OppFi Inc. (NYSE:OPFI) CEO Todd G. Schwartz Buys 14,848 Shares

OppFi Inc. (NYSE:OPFIGet 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:OPFIGet 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.

A number of research firms recently issued reports on OPFI. Needham & Company LLC decreased their price target on shares of OppFi from $10.00 to $4.50 and set a “buy” rating for the company in a research note on Friday, March 11th. Zacks Investment Research raised shares of OppFi from a “sell” rating to a “hold” rating in a research note on Thursday, May 12th. Finally, JMP Securities decreased their price target on shares of OppFi from $10.00 to $6.00 and set a “market outperform” rating for the company in a research note on Friday, March 11th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $8.33.

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.

Read More

Receive News & Ratings for OppFi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OppFi and related companies with MarketBeat.com's FREE daily email newsletter.