OppFi Inc. (NYSE:OPFI - Get Free Report) CEO Todd Schwartz acquired 3,500 shares of OppFi stock in a transaction on Friday, August 28th. The shares were bought at an average price of $7.15 per share, with a total value of $25,025.00. Following the completion of the transaction, the chief executive officer directly owned 608,783 shares of the company's stock, valued at $4,352,798.45. This trade represents a 0.58% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.
OppFi Stock Down 2.0%
OPFI stock opened at $6.93 on Tuesday. OppFi Inc. has a 52 week low of $6.50 and a 52 week high of $12.45. The firm has a 50-day simple moving average of $8.71 and a 200-day simple moving average of $8.63. The stock has a market capitalization of $590.51 million, a P/E ratio of 3.67 and a beta of 1.77.
OppFi (NYSE:OPFI - Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.11). OppFi had a net margin of 16.64% and a return on equity of 30.89%. The company had revenue of $86.17 million during 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, analysts expect that OppFi Inc. will post 1.4 earnings per share for the current year.
Analysts Set New Price Targets
Several analysts recently commented on the company. Citigroup reiterated a "market outperform" rating on shares of OppFi in a research report on Tuesday, August 11th. Zacks Research cut shares of OppFi from a "hold" rating to a "strong sell" rating in a research note on Wednesday, August 26th. UBS Group set a $11.00 target price on shares of OppFi in a research report on Wednesday, August 26th. Citizens Jmp reissued a "market outperform" rating and issued a $11.00 price target on shares of OppFi in a research note on Wednesday, August 26th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of OppFi in a research report on Friday, August 7th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $10.50.
Check Out Our Latest Stock Report on OppFi
Hedge Funds Weigh In On OppFi
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System increased its stake in shares of OppFi by 145.3% in the 2nd quarter. California State Teachers Retirement System now owns 3,545 shares of the company's stock worth $357,000 after acquiring an additional 2,100 shares during the last quarter. AXQ Capital LP purchased a new stake in shares of OppFi in the second quarter valued at about $426,000. PL Capital Advisors LLC acquired a new stake in OppFi during the second quarter worth about $2,979,000. Wellington Management Group LLP raised its stake in OppFi by 14.8% during the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company's stock worth $29,981,000 after purchasing an additional 389,082 shares during the period. Finally, Globeflex Capital L P purchased a new position in OppFi during the second quarter worth about $3,240,000. Institutional investors and hedge funds own 7.10% of the company's stock.
About OppFi
(
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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