Key Points
- OppFi director Jocelyn Moore sold 4,464 shares on Dec. 11 at an average price of $10.91, cutting her stake by 8.63% to 47,266 shares valued at about $515,672.
- The company reported a quarter of $0.46 EPS (vs. $0.31 consensus) and $155.09M revenue (vs. $153.42M), and set FY 2025 guidance of 1.540–1.600 EPS.
- Shares opened at $10.65 and were trading down ~4%, with a market cap of $919.3M, a negative P/E, and mixed analyst ratings but a consensus of Moderate Buy and an average price target of $13.63.
OppFi Inc. (NYSE:OPFI - Get Free Report) Director Jocelyn Moore sold 4,464 shares of the business's stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $10.91, for a total value of $48,702.24. Following the sale, the director directly owned 47,266 shares in the company, valued at $515,672.06. This trade represents a 8.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
OppFi Trading Down 4.0%
Shares of OPFI opened at $10.65 on Tuesday. The business's 50-day moving average price is $9.91 and its 200 day moving average price is $11.09. The stock has a market capitalization of $919.30 million, a P/E ratio of -14.19 and a beta of 1.69. OppFi Inc. has a 1-year low of $6.81 and a 1-year high of $17.73.
OppFi (NYSE:OPFI - Get Free Report) last released its earnings results on Wednesday, October 29th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.15. OppFi had a net margin of 0.68% and a return on equity of 55.59%. The business had revenue of $155.09 million for the quarter, compared to the consensus estimate of $153.42 million. OppFi has set its FY 2025 guidance at 1.540-1.600 EPS. On average, research analysts predict that OppFi Inc. will post 0.86 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on OPFI. Zacks Research upgraded OppFi from a "hold" rating to a "strong-buy" rating in a report on Tuesday, November 4th. Weiss Ratings reissued a "sell (d+)" rating on shares of OppFi in a research note on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $13.63.
Check Out Our Latest Stock Analysis on OppFi
Hedge Funds Weigh In On OppFi
Several institutional investors have recently bought and sold shares of OPFI. Tudor Investment Corp ET AL increased its holdings in shares of OppFi by 0.5% during the 3rd quarter. Tudor Investment Corp ET AL now owns 523,289 shares of the company's stock valued at $5,929,000 after acquiring an additional 2,532 shares during the last quarter. Tcfg Wealth Management LLC grew its holdings in OppFi by 40.6% during the third quarter. Tcfg Wealth Management LLC now owns 14,974 shares of the company's stock valued at $170,000 after purchasing an additional 4,325 shares during the last quarter. PDT Partners LLC grew its holdings in OppFi by 609.5% during the third quarter. PDT Partners LLC now owns 250,343 shares of the company's stock valued at $2,836,000 after purchasing an additional 215,060 shares during the last quarter. PharVision Advisers LLC bought a new position in shares of OppFi in the third quarter valued at approximately $217,000. Finally, Sherbrooke Park Advisers LLC bought a new stake in shares of OppFi during the 3rd quarter worth $201,000. 7.10% of the stock is currently owned by institutional investors.
OppFi Company Profile
(
Get Free Report)
OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.
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