OppFi Inc. (NYSE:OPFI – Get Rating) Director Theodore G. Schwartz bought 5,654 shares of the business's stock in a transaction that occurred on Friday, December 2nd. The shares were acquired at an average price of $2.53 per share, with a total value of $14,304.62. Following the transaction, the director now directly owns 427,278 shares of the company's stock, valued at approximately $1,081,013.34. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
OppFi Price Performance
NYSE:OPFI opened at $2.38 on Thursday. The firm has a market capitalization of $260.80 million, a price-to-earnings ratio of 2.43 and a beta of 0.50. OppFi Inc. has a 1 year low of $1.87 and a 1 year high of $6.68. The business has a 50 day simple moving average of $2.28 and a 200-day simple moving average of $2.76.
Get OppFi alerts:Wall Street Analyst Weigh In
A number of equities analysts recently commented on OPFI shares. JMP Securities dropped their price target on OppFi from $4.50 to $3.00 and set a "market outperform" rating for the company in a research note on Friday, November 11th. Needham & Company LLC dropped their price target on OppFi from $4.00 to $3.00 and set a "buy" rating for the company in a research note on Friday, November 11th. Finally, DA Davidson lowered OppFi from a "buy" rating to a "neutral" rating and dropped their price target for the company from $6.00 to $3.00 in a research note on Thursday, August 11th.
Institutional Investors Weigh In On OppFi
Institutional investors have recently modified their holdings of the stock. Elgethun Capital Management lifted its stake in shares of OppFi by 1.2% in the 2nd quarter. Elgethun Capital Management now owns 696,980 shares of the company's stock valued at $2,246,000 after purchasing an additional 8,541 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of OppFi by 20.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 30,259 shares of the company's stock valued at $70,000 after purchasing an additional 5,134 shares during the last quarter. Rhumbline Advisers bought a new stake in shares of OppFi in the 2nd quarter valued at approximately $62,000. Virtu Financial LLC bought a new stake in shares of OppFi in the 1st quarter valued at approximately $43,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of OppFi by 479.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,696 shares of the company's stock valued at $29,000 after purchasing an additional 7,196 shares during the last quarter. 3.62% of the stock is owned by institutional investors.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.
Featured Articles
- Get a free copy of the StockNews.com research report on OppFi (OPFI)
- Why You Should Avoid Carvana Even if it Avoids Bankruptcy
- Are Investors Hearing The End Of Spotify's Downtrend?
- The Question of a Fed Pivot Isn't If, It's When, Here's Why
- Top 10 Searched Stocks on MarketBeat All-Access
- 3 Dividend Kings With Royally Good Upside
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.