OppFi Inc. (NYSE:OPFI) Director David Vennettilli Sells 30,762 Shares

OppFi Inc. (NYSE:OPFI) Director David Vennettilli sold 30,762 shares of OppFi stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $9.09, for a total transaction of $279,626.58. Following the sale, the director now owns 90,762 shares of the company’s stock, valued at approximately $825,026.58. The trade was a 25.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

David Vennettilli also recently made the following trade(s):

• On Friday, March 7th, David Vennettilli sold 43,238 shares of OppFi stock. The shares were sold at an average price of $9.45, for a total transaction of $408,599.10.

OppFi Stock Performance

Shares of OPFI opened at $8.88 on Friday. The firm has a market cap of $765.15 million, a price-to-earnings ratio of 55.47 and a beta of 1.63. OppFi Inc. has a fifty-two week low of $2.35 and a fifty-two week high of $17.73. The firm has a 50 day moving average price of $11.50 and a 200-day moving average price of $7.82.

OppFi (NYSE:OPFI) last announced its quarterly earnings data on Wednesday, March 5th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.09. OppFi had a net margin of 1.40% and a return on equity of 35.04%. The firm had revenue of $135.72 million during the quarter, compared to analyst estimates of $133.50 million. During the same period in the previous year, the business posted $0.10 EPS. As a group, equities research analysts predict that OppFi Inc. will post 0.86 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Ancora Advisors LLC purchased a new position in shares of OppFi in the fourth quarter worth $65,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of OppFi by 8.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,801 shares of the company’s stock worth $83,000 after buying an additional 866 shares during the period. Mariner LLC purchased a new position in shares of OppFi in the fourth quarter worth $93,000. Quadrature Capital Ltd purchased a new position in shares of OppFi in the third quarter worth $60,000. Finally, MetLife Investment Management LLC purchased a new position in shares of OppFi in the fourth quarter worth $98,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Citizens Jmp lowered shares of OppFi from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th. Northland Securities set a $13.00 target price on shares of OppFi in a research report on Thursday, March 6th. Finally, JMP Securities lowered shares of OppFi from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 12th.

OppFi Company Profile

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.