OppFi Inc. (NYSE:OPFI – Get Rating) CEO Todd G. Schwartz bought 14,848 shares of the company’s stock in a transaction dated Thursday, May 12th. The shares were purchased at an average price of $2.62 per share, with a total value of $38,901.76. Following the completion of the acquisition, the chief executive officer now owns 44,544 shares of the company’s stock, valued at approximately $116,705.28. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of NYSE OPFI opened at $2.94 on Tuesday. OppFi Inc. has a fifty-two week low of $2.46 and a fifty-two week high of $11.40. The company has a 50 day simple moving average of $3.25 and a two-hundred day simple moving average of $3.76.
OppFi (NYSE:OPFI – Get Rating) last announced its earnings results on Thursday, May 5th. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01. On average, sell-side analysts anticipate that OppFi Inc. will post 0.61 EPS for the current year.
Several institutional investors and hedge funds have recently made changes to their positions in OPFI. Sciencast Management LP bought a new stake in shares of OppFi during the first quarter valued at approximately $50,000. Vestor Capital LLC bought a new stake in shares of OppFi during the third quarter valued at approximately $77,000. Renaissance Technologies LLC bought a new stake in shares of OppFi during the first quarter valued at approximately $95,000. State Street Corp increased its position in shares of OppFi by 10.8% during the first quarter. State Street Corp now owns 44,634 shares of the company’s stock valued at $153,000 after acquiring an additional 4,334 shares in the last quarter. Finally, Elgethun Capital Management increased its position in shares of OppFi by 14.8% during the first quarter. Elgethun Capital Management now owns 688,439 shares of the company’s stock valued at $2,361,000 after acquiring an additional 88,782 shares in the last quarter. 4.54% of the stock is owned by institutional investors.
About OppFi (Get Rating)
OppFi Inc operates a financial technology platform that allows banks to offer lending products. Its platform facilitates the OppLoan, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. The company is based in Chicago, Illinois.
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