90,294 Shares in OppFi Inc. (NYSE:OPFI) Acquired by Jump Financial LLC

Jump Financial LLC purchased a new stake in OppFi Inc. (NYSE:OPFI - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 90,294 shares of the company's stock, valued at approximately $692,000. Jump Financial LLC owned about 0.10% of OppFi as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the business. Renaissance Technologies LLC increased its stake in OppFi by 52.6% in the fourth quarter. Renaissance Technologies LLC now owns 826,115 shares of the company's stock valued at $6,328,000 after purchasing an additional 284,900 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of OppFi by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 412,361 shares of the company's stock valued at $3,160,000 after acquiring an additional 11,239 shares during the last quarter. Globeflex Capital L P lifted its holdings in shares of OppFi by 191.8% during the 4th quarter. Globeflex Capital L P now owns 187,796 shares of the company's stock worth $1,439,000 after acquiring an additional 123,438 shares during the period. Los Angeles Capital Management LLC boosted its position in shares of OppFi by 97.6% in the fourth quarter. Los Angeles Capital Management LLC now owns 148,344 shares of the company's stock worth $1,136,000 after acquiring an additional 73,258 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in OppFi by 272.6% in the fourth quarter. JPMorgan Chase & Co. now owns 136,308 shares of the company's stock valued at $1,044,000 after purchasing an additional 99,723 shares during the period. Hedge funds and other institutional investors own 7.10% of the company's stock.

Insider Activity at OppFi

In other news, insider Christopher J. Mckay sold 10,377 shares of the business's stock in a transaction dated Thursday, April 3rd. The shares were sold at an average price of $9.00, for a total value of $93,393.00. Following the completion of the sale, the insider now owns 248,175 shares of the company's stock, valued at approximately $2,233,575. The trade was a 4.01 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Theodore G. Schwartz sold 79,559 shares of the stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $9.13, for a total transaction of $726,373.67. Following the transaction, the director now directly owns 186,737 shares in the company, valued at $1,704,908.81. The trade was a 29.88 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 864,831 shares of company stock valued at $8,091,846. Corporate insiders own 84.00% of the company's stock.

Analyst Ratings Changes

OPFI has been the topic of a number of research analyst reports. JMP Securities lowered shares of OppFi from an "outperform" rating to a "market perform" rating in a report on Wednesday, February 12th. Citizens Jmp lowered OppFi from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Finally, Northland Securities set a $13.00 price objective on OppFi in a research note on Thursday, March 6th.

OppFi Trading Up 5.7 %

NYSE:OPFI opened at $8.44 on Wednesday. The firm's fifty day simple moving average is $9.58 and its 200 day simple moving average is $8.76. OppFi Inc. has a twelve month low of $2.56 and a twelve month high of $17.73. The firm has a market capitalization of $729.09 million, a price-to-earnings ratio of 52.74 and a beta of 1.61.

OppFi (NYSE:OPFI - Get Free Report) last issued its quarterly earnings data on Wednesday, March 5th. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.09. The company had revenue of $135.72 million for the quarter, compared to analysts' expectations of $133.50 million. OppFi had a return on equity of 35.04% and a net margin of 1.40%. During the same quarter in the previous year, the firm posted $0.10 earnings per share. On average, analysts predict that OppFi Inc. will post 0.86 earnings per share for the current year.

OppFi Announces Dividend

The company also recently announced a special dividend, which was paid on Friday, April 18th. Stockholders of record on Tuesday, April 8th were paid a $0.25 dividend. The ex-dividend date was Tuesday, April 8th.

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.

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