Baader Bank Aktiengesellschaft Invests $195,000 in OppFi Inc. (NYSE:OPFI)

Baader Bank Aktiengesellschaft bought a new stake in OppFi Inc. (NYSE:OPFI - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 25,392 shares of the company's stock, valued at approximately $195,000.

A number of other institutional investors have also recently made changes to their positions in OPFI. Segall Bryant & Hamill LLC purchased a new position in shares of OppFi in the third quarter valued at $2,457,000. Los Angeles Capital Management LLC purchased a new position in OppFi during the 3rd quarter valued at about $355,000. Marshall Wace LLP increased its position in shares of OppFi by 24.2% during the second quarter. Marshall Wace LLP now owns 171,318 shares of the company's stock valued at $581,000 after buying an additional 33,347 shares during the period. XTX Topco Ltd purchased a new stake in shares of OppFi in the third quarter worth about $136,000. Finally, JPMorgan Chase & Co. boosted its position in shares of OppFi by 271.7% in the third quarter. JPMorgan Chase & Co. now owns 36,585 shares of the company's stock valued at $173,000 after acquiring an additional 26,742 shares during the period. Hedge funds and other institutional investors own 7.10% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Northland Securities boosted their price target on shares of OppFi from $8.00 to $10.00 and gave the company an "outperform" rating in a research report on Friday, December 13th.

OppFi Stock Up 8.7 %

Shares of NYSE OPFI traded up $1.20 during trading hours on Tuesday, reaching $14.97. 1,816,334 shares of the stock traded hands, compared to its average volume of 2,421,104. The company has a market capitalization of $1.29 billion, a P/E ratio of 93.57 and a beta of 1.56. The company's 50-day simple moving average is $9.09 and its two-hundred day simple moving average is $6.36. OppFi Inc. has a 52-week low of $2.35 and a 52-week high of $15.12.

OppFi (NYSE:OPFI - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.12. OppFi had a return on equity of 35.04% and a net margin of 1.40%. The company had revenue of $136.59 million during the quarter, compared to analyst estimates of $128.94 million. During the same quarter in the previous year, the company posted $0.16 EPS. As a group, sell-side analysts forecast that OppFi Inc. will post 0.86 earnings per share for the current fiscal year.

Insider Activity

In other news, Director David Vennettilli sold 100,000 shares of the firm's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $6.45, for a total value of $645,000.00. Following the completion of the sale, the director now directly owns 143,825 shares of the company's stock, valued at approximately $927,671.25. This trade represents a 41.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jocelyn Moore sold 23,149 shares of the firm's stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $6.70, for a total transaction of $155,098.30. Following the completion of the sale, the director now owns 99,072 shares of the company's stock, valued at $663,782.40. This trade represents a 18.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 145,450 shares of company stock valued at $971,370. Insiders own 84.00% of the company's stock.

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.