OppFi Inc. (NYSE:OPFI) CEO Todd G. Schwartz Buys 12,178 Shares

OppFi Inc. (NYSE:OPFIGet Rating) CEO Todd G. Schwartz bought 12,178 shares of the stock in a transaction dated Friday, May 20th. The shares were acquired at an average price of $3.14 per share, for a total transaction of $38,238.92. Following the completion of the transaction, the chief executive officer now owns 91,577 shares of the company’s stock, valued at approximately $287,551.78. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

OppFi stock traded up $0.27 during midday trading on Monday, reaching $3.45. The company’s stock had a trading volume of 152,506 shares, compared to its average volume of 328,622. OppFi Inc. has a fifty-two week low of $2.46 and a fifty-two week high of $11.40. The stock’s 50 day simple moving average is $3.21 and its 200 day simple moving average is $3.70.

OppFi (NYSE:OPFIGet Rating) last released its earnings results on Thursday, May 5th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. Sell-side analysts predict that OppFi Inc. will post 0.61 EPS for the current year.

Several equities research analysts recently weighed in on the company. 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. Zacks Investment Research raised OppFi from a “hold” rating to a “buy” rating and set a $3.25 price target for the company in a report on Wednesday, May 18th. 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. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $7.79.

Large investors have recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new position in shares of OppFi during the 1st quarter worth $43,000. Sciencast Management LP acquired a new position in shares of OppFi during the 1st quarter worth $50,000. Vestor Capital LLC acquired a new position in shares of OppFi during the 3rd quarter worth $77,000. Renaissance Technologies LLC acquired a new position in shares of OppFi during the 1st quarter worth $95,000. Finally, State Street Corp raised its stake in shares of OppFi by 10.8% during the 1st quarter. State Street Corp now owns 44,634 shares of the company’s stock worth $153,000 after buying an additional 4,334 shares during the last quarter. 4.54% of the stock is owned by institutional investors and hedge funds.

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.

See Also

Insider Buying and Selling by Quarter for OppFi (NYSE:OPFI)

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.