OppFi Inc. (NYSE:OPFI) Director Theodore G. Schwartz Sells 105,606 Shares of Stock

OppFi Inc. (NYSE:OPFI) Director Theodore G. Schwartz sold 105,606 shares of the business’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $9.57, for a total transaction of $1,010,649.42. Following the completion of the sale, the director now directly owns 186,737 shares of the company’s stock, valued at $1,787,073.09. This represents a 36.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

OppFi Price Performance

Shares of NYSE:OPFI opened at $9.95 on Friday. The stock’s 50-day moving average is $11.67 and its 200 day moving average is $8.00. The company has a market cap of $857.40 million, a PE ratio of 62.16 and a beta of 1.63. OppFi Inc. has a 1 year low of $2.35 and a 1 year high of $17.73.

OppFi (NYSE:OPFI) last posted its earnings results on Wednesday, March 5th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.09. The firm had revenue of $135.72 million for the quarter, compared to analysts’ expectations of $133.50 million. OppFi had a return on equity of 35.04% and a net margin of 1.40%. During the same period in the previous year, the firm earned $0.10 earnings per share. Analysts expect that OppFi Inc. will post 0.86 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on OPFI shares. Northland Securities set a $13.00 target price on OppFi in a report on Thursday, March 6th. JMP Securities lowered OppFi from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 12th. Finally, Citizens Jmp downgraded shares of OppFi from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th.

Hedge Funds Weigh In On OppFi

A number of institutional investors have recently bought and sold shares of OPFI. Segall Bryant & Hamill LLC bought a new position in shares of OppFi in the 3rd quarter worth approximately $2,457,000. Quadrature Capital Ltd purchased a new stake in OppFi in the third quarter worth $60,000. Jane Street Group LLC raised its holdings in OppFi by 28.9% in the third quarter. Jane Street Group LLC now owns 25,842 shares of the company’s stock worth $122,000 after purchasing an additional 5,795 shares in the last quarter. XTX Topco Ltd purchased a new position in OppFi during the third quarter valued at $136,000. Finally, Barclays PLC boosted its holdings in shares of OppFi by 95.9% during the 3rd quarter. Barclays PLC now owns 42,141 shares of the company’s stock valued at $199,000 after buying an additional 20,630 shares in the last quarter. 7.10% of the stock is owned by institutional investors.

About OppFi

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.