OppFi Inc. (NYSE:OPFI - Get Free Report) Director Jocelyn Moore sold 8,190 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $8.53, for a total value of $69,860.70. Following the completion of the transaction, the director directly owned 39,076 shares of the company's stock, valued at $333,318.28. This represents a 17.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
OppFi Stock Up 0.3%
OPFI opened at $8.31 on Tuesday. OppFi Inc. has a 52 week low of $7.54 and a 52 week high of $15.03. The stock has a market cap of $717.22 million, a PE ratio of -75.50 and a beta of 1.73. The business has a 50 day moving average of $9.39 and a 200-day moving average of $10.04.
OppFi (NYSE:OPFI - Get Free Report) last issued its quarterly earnings results on Wednesday, March 11th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.02. The company had revenue of $85.57 million for the quarter, compared to analysts' expectations of $159.80 million. OppFi had a return on equity of 45.42% and a net margin of 4.41%.OppFi has set its FY 2026 guidance at 1.760-1.840 EPS. Equities analysts anticipate that OppFi Inc. will post 0.86 EPS for the current year.
Analysts Set New Price Targets
Several research analysts recently issued reports on OPFI shares. Weiss Ratings reiterated a "sell (d+)" rating on shares of OppFi in a research note on Monday, December 29th. Zacks Research lowered shares of OppFi from a "strong-buy" rating to a "hold" rating in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $14.00.
Check Out Our Latest Stock Analysis on OppFi
Hedge Funds Weigh In On OppFi
A number of hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP increased its stake in OppFi by 193.3% during the 4th quarter. Wellington Management Group LLP now owns 2,474,102 shares of the company's stock valued at $25,879,000 after purchasing an additional 1,630,450 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of OppFi by 163.2% in the third quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company's stock worth $8,840,000 after buying an additional 483,859 shares in the last quarter. Jump Financial LLC bought a new position in shares of OppFi in the third quarter worth approximately $3,056,000. Nuveen LLC grew its holdings in shares of OppFi by 53.8% during the fourth quarter. Nuveen LLC now owns 754,039 shares of the company's stock valued at $7,887,000 after buying an additional 263,744 shares during the last quarter. Finally, Squarepoint Ops LLC grew its holdings in shares of OppFi by 342.0% during the third quarter. Squarepoint Ops LLC now owns 291,197 shares of the company's stock valued at $3,299,000 after buying an additional 225,315 shares during the last quarter. Institutional investors own 7.10% of the company's stock.
OppFi Company Profile
(
Get Free Report)
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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