OppFi (NYSE:OPFI) CEO Acquires 3,550 Shares of Stock

Key Points

• CEO Todd Schwartz purchased 3,550 OppFi shares at an average price of $7.15, investing $25,382.50 and increasing his direct stake by 0.58% to 619,433 shares.
• OppFi shares recently traded at $7.32, near the lower end of their 12-month range of $6.50 to $12.45. The company’s latest quarterly results missed analyst expectations, reporting $0.33 in EPS versus $0.44 expected and $86.17 million in revenue versus $155.89 million expected.
• Analyst sentiment remains mixed, with ratings ranging from strong sell to market outperform; the consensus rating is Hold with an average price target of $10.50.

OppFi Inc. (NYSE:OPFI - Get Free Report) CEO Todd Schwartz bought 3,550 shares of the company's stock in a transaction on Wednesday, September 2nd. The stock was purchased at an average cost of $7.15 per share, for a total transaction of $25,382.50. Following the completion of the transaction, the chief executive officer directly owned 619,433 shares of the company's stock, valued at approximately $4,428,945.95. The trade was a 0.58% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

OppFi Price Performance

Shares of OPFI traded up $0.08 on Thursday, reaching $7.32. The company's stock had a trading volume of 634,566 shares, compared to its average volume of 657,934. The stock has a market capitalization of $623.74 million, a P/E ratio of 3.87 and a beta of 1.76. The stock's 50 day simple moving average is $8.64 and its two-hundred day simple moving average is $8.60. OppFi Inc. has a 12-month low of $6.50 and a 12-month high of $12.45.

OppFi (NYSE:OPFI - Get Free Report) last announced its earnings results on Monday, August 10th. The company reported $0.33 EPS for the quarter, missing analysts' consensus estimates 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. Analysts expect that OppFi Inc. will post 1.4 earnings per share for the current year.

Analysts Set New Price Targets

OPFI has been the subject of several recent research reports. UBS Group set a $11.00 price target on OppFi in a report on Wednesday, August 26th. Zacks Research cut OppFi from a "hold" rating to a "strong sell" rating in a research report on Wednesday, August 26th. Weiss Ratings reiterated a "hold (c)" rating on shares of OppFi in a research note on Friday, August 7th. Stephens reduced their target price on shares of OppFi from $11.00 to $9.50 and set an "equal weight" rating for the company in a report on Tuesday, August 11th. Finally, Citizens Jmp restated a "market outperform" rating and set a $11.00 target price on shares of OppFi in a research note on Wednesday, August 26th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, OppFi has an average rating of "Hold" and a consensus target price of $10.50.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in OPFI. Wellington Management Group LLP grew its holdings in OppFi by 193.3% during the 4th quarter. Wellington Management Group LLP now owns 2,474,102 shares of the company's stock valued at $25,879,000 after buying an additional 1,630,450 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of OppFi by 163.2% in the third quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company's stock worth $8,840,000 after buying an additional 483,859 shares in the last quarter. Globeflex Capital L P bought a new position in shares of OppFi during the second quarter worth $3,240,000. PL Capital Advisors LLC bought a new position in shares of OppFi during the second quarter worth $2,979,000. Finally, Jump Financial LLC purchased a new position in OppFi during the third quarter valued at $3,056,000. 7.10% of the stock is 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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