Todd Schwartz Acquires 3,300 Shares of OppFi (NYSE:OPFI) Stock

Key Points

• CEO Todd Schwartz bought 3,300 OppFi shares at an average price of $7.96, investing $26,268 and increasing his direct ownership to 639,958 shares.
• OppFi shares fell 7.6% to $7.19, while the company’s latest quarterly results missed expectations, reporting $0.33 in EPS versus the $0.44 consensus and revenue of $86.17 million versus $155.89 million expected.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $10.50; institutional investors own approximately 7.1% of the stock.

OppFi Inc. (NYSE:OPFI - Get Free Report) CEO Todd Schwartz purchased 3,300 shares of the business's stock in a transaction that occurred on Friday, September 11th. The stock was bought at an average price of $7.96 per share, for a total transaction of $26,268.00. Following the purchase, the chief executive officer directly owned 639,958 shares in the company, valued at $5,094,065.68. The trade was a 0.52% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

OppFi Trading Down 7.6%

NYSE:OPFI traded down $0.59 during trading hours on Tuesday, reaching $7.19. 1,075,576 shares of the company traded hands, compared to its average volume of 673,079. The business's 50-day moving average price is $8.29 and its two-hundred day moving average price is $8.52. OppFi Inc. has a 1 year low of $6.50 and a 1 year high of $12.45. The stock has a market capitalization of $612.30 million, a P/E ratio of 3.80 and a beta of 1.76.

OppFi (NYSE:OPFI - Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.11). The company had revenue of $86.17 million for the quarter, compared to the consensus estimate of $155.89 million. OppFi had a net margin of 16.64% and a return on equity of 30.89%. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, equities analysts anticipate that OppFi Inc. will post 1.4 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on OPFI. Citizens Jmp reiterated a "market outperform" rating and set a $11.00 target price on shares of OppFi in a research note on Wednesday, August 26th. Citigroup reaffirmed a "market outperform" rating on shares of OppFi in a research report on Tuesday, August 11th. Stephens decreased their target price on OppFi from $11.00 to $9.50 and set an "equal weight" rating for the company in a research report on Tuesday, August 11th. Piper Sandler cut shares of OppFi to a "neutral" rating in a research note on Wednesday, August 26th. Finally, Wall Street Zen lowered shares of OppFi from a "buy" rating to a "hold" rating in a research note on Sunday, August 16th. 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 data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $10.50.

Hedge Funds Weigh In On OppFi

Institutional investors and hedge funds have recently modified their holdings of the company. AXQ Capital LP purchased a new stake in OppFi during the second quarter valued at $426,000. PL Capital Advisors LLC purchased a new position in OppFi in the second quarter worth about $2,979,000. Wellington Management Group LLP boosted its position in OppFi by 14.8% in the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company's stock worth $29,981,000 after purchasing an additional 389,082 shares during the last quarter. Globeflex Capital L P purchased a new position in OppFi in the second quarter worth about $3,240,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of OppFi during the 2nd quarter valued at about $891,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

OppFi Company Profile

OppFi Inc NYSE: OPFI is a financial technology company that provides access to credit for consumers who may have limited or impaired credit histories. Through its OppLoans platform, the company offers unsecured personal installment loans designed to help customers manage expenses, consolidate debt, or address other short-term financial needs.

OppFi uses technology, data analysis, and automated underwriting to evaluate applicants and facilitate loan applications through digital channels.

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