On November 11, 2024, Jocelyn Moore, Director at OppFi Inc (OPFI, Financial), executed a sale of 23,149 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 99,072 shares of OppFi Inc. The shares were sold at a price of $6.7 per share.
OppFi Inc operates as a financial technology platform that facilitates banking services including loan access and personal finance management. The company primarily targets consumers who lack access to traditional banking services.
Over the past year, Jocelyn Moore has sold a total of 55,637 shares of the company and has not made any purchases of the stock. This recent transaction is part of a broader trend observed over the past year, where there have been 8 insider sells and no insider buys at OppFi Inc.
The stock of OppFi Inc was trading at $6.7 on the day of the transaction, giving the company a market cap of approximately $143.222 million. The price-earnings ratio of the company stands at 168.75, significantly higher than both the industry median of 15.56 and the company’s historical median.
According to the GF Value, the intrinsic value estimate for OppFi Inc is $4.54 per share, which suggests that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.48.
This valuation is based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by GuruFocus based on the company’s past performance and estimated future business outcomes provided by Morningstar analysts.
The recent insider selling activity could be a point of interest for current and potential investors, providing insight into how insiders view the stock's valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
