OppFi Inc. (NYSE:OPFI – Get 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
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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