OppFi CEO Todd Schwartz buys $24,542 in company stock
OppFi CEO Todd Schwartz buys $24,542 in company stock
Todd G. Schwartz, Chief Executive Officer, Director, and 10% Owner of OppFi Inc. (NASDAQ:OPFI), recently acquired shares of the company’s Class A Common Stock. The transaction, reported on September 1, 2026, involved the purchase of 3,550 shares.
The shares were acquired at prices ranging from $6.88 to $6.97, with a weighted average purchase price of $6.9133 per share. The total value of these purchases amounted to $24,542. The purchase comes as the stock trades near its 52-week low of $6.50, down roughly 31% year-to-date, though InvestingPro analysis suggests the company appears undervalued at current levels with a P/E ratio of just 3.41.
Following this transaction, Mr. Schwartz’s indirect beneficial ownership in OppFi Inc. includes 615,883 shares held by the TGS Revocable Trust, for which he serves as the sole trustee. Additionally, 24,656,083 shares are held by TGS Capital Group, LP, and 1,949,309 shares by TGS MCS Capital Group LP. Mr. Schwartz is the manager of the general partner for both TGS Capital Group, LP and TGS MCS Capital Group LP, and may be deemed to beneficially own these securities, though he disclaims beneficial ownership except to the extent of his pecuniary interest. According to InvestingPro Tips, the company remains profitable over the last twelve months. For deeper insights, including 6 additional ProTips and comprehensive analysis, investors can access the full Pro Research Report available for OPFI.
In other recent news, OppFi reported second-quarter results that missed Wall Street expectations, with both earnings and revenue falling short of forecasts. The company posted adjusted earnings of $0.33 per share on revenue of $145.17 million, compared to analyst estimates of $0.46 per share and $156.51 million in revenue. This marks a 28.3% shortfall in earnings per share and a 7.25% shortfall in revenue estimates. Revenue did increase by 1.9% from the previous year, reaching a record for the second quarter, but adjusted net income dropped by 27% to $29 million. Additionally, originations declined by 9% year over year to $212 million, indicating slower growth in its core lending business. Management has also cut its full-year 2026 guidance due to delays in launching a new line of credit product and system migration. Meanwhile, Citizens maintained a Market Outperform rating on OppFi, citing potential upside from the pending acquisition of BNCCorp. However, Citizens also lowered its price target for OppFi from $15.00 to $11.00, citing lower-than-expected second-quarter volume and competitive pressures.