OppFi Inc. (NYSE:OPFI – Get Free Report) Director Jocelyn Moore sold 23,149 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $6.70, for a total value of $155,098.30. Following the completion of the transaction, the director now directly owns 99,072 shares in the company, valued at $663,782.40. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
OppFi Price Performance
NYSE:OPFI opened at $6.75 on Thursday. The firm has a 50-day moving average of $4.95 and a two-hundred day moving average of $4.08. The stock has a market cap of $582.19 million, a P/E ratio of 42.19 and a beta of 1.20. OppFi Inc. has a 1-year low of $2.35 and a 1-year high of $7.16.
Analyst Ratings Changes
Separately, Northland Securities increased their price objective on shares of OppFi from $6.00 to $8.00 and gave the company an “outperform” rating in a research report on Friday, November 8th.
Institutional Investors Weigh In On OppFi
Several hedge funds and other institutional investors have recently bought and sold shares of OPFI. Acadian Asset Management LLC bought a new stake in shares of OppFi in the 1st quarter worth about $51,000. Brendel Financial Advisors LLC acquired a new position in OppFi in the third quarter worth about $105,000. Bank of New York Mellon Corp increased its holdings in OppFi by 120.5% in the second quarter. Bank of New York Mellon Corp now owns 36,690 shares of the company’s stock valued at $124,000 after buying an additional 20,048 shares during the last quarter. Heron Bay Capital Management raised its stake in OppFi by 18.5% during the first quarter. Heron Bay Capital Management now owns 45,788 shares of the company’s stock valued at $114,000 after buying an additional 7,141 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in OppFi during the 3rd quarter worth approximately $355,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.
About OppFi
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.
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