OppFi Inc. (NASDAQ: OPFI) Chief Executive Officer Todd G. Schwartz purchased 3,475 shares of Class A common stock on August 24, 2026, for a total value of $24,830. The transaction was executed at a weighted average price of $7.1455 per share, with individual prices ranging from $7.08 to $7.25.
Following the purchase, Schwartz’s direct holdings in OppFi total 301,710 shares. Indirect beneficial ownership through related entities includes 594,758 shares held by the TGS Revocable Trust, 24.66 million shares via TGS Capital Group LP, and 1.95 million shares through TGS MCS Capital Group LP. Schwartz serves as the manager of the general partner for the latter two entities and disclaims beneficial ownership beyond his pecuniary interest.
The stock acquisition comes as OppFi reported second-quarter results that fell short of analyst expectations. Adjusted earnings per share were $0.33, below the $0.46 forecast by Wall Street, while revenue reached $145.17 million, missing the $156.51 million estimate. Revenue grew 1.9% year-over-year, marking a record for the quarter but reflecting modest expansion. Adjusted net income declined 27% to $29 million, and core lending originations dropped 9% to $212 million.
Management revised full-year 2026 guidance, citing delays in launching a line of credit product and migrating the LOLA system. The company is also investing over $150 million in 2026 to expand into a multi-product platform. Analysts at Citizens adjusted their price target on OppFi to $11 from $15, maintaining a Market Outperform rating, citing lower-than-expected second-quarter volumes and competitive pressures affecting both revenue and profitability.
