OppFi (NYSE:OPFI) CEO Acquires 3,500 Shares of Stock

Key Points

• CEO Todd Schwartz bought 3,500 OppFi shares at an average price of $7.15, investing $25,025 and increasing his stake by 0.58% to 608,783 shares.
• OppFi shares fell 2.0% to $6.93, near the company’s 52-week low of $6.50 and below its 50-day and 200-day moving averages.
• The company recently missed quarterly earnings and revenue estimates, while analyst sentiment remains cautious: OppFi has an average “Hold” rating and a consensus price target of $10.50.

OppFi Inc. (NYSE:OPFI - Get Free Report) CEO Todd Schwartz acquired 3,500 shares of OppFi stock in a transaction that occurred on Friday, August 28th. The shares were purchased at an average price of $7.15 per share, with a total value of $25,025.00. Following the transaction, the chief executive officer owned 608,783 shares of the company's stock, valued at $4,352,798.45. The trade was a 0.58% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

OppFi Stock Down 2.0%

NYSE:OPFI traded down $0.14 on Monday, hitting $6.93. The stock had a trading volume of 616,001 shares, compared to its average volume of 658,383. The business's 50-day simple moving average is $8.74 and its two-hundred day simple moving average is $8.64. The stock has a market cap of $590.51 million, a price-to-earnings ratio of 3.67 and a beta of 1.77. OppFi Inc. has a 52-week low of $6.50 and a 52-week high of $12.45.

OppFi (NYSE:OPFI - Get Free Report) last released its quarterly 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 business had revenue of $86.17 million for the quarter, compared to analysts' expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, equities research analysts anticipate that OppFi Inc. will post 1.4 EPS for the current year.

Institutional Trading of OppFi

Several institutional investors have recently made changes to their positions in OPFI. Goldman Sachs Group Inc. lifted its holdings in OppFi by 191.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 189,961 shares of the company's stock worth $1,767,000 after purchasing an additional 124,744 shares in the last quarter. Rhumbline Advisers grew its holdings in OppFi by 23.3% during the 1st quarter. Rhumbline Advisers now owns 19,362 shares of the company's stock valued at $180,000 after buying an additional 3,662 shares in the last quarter. Creative Planning purchased a new stake in OppFi during the 2nd quarter valued at approximately $188,000. Cetera Investment Advisers bought a new stake in shares of OppFi during the second quarter valued at approximately $206,000. Finally, JPMorgan Chase & Co. raised its position in shares of OppFi by 3,200.3% during the second quarter. JPMorgan Chase & Co. now owns 296,399 shares of the company's stock valued at $4,147,000 after buying an additional 287,418 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 equities research analysts have recently commented on the company. Wall Street Zen lowered OppFi from a "buy" rating to a "hold" rating in a research note on Sunday, August 16th. Zacks Research lowered OppFi from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 26th. Citigroup restated a "market outperform" rating on shares of OppFi in a research report on Tuesday, August 11th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of OppFi in a research note on Friday, August 7th. Finally, Piper Sandler cut OppFi to a "neutral" rating in a research report on Wednesday, August 26th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, OppFi presently has an average rating of "Hold" and a consensus target price of $10.50.

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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