OppFi Inc. (NYSE:OPFI) Director Theodore G. Schwartz Acquires 9,333 Shares

OppFi Inc. (NYSE:OPFI – Get Rating) Director Theodore G. Schwartz bought 9,333 shares of the firm’s stock in a transaction that occurred on Friday, May 13th. The stock was bought at an average price of $2.96 per share, with a total value of $27,625.68. Following the completion of the acquisition, the director now owns 53,877 shares of the company’s stock, valued at approximately $159,475.92. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

OPFI opened at $2.94 on Tuesday. The business’s 50-day simple moving average is $3.25 and its 200-day simple moving average is $3.76. OppFi Inc. has a one year low of $2.46 and a one year high of $11.40.

OppFi (NYSE:OPFI – Get Rating) last posted its earnings results on Thursday, May 5th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. As a group, equities research analysts anticipate that OppFi Inc. will post 0.61 EPS for the current year.

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

Several institutional investors and hedge funds have recently bought and sold shares of OPFI. 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 worth $2,361,000 after purchasing an additional 88,782 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of OppFi during the first quarter worth about $95,000. Sciencast Management LP acquired a new position in OppFi in the 1st quarter valued at about $50,000. Vestor Capital LLC acquired a new position in OppFi in the 3rd quarter valued at about $77,000. Finally, State Street Corp increased its position in OppFi by 10.8% in the 1st 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 during the period. Institutional investors and hedge funds own 4.54% of the company’s stock.

OppFi Company Profile (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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