Insider Buying: OppFi (NYSE:OPFI) CEO Buys 3,500 Shares

Key Points

• OppFi CEO Todd Schwartz purchased 3,500 shares at an average price of $7.35, investing $25,725 and increasing his holdings by 0.56% to 626,383 shares.
• OppFi shares traded near $7.42, well below their 52-week high of $12.45. The company’s latest quarterly results missed expectations, reporting $0.33 in EPS versus a $0.44 consensus estimate and revenue of $86.17 million versus $155.89 million expected.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $10.50 price target; two firms rate the stock as outperform, three as hold, and one as sell.

OppFi Inc. (NYSE:OPFI - Get Free Report) CEO Todd Schwartz bought 3,500 shares of the stock in a transaction dated Friday, September 4th. The shares were purchased at an average price of $7.35 per share, for a total transaction of $25,725.00. Following the purchase, the chief executive officer owned 626,383 shares of the company's stock, valued at $4,603,915.05. This trade represents a 0.56% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

OppFi Stock Performance

Shares of NYSE OPFI traded down $0.01 during mid-day trading on Tuesday, reaching $7.42. The company had a trading volume of 538,989 shares, compared to its average volume of 656,153. The firm has a market cap of $631.83 million, a price-to-earnings ratio of 3.92 and a beta of 1.76. The business's 50-day simple moving average is $8.53 and its 200 day simple moving average is $8.57. OppFi Inc. has a one year low of $6.50 and a one year high of $12.45.

OppFi (NYSE:OPFI - Get Free Report) last issued its earnings results on Monday, August 10th. The company reported $0.33 EPS 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 firm had revenue of $86.17 million during the quarter, compared to analyst estimates of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, sell-side analysts anticipate that OppFi Inc. will post 1.4 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on OPFI. Citizens Jmp reiterated a "market outperform" rating and set a $11.00 price objective on shares of OppFi in a research report on Wednesday, August 26th. Weiss Ratings reissued a "hold (c)" rating on shares of OppFi in a report on Friday, August 7th. 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. Zacks Research lowered shares of OppFi from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 26th. Finally, Citigroup reissued a "market outperform" rating on shares of OppFi in a research report on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, OppFi currently has a consensus rating of "Hold" and a consensus target price of $10.50.

Hedge Funds Weigh In On OppFi

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quarry LP increased its position in OppFi by 669.2% during the 3rd quarter. Quarry LP now owns 3,492 shares of the company's stock valued at $40,000 after purchasing an additional 3,038 shares during the period. California State Teachers Retirement System boosted its position in OppFi by 145.3% during the 2nd quarter. California State Teachers Retirement System now owns 3,545 shares of the company's stock valued at $357,000 after acquiring an additional 2,100 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of OppFi by 217.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company's stock worth $65,000 after acquiring an additional 3,207 shares in the last quarter. Quantbot Technologies LP lifted its stake in shares of OppFi by 20.8% in the 2nd quarter. Quantbot Technologies LP now owns 8,663 shares of the company's stock valued at $121,000 after purchasing an additional 1,494 shares during the period. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of OppFi during the fourth quarter valued at approximately $95,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

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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