{
  "id": 719681,
  "title": "Oppfi CEO Todd Schwartz buys $422,988 in company stock",
  "url": "https://urgent.news/2026/08/13/oppfi-ceo-todd-schwartz-buys-422-988-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T01:31:12.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/oppfi-ceo-todd-schwartz-buys-422988-in-company-stock-93CH-4856516"
  },
  "original_language": "en",
  "account": "OppFi CEO Todd Schwartz acquired 60,000 shares of the company's Class A Common Stock on August 12, 2026, for a total of $422,988. The shares were bought at a weighted average price of $7.0498, with individual prices ranging from $6.90 to $7.17. After the purchase, Schwartz indirectly owns 493,733 shares through the TGS Revocable Trust. This acquisition follows a recent drop in OPFi stock price, which has fallen nearly 30% over the past week to $6.86. OPFi is engaging in aggressive share buybacks, and the stock appears undervalued based on Fair Value metrics, trading at a P/E ratio of just 3.22. Schwartz also indirectly owns a significant number of shares through TGS Capital Group, LP, and TGS MCS Capital Group LP. However, OppFi reported second-quarter results that fell short of expectations, with adjusted earnings of $0.33 per share on $145.17 million in revenue, missing analyst estimates of $0.46 per share and $156.51 million in revenue. The company's originations declined by 9% year over year to $212 million. OppFi plans to invest over $150 million in 2026 to expand its multi-product platform. Analysts have lowered their price targets for OppFi shares, citing lower-than-expected second-quarter volume and competitive pressures.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Western Digital CEO Irving Tan sells $8.9m in company stock",
        "url": "https://urgent.news/2026/08/13/western-digital-ceo-irving-tan-sells-8-9m-in-company-stock",
        "published": "2026-08-13T01:45:52.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}