OppFi Inc. (NYSE:OPFI – Get Ranking) Director Theodore G. Schwartz acquired 6,066 shares of the inventory in a transaction dated Wednesday, August 17th. The shares had been purchased at a median value of $2.55 per share, with a complete worth of $15,468.30. Following the completion of the acquisition, the director now straight owns 208,805 shares within the firm, valued at $532,452.75. The transaction was disclosed in a submitting with the Securities & Change Fee, which is offered at this hyperlink.

OppFi Inventory Efficiency

OppFi inventory traded down $0.11 throughout buying and selling on Friday, reaching $2.44. 189,169 shares of the corporate’s inventory had been exchanged, in comparison with its common quantity of 272,341. The corporate’s 50-day transferring common is $3.21 and its two-hundred day transferring common is $3.34. OppFi Inc. has a 52-week low of $2.42 and a 52-week excessive of $10.40. The agency has a market cap of $267.64 million, a price-to-earnings ratio of 1.17 and a beta of 0.21.

Institutional Buying and selling of OppFi

Various institutional traders have not too long ago added to or decreased their stakes within the enterprise. State Road Corp lifted its holdings in OppFi by 10.8% within the 1st quarter. State Road Corp now owns 44,634 shares of the corporate’s inventory price $153,00Zero after shopping for a further 4,334 shares within the final quarter. JPMorgan Chase & Co. lifted its holdings in OppFi by 479.7% within the 2nd quarter. JPMorgan Chase & Co. now owns 8,696 shares of the corporate’s inventory price $29,00Zero after shopping for a further 7,196 shares within the final quarter. Elgethun Capital Administration lifted its holdings in OppFi by 1.2% within the 2nd quarter. Elgethun Capital Administration now owns 696,980 shares of the corporate’s inventory price $2,246,00Zero after shopping for a further 8,541 shares within the final quarter. Virtu Monetary LLC acquired a brand new place in OppFi within the 1st quarter price $43,000. Lastly, Knightsbridge Asset Administration LLC acquired a brand new place in OppFi within the 2nd quarter price $43,000. 4.54% of the inventory is owned by hedge funds and different institutional traders.

Wall Road Analyst Weigh In

OPFI has been the topic of a number of analysis stories. DA Davidson lower shares of OppFi from a “purchase” score to a “impartial” score and lowered their worth goal for the corporate from $6.00 to $3.00 in a analysis word on Thursday, August 11th. JMP Securities decreased their worth goal on shares of OppFi from $6.00 to $5.00 and set a “market outperform” score for the corporate in a analysis report on Friday, July 15th. Lastly, Needham & Firm LLC decreased their worth goal on shares of OppFi from $4.50 to $4.00 and set a “purchase” score for the corporate in a analysis report on Wednesday, August 10th.

About OppFi

(Get Ranking)

OppFi Inc operates a monetary expertise platform that permits banks to supply lending merchandise. Its platform facilitates the OppLoan, an installment mortgage product; SalaryTap, a payroll deduction secured installment mortgage product; and OppFi Card, a bank card product. The corporate relies in Chicago, Illinois.

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