OppFi Inc. (NYSE:OPFI) Director Theodore G. Schwartz Purchases 7,271 Shares of Stock

OppFi Inc. (NYSE:OPFIGet Rating) Director Theodore G. Schwartz bought 7,271 shares of the stock in a transaction on Monday, November 21st. The stock was purchased at an average price of $2.46 per share, for a total transaction of $17,886.66. Following the purchase, the director now directly owns 381,328 shares of the company’s stock, valued at $938,066.88. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

OppFi Price Performance

OPFI traded up $0.01 on Thursday, hitting $2.49. The company had a trading volume of 73,512 shares, compared to its average volume of 87,790. The stock has a market cap of $272.85 million, a price-to-earnings ratio of 2.54 and a beta of 0.40. The company’s fifty day moving average price is $2.26 and its 200 day moving average price is $2.80. OppFi Inc. has a 1-year low of $1.87 and a 1-year high of $6.68.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on OPFI shares. JMP Securities reduced their price target on OppFi from $4.50 to $3.00 and set a “market outperform” rating for the company in a report on Friday, November 11th. Needham & Company LLC dropped their price target on shares of OppFi from $4.00 to $3.00 and set a “buy” rating on the stock in a research note on Friday, November 11th. Finally, DA Davidson lowered shares of OppFi from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $6.00 to $3.00 in a research note on Thursday, August 11th.

Hedge Funds Weigh In On OppFi

A number of institutional investors have recently modified their holdings of OPFI. Elgethun Capital Management boosted its holdings in shares of OppFi by 14.8% during the 1st quarter. Elgethun Capital Management now owns 688,439 shares of the company’s stock worth $2,361,000 after buying an additional 88,782 shares during the period. Renaissance Technologies LLC bought a new position in OppFi in the 1st quarter worth $95,000. State Street Corp lifted its position in 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 acquiring an additional 4,334 shares during the last quarter. Virtu Financial LLC acquired a new position in OppFi during the 1st quarter worth $43,000. Finally, JPMorgan Chase & Co. boosted its holdings in OppFi by 479.7% during the second quarter. JPMorgan Chase & Co. now owns 8,696 shares of the company’s stock valued at $29,000 after acquiring an additional 7,196 shares during the period. Institutional investors own 3.62% of the company’s stock.

About OppFi

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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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