OppFi Inc. (NYSE:OPFI) CEO buys $29,546.88 worth of stock


Opfi Inc. (NYSE: OPFIGet a rating) CEO Todd G. Schwartz bought 8,394 shares of the company in a trade on Thursday, May 26. The shares were purchased at an average cost of $3.52 per share, for a total transaction of $29,546.88. Following completion of the transaction, the CEO now directly owns 105,134 shares of the company, valued at approximately $370,071.68. The transaction was disclosed in a legal filing with the SEC, which is available via this hyperlink.

Shares of OPFI shares on Friday, it fell $0.13 to $3.40. The company’s stock had a trading volume of 145,780 shares, compared to an average volume of 321,172. The stock’s 50-day moving average is $3.21 and its 200-day moving average is 3, $69. OppFi Inc. has a fifty-two week low of $2.46 and a fifty-two week high of $11.40.

OpFi (NYSE: OPFIGet a rating) last released its quarterly results on Thursday, May 5. The company reported EPS of $0.01 for the quarter, matching the consensus estimate of $0.01. On average, analysts expect OppFi Inc. to post 0.61 EPS for the current year.

Several equity analysts have recently weighed in on the stock. JMP Securities lowered its price target on OppFi shares from $10.00 to $6.00 and set a “market outperformance” rating on the stock in a Friday, March 11 research report. Needham & Company LLC lowered its price target on OppFi shares from $10.00 to $4.50 and set a “buy” rating on the stock in a research report on Friday, March 11. To finish, Zacks Investment Research upgraded OppFi shares from a “hold” rating to a “buy” rating and set a $3.25 price target on the stock in a Wednesday, May 18 research report. One analyst rated the stock with a hold rating and five gave the stock a buy rating. Based on data from MarketBeat.com, OppFi currently has an average rating of “Buy” and a consensus target price of $7.79.

Several hedge funds have recently increased or reduced their holdings in the stock. Virtu Financial LLC acquired a new stake in OppFi during the first quarter worth approximately $43,000. Sciencast Management LP acquired a new stake in OppFi during the first quarter worth approximately $50,000. Vestor Capital LLC acquired a new stake in OppFi during the third quarter worth approximately $77,000. Renaissance Technologies LLC acquired a new stake in OppFi during the first quarter worth approximately $95,000. Finally, State Street Corp increased its stake in OppFi by 10.8% during the first quarter. State Street Corp now owns 44,634 shares of the company worth $153,000 after buying an additional 4,334 shares last quarter. Institutional investors and hedge funds hold 4.54% of the company’s shares.

Opfi Company Profile (Get a rating)

OppFi Inc operates a financial technology platform that enables banks to offer loan products. Its platform facilitates OppLoan, an installment loan product; SalaryTap, an installment loan product secured by payroll deduction; and OppFi Card, a credit card product. The company is based in Chicago, Illinois.

See also

Insider buying and selling by quarter for OppFi (NYSE:OPFI)



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