-day trading on Tuesday, reaching $13.15. 1,106,608 shares of the stock traded hands, compared to its average volume of 884,819. The stock has a market capitalization of $1.14 billion, a PE ratio of 82.18 and a beta of 1.61. OppFi Inc. has a one year low of $3.05 and a one year high of $17.73. The business has a 50-day moving average price of $10.18 and a two-hundred day moving average price of $9.98.

OppFi (NYSE:OPFI - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.12. OppFi had a net margin of 1.40% and a return on equity of 35.04%. The firm had revenue of $140.27 million for the quarter, compared to analysts' expectations of $137.71 million. On average, equities analysts expect that OppFi Inc. will post 0.86 earnings per share for the current fiscal year.

OppFi Dividend Announcement

The firm also recently disclosed a special dividend, which was paid on Friday, April 18th. Investors of record on Tuesday, April 8th were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, April 8th.

OppFi Company Profile

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.