Todd Schwartz Buys 1,940 Shares of OppFi (NYSE:OPFI) Stock

Key Points

• CEO Todd Schwartz purchased 1,940 OppFi shares at $7.80 each, investing $15,132 and increasing his ownership to 641,898 shares.
• OppFi shares fell 7.6% to $7.19, while the company’s latest quarterly results missed analyst expectations, reporting $0.33 in EPS versus $0.44 expected.
• Analyst sentiment is mixed but leans toward Hold: the consensus target price is $10.50, with recent downgrades including a Zacks “strong sell” rating and a Piper Sandler “neutral” rating.

OppFi Inc. (NYSE:OPFI - Get Free Report) CEO Todd Schwartz acquired 1,940 shares of the business's stock in a transaction dated Monday, September 14th. The stock was acquired at an average cost of $7.80 per share, with a total value of $15,132.00. Following the completion of the transaction, the chief executive officer owned 641,898 shares of the company's stock, valued at approximately $5,006,804.40. The trade was a 0.30% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

OppFi Stock Down 7.6%

Shares of NYSE OPFI traded down $0.59 during mid-day trading on Tuesday, reaching $7.19. 1,075,576 shares of the company were exchanged, compared to its average volume of 673,079. The company's 50-day simple moving average is $8.29 and its 200-day simple moving average is $8.52. The stock has a market capitalization of $612.30 million, a P/E ratio of 3.80 and a beta of 1.76. OppFi Inc. has a twelve month low of $6.50 and a twelve month high of $12.45.

OppFi (NYSE:OPFI - Get Free Report) last announced its quarterly 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). The company had revenue of $86.17 million during the quarter, compared to analyst estimates 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 research analysts expect that OppFi Inc. will post 1.4 EPS for the current year.

Hedge Funds Weigh In On OppFi

Hedge funds have recently added to or reduced their stakes in the stock. Moran Wealth Management LLC acquired a new position in OppFi in the first quarter valued at about $84,000. Lazard Asset Management LLC acquired a new stake in OppFi during the first quarter worth about $91,000. Sei Investments Co. bought a new position in OppFi in the 1st quarter valued at about $123,000. Hsbc Holdings PLC increased its holdings in OppFi by 46.8% in the 1st quarter. Hsbc Holdings PLC now owns 16,539 shares of the company's stock valued at $127,000 after buying an additional 5,269 shares during the period. Finally, AXQ Capital LP raised its position in shares of OppFi by 19.5% in the 4th quarter. AXQ Capital LP now owns 15,113 shares of the company's stock valued at $158,000 after buying an additional 2,470 shares in the last quarter. Institutional investors own 7.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on OPFI. Wall Street Zen cut OppFi from a "buy" rating to a "hold" rating in a report on Sunday, August 16th. Zacks Research downgraded OppFi from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 26th. UBS Group set a $11.00 target price on shares of OppFi in a research report on Wednesday, August 26th. Piper Sandler downgraded shares of OppFi to a "neutral" rating in a research note on Wednesday, August 26th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of OppFi in a research report on Friday, August 7th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $10.50.

About OppFi

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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