Moody’s upgrades Agnico Eagle’s rating to A3 on debt reduction
Theodore Schwartz, a director and ten percent owner at OppFi Inc. (NYSE:OPFI), recently executed a series of stock sales amounting to $922,761, according to a recent SEC filing. The transactions occurred on April 11 and April 14, 2025, involving Class A Common Stock. The sales come as OppFi, now valued at $731 million, has delivered an impressive 192% return over the past year. InvestingPro data shows the company maintains a GREAT financial health score.
The shares were sold at prices ranging from $8.2337 to $8.3933. The sales were part of a pre-established trading plan under Rule 10b5-1, which Schwartz adopted on December 10, 2024. According to InvestingPro analysis, OPFI stock typically exhibits high price volatility, with the stock currently trading at $8.49, near its recent transaction range.
The filing also detailed several conversions of Class A Common Units into Class A Common Stock, though these transactions did not involve any cash exchange. These conversions were followed by immediate sales, effectively liquidating the acquired shares.
Following these transactions, Schwartz’s holdings in Class A Common Stock, directly and indirectly through entities such as LTHS Capital Group LP and LTHS Revocable Trust, were adjusted accordingly. The transactions reflect strategic financial decisions by Schwartz, a significant stakeholder in OppFi Inc.
In other recent news, OppFi Inc. reported its fourth-quarter 2024 earnings, surpassing market expectations with an earnings per share (EPS) of $0.23 compared to the forecasted $0.15. Revenue also exceeded predictions, reaching $135.7 million against the anticipated $134.98 million. The company’s net originations grew by 11.3% to $213.7 million, and adjusted net income surged by 141% to $20.3 million. For the full year 2024, OppFi achieved a revenue of $526 million, marking a 3.3% increase from the previous year, while adjusted net income doubled to $82.7 million. Looking ahead, OppFi projects total revenue for 2025 to be between $563 million and $594 million, with adjusted net income expected to range from $95 million to $97 million. The company also announced strategic capital allocation plans, including debt reduction and potential acquisitions. Additionally, OppFi launched Model 6 to enhance credit evaluation, further improving its competitive position in the lending market. These developments reflect the company’s ongoing efforts to maintain growth and operational efficiency.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.