OppFi (NYSE:OPFI) CEO Todd Schwartz Buys 20,000 Shares

Key Points

• CEO Todd Schwartz purchased 20,000 OppFi shares at an average price of $7.20, investing $144,000 and increasing his stake by 3.61% to 573,733 shares.
• OppFi shares traded at $7.16, near the lower end of their 52-week range of $6.50 to $12.45. The company has a market capitalization of approximately $610 million.
• OppFi’s latest quarterly results missed analyst expectations, reporting $0.33 in earnings per share versus $0.44 expected and revenue of $86.17 million versus estimates of $155.89 million; analysts’ consensus rating remains Hold, with a $10.25 price target.

OppFi Inc. (NYSE:OPFI - Get Free Report) CEO Todd Schwartz bought 20,000 shares of the business's stock in a transaction on Friday, August 14th. The shares were acquired at an average price of $7.20 per share, for a total transaction of $144,000.00. Following the completion of the transaction, the chief executive officer owned 573,733 shares in the company, valued at approximately $4,130,877.60. This trade represents a 3.61% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

OppFi Trading Up 0.4%

Shares of NYSE:OPFI traded up $0.03 during trading on Friday, hitting $7.16. 1,013,035 shares of the company's stock were exchanged, compared to its average volume of 1,021,362. OppFi Inc. has a 1-year low of $6.50 and a 1-year high of $12.45. The firm has a 50-day moving average price of $8.99 and a two-hundred day moving average price of $8.81. The firm has a market cap of $610.02 million, a P/E ratio of 3.79 and a beta of 1.77.

OppFi (NYSE:OPFI - Get Free Report) last announced its quarterly earnings data 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). OppFi had a net margin of 16.64% and a return on equity of 30.89%. The business had revenue of $86.17 million during the quarter, compared to analyst estimates of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, research analysts predict that OppFi Inc. will post 1.4 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quarry LP increased its holdings in shares of OppFi by 669.2% in the third quarter. Quarry LP now owns 3,492 shares of the company's stock worth $40,000 after acquiring an additional 3,038 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of OppFi by 217.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company's stock valued at $65,000 after purchasing an additional 3,207 shares in the last quarter. Moran Wealth Management LLC acquired a new position in shares of OppFi in the 1st quarter valued at approximately $84,000. Lazard Asset Management LLC bought a new stake in OppFi during the 1st quarter worth approximately $91,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in OppFi during the 4th quarter worth approximately $95,000. 7.10% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Weiss Ratings restated a "hold (c)" rating on shares of OppFi in a research report on Friday, August 7th. Citigroup reissued a "market outperform" rating on shares of OppFi in a research note on Tuesday. Zacks Research lowered OppFi from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 28th. Citizens Jmp lowered their price target on OppFi from $15.00 to $11.00 and set a "market outperform" rating for the company in a research note on Tuesday. Finally, Wall Street Zen cut OppFi from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $10.25.

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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