OppFi Inc. (NASDAQ: OPFI) Chief Executive Officer Todd G. Schwartz acquired 3,550 shares of Class A common stock on September 1, 2026, at prices ranging from $6.88 to $6.97 per share. The weighted average purchase price was $6.9133, totaling $24,542.
The transaction occurred as OPFI’s stock traded near its 52-week low of $6.50, reflecting a year-to-date decline of approximately 31%. The company’s second-quarter results, released in August, fell short of Wall Street expectations, with adjusted earnings of $0.33 per share versus analyst estimates of $0.46—a 28.3% shortfall. Revenue reached $145.17 million, missing forecasts of $156.51 million by 7.25%, though it marked a 1.9% increase from the prior year.
Adjusted net income declined 27% year-over-year to $29 million, while originations fell 9% to $212 million. Management cited delays in launching a new line of credit product and system migration as factors in reducing its full-year 2026 guidance.
Citizens Financial maintained a Market Outperform rating but lowered its price target from $15.00 to $11.00, citing weaker-than-expected Q2 volume and competitive pressures. Despite the earnings miss, OPFI’s P/E ratio of 3.41 was noted as appearing undervalued by InvestingPro analysis.
Schwartz holds significant indirect ownership through trusts and investment vehicles, including 615,883 shares via the TGS Revocable Trust, 24.66 million shares via TGS Capital Group LP, and 1.95 million shares via TGS MCS Capital Group LP. He disclaims beneficial ownership in the latter two entities beyond his pecuniary interest.
