1 day Ago By ABMN Staff
OppFi Inc. ( NYSE:OPFI – Get Free Report ) Director Theodore G. Schwartz sold 124,788 shares of the company’s stock in a transaction dated Thursday, March 27th.
The stock was sold at an average price of $9.31, for a total transaction of $1,161,776.28.
Following the sale, the director now directly owns 186,737 shares in the company, valued at $1,738,521.47. This represents a 40.
06 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link . OppFi Price Performance OPFI opened at $9.
51 on Monday. The stock has a market capitalization of $821.28 million, a P/E ratio of 59.
41 and a beta of 1.63. The company’s 50 day simple moving average is $11.
59 and its 200-day simple moving average is $8.29. OppFi Inc.
has a one year low of $2.38 and a one year high of $17.73.
OppFi ( NYSE:OPFI – Get Free Report ) last announced its quarterly earnings data on Wednesday, March 5th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.
14 by $0.09. The firm had revenue of $135.
72 million for the quarter, compared to analyst estimates of $133.50 million. OppFi had a return on equity of 35.
04% and a net margin of 1.40%. During the same period last year, the company earned $0.
10 EPS. As a group, analysts anticipate that OppFi Inc. will post 0.
86 EPS for the current year. OppFi Announces Dividend Institutional Inflows and Outflows Several hedge funds have recently modified their holdings of OPFI. Quadrature Capital Ltd acquired a new position in OppFi in the third quarter valued at approximately $60,000.
Ancora Advisors LLC bought a new stake in shares of OppFi during the 4th quarter valued at $65,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of OppFi by 8.
7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,801 shares of the company’s stock valued at $83,000 after purchasing an additional 866 shares during the period.
Mariner LLC acquired a new stake in shares of OppFi during the fourth quarter worth $93,000. Finally, MetLife Investment Management LLC bought a new stake in OppFi in the fourth quarter valued at about $98,000. Institutional investors own 7.
10% of the company’s stock. Analyst Upgrades and Downgrades Several research analysts have recently commented on the company. 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 lowered OppFi from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th.
Read Our Latest Stock Analysis on OPFI About OppFi ( Get Free Report ) 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.
Further Reading 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 ..
