OppFi Inc. (NYSE:OPFI - Get Free Report) Director David Vennettilli sold 22,301 shares of the company's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $7.68, for a total value of $171,271.68. Following the sale, the director now directly owns 121,524 shares of the company's stock, valued at approximately $933,304.32. This represents a 15.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
David Vennettilli also recently made the following trade(s):
- On Friday, November 8th, David Vennettilli sold 100,000 shares of OppFi stock. The shares were sold at an average price of $6.45, for a total value of $645,000.00.
OppFi Stock Up 0.7 %
Shares of NYSE OPFI opened at $7.73 on Thursday. The business has a fifty day simple moving average of $5.90 and a 200-day simple moving average of $4.57. The company has a market cap of $666.40 million, a price-to-earnings ratio of 48.32 and a beta of 1.45. OppFi Inc. has a 12 month low of $2.35 and a 12 month high of $8.54.
Institutional Investors Weigh In On OppFi
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Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in OppFi by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 823,916 shares of the company's stock worth $2,060,000 after acquiring an additional 5,218 shares in the last quarter. Jane Street Group LLC lifted its stake in OppFi by 28.9% in the 3rd quarter. Jane Street Group LLC now owns 25,842 shares of the company's stock worth $122,000 after acquiring an additional 5,795 shares in the last quarter. LB Partners LLC lifted its stake in OppFi by 1.3% in the 2nd quarter. LB Partners LLC now owns 920,970 shares of the company's stock worth $3,122,000 after acquiring an additional 11,948 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in OppFi in the 3rd quarter worth about $60,000. Finally, Geode Capital Management LLC increased its position in OppFi by 4.7% in the 3rd quarter. Geode Capital Management LLC now owns 401,122 shares of the company's stock worth $1,897,000 after purchasing an additional 18,149 shares during the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Separately, Northland Securities upped their target price on OppFi from $6.00 to $8.00 and gave the company an "outperform" rating in a report on Friday, November 8th.
View Our Latest Stock Analysis on OPFI
OppFi Company Profile
(
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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