XTX Topco Ltd Takes Position in OppFi Inc. (NYSE:OPFI)

XTX Topco Ltd purchased a new position in shares of OppFi Inc. (NYSE:OPFI) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 28,830 shares of the company’s stock, valued at approximately $136,000.

Several other institutional investors have also added to or reduced their stakes in OPFI. LB Partners LLC lifted its holdings in shares of OppFi by 1.3% during the second quarter. LB Partners LLC now owns 920,970 shares of the company’s stock worth $3,122,000 after buying an additional 11,948 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in OppFi in the 3rd quarter worth about $2,457,000. Marshall Wace LLP boosted its holdings in OppFi by 24.2% in the 2nd quarter. Marshall Wace LLP now owns 171,318 shares of the company’s stock valued at $581,000 after purchasing an additional 33,347 shares during the period. Los Angeles Capital Management LLC acquired a new position in shares of OppFi during the 3rd quarter worth approximately $355,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of OppFi by 120.5% during the second quarter. Bank of New York Mellon Corp now owns 36,690 shares of the company’s stock worth $124,000 after purchasing an additional 20,048 shares during the period. 7.10% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Northland Securities boosted their price target on OppFi from $8.00 to $10.00 and gave the company an “outperform” rating in a research note on Friday, December 13th.

OppFi Stock Up 0.1 %

OPFI stock opened at $7.23 on Friday. OppFi Inc. has a 52 week low of $2.35 and a 52 week high of $8.54. The business has a 50-day simple moving average of $6.44 and a 200 day simple moving average of $4.86. The company has a market cap of $623.33 million, a PE ratio of 45.19 and a beta of 1.45.

Insider Buying and Selling at OppFi

In other OppFi news, Director David Vennettilli sold 22,301 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $7.68, for a total value of $171,271.68. Following the sale, the director now owns 121,524 shares of the company’s stock, valued at approximately $933,304.32. This trade represents a 15.51 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jocelyn Moore sold 23,149 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $6.70, for a total value of $155,098.30. Following the transaction, the director now directly owns 99,072 shares of the company’s stock, valued at $663,782.40. This trade represents a 18.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 145,450 shares of company stock valued at $971,370 in the last ninety days. 84.00% of the stock is currently owned by company insiders.

OppFi Company Profile

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.