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OppFi CEO Todd Schwartz buys $25,313 in company stock

OppFi CEO Todd Schwartz buys $25,313 in company stock

OppFi CEO Todd Schwartz acquired 3,350 shares of the company's Class A Common Stock on September 10, 2026, for a total value of $25,313. The shares were purchased at prices ranging from $7.5093 to $7.62 per share, with an average price of $7.5563 per share. Currently, the stock is trading at $7.98, up 7.6% over the past week despite a 24% year-to-date decline.

Mr. Schwartz indirectly owns a total of 1,910,723 shares through various trusts and groups. OppFi's shares appear undervalued, trading at a low earnings multiple with a P/E ratio of 3.71. However, the company's second-quarter results fell short of expectations, with earnings per share at $0.33 and revenue at $145.17 million, missing analyst estimates.

Additionally, revenue grew by 1.9% but adjusted net income fell by 27% to $29 million. Meanwhile, OppFi reported a slower decline in originations, down 9% to $212 million year-over-year. The company has adjusted its full-year 2026 guidance due to a delay in launching a new credit product and system migration issues. Despite these challenges, OppFi maintains a Market Outperform rating, with a price target lowered from $15.00 to $11.00.

The firm believes the potential upside from OppFi's acquisition of BNCCorp will outweigh current headwinds. The company is investing over $150 million in 2026 to develop a broader multi-product platform.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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