Todd Schwartz Buys 3,475 Shares of OppFi (NYSE:OPFI) Stock

Key Points

• CEO Todd Schwartz bought 3,475 OppFi shares at an average price of $7.41, investing $25,749.75 and increasing his ownership to 629,858 shares.
• OppFi shares traded around $7.55, near the lower end of their 12-month range, after the company reported quarterly EPS of $0.33—below the $0.44 analyst estimate—and revenue of $86.17 million.
• Analyst sentiment is mixed, with an overall “Hold” rating and an average price target of $10.50; institutional investors own 7.10% of the company.

OppFi Inc. (NYSE:OPFI - Get Free Report) CEO Todd Schwartz purchased 3,475 shares of the business's stock in a transaction on Tuesday, September 8th. The shares were purchased at an average cost of $7.41 per share, for a total transaction of $25,749.75. Following the transaction, the chief executive officer owned 629,858 shares of the company's stock, valued at $4,667,247.78. This trade represents a 0.55% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

OppFi Stock Performance

OppFi stock traded up $0.15 during midday trading on Wednesday, hitting $7.55. 2,120,345 shares of the company's stock were exchanged, compared to its average volume of 664,563. The firm's 50 day simple moving average is $8.48 and its 200 day simple moving average is $8.55. OppFi Inc. has a 12-month low of $6.50 and a 12-month high of $12.45. The stock has a market cap of $643.66 million, a price-to-earnings ratio of 4.00 and a beta of 1.76.

OppFi (NYSE:OPFI - Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.11). OppFi had a return on equity of 30.89% and a net margin of 16.64%.The company 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. On average, equities research analysts forecast that OppFi Inc. will post 1.4 EPS for the current fiscal year.

Analyst Ratings Changes

OPFI has been the subject of a number of research analyst reports. UBS Group set a $11.00 price target on shares of OppFi in a report on Wednesday, August 26th. Citizens Jmp reiterated a "market outperform" rating and set a $11.00 target price on shares of OppFi in a research report on Wednesday, August 26th. Wall Street Zen lowered shares of OppFi from a "buy" rating to a "hold" rating in a research report on Sunday, August 16th. Weiss Ratings reissued a "hold (c)" rating on shares of OppFi in a research note on Friday, August 7th. Finally, Piper Sandler downgraded OppFi to a "neutral" rating in a research report on Wednesday, August 26th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $10.50.

Institutional Trading of OppFi

A number of hedge funds have recently bought and sold shares of OPFI. Wellington Management Group LLP grew its position in shares of OppFi by 14.8% in the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company's stock valued at $29,981,000 after purchasing an additional 389,082 shares during the period. Vanguard Group Inc. increased its stake in shares of OppFi by 6.8% during the 3rd quarter. Vanguard Group Inc. now owns 1,583,772 shares of the company's stock valued at $17,944,000 after acquiring an additional 100,320 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in OppFi by 163.2% in the third quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company's stock valued at $8,840,000 after purchasing an additional 483,859 shares during the period. Nuveen LLC boosted its holdings in shares of OppFi by 53.8% in the 4th quarter. Nuveen LLC now owns 754,039 shares of the company's stock valued at $7,887,000 after purchasing an additional 263,744 shares during the last quarter. Finally, Two Sigma Investments LP increased its holdings in shares of OppFi by 14.3% during the 3rd quarter. Two Sigma Investments LP now owns 646,099 shares of the company's stock worth $7,320,000 after buying an additional 80,804 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company's stock.

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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