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.
Check Out Our Latest Report on OppFi
Institutional Investors Weigh In On OppFi
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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
(
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.
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