The CEO's small but consistent open-market purchases suggest confidence at current levels, but the dollar amount is too small to move the stock. The CRO's larger sale is likely routine and not a bearish signal. Monitor for any upcoming earnings or material announcements that could explain the divergence. The 78% bullish analyst consensus and net institutional accumulation (8 adds vs. 7 trims) provide a neutral-to-slightly-positive backdrop.
Price Chart
Executive Summary
OppFi CEO Todd Schwartz made three small open-market purchases totaling ~$74K over the past week, while the Chief Risk & Analytics Officer sold $559K in a single transaction. The CEO's buys are a modest positive signal, but the CRO's sale is 7.5x larger and likely liquidity-driven (vesting/10b5-1). Net direction is mixed, with the sale dominating in dollar terms but the CEO's conviction buys carrying more informational weight per the insider-buy literature. The cluster is small relative to the $617M market cap (~0.09%), making it a low-impact event overall.
Key Financial Metrics
Key Facts
- CEO Todd Schwartz purchased ~10,600 shares total (~$74K) in three open-market buys from Aug 28–Sep 1 at ~$6.91–$7.15.
- Chief Risk & Analytics Officer Christopher McKay sold 77,800 shares for ~$559K on Aug 26 at ~$7.18.
- Total cluster value is ~$633K, or ~0.10% of the $617M market cap — below the 0.1% materiality threshold.
- The CEO's buys are a cluster of open-market purchases, which per academic literature are predictive of positive returns (+6% annualized), but the dollar amount is trivial relative to market cap.
- The CRO's sale is 7.5x larger than the CEO's buys and may be routine (vesting, 10b5-1, or diversification) — insider sales are weak predictors on average.
- Institutional 13F data shows 8 funds adding vs. 7 trimming, with top holders Wellington ($30M), Vanguard ($22M), and BlackRock ($20M).
Financial Impact
CEO buys total ~$74K (0.012% of market cap); CRO sale totals ~$559K (0.09% of market cap). Combined cluster ~$633K (0.10% of market cap).
Risk Factors
- CRO's $559K sale could indicate insider concern about near-term prospects, though it's likely liquidity-driven.
- CEO's buys are too small to signal strong conviction — they may be part of a 10b5-1 plan or token purchases.
- No cross-filing context (earnings, M&A, or restructuring) to explain the cluster timing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-OPFI-1788412994871 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 8d ago | Press Release | $5.63 | awaiting T+20 | — | $5.45 (−3.20%) |
Sep 11, 2026 6w ago | Insider Buy | $7.78 $5.82 | ▼ −25.19% | ▼ −27.46% | $5.45 (−29.95%) |
Sep 10, 2026 6w ago | Insider Buy | $7.98 $5.93 | ▼ −25.69% | ▼ −27.56% | $5.45 (−31.70%) |
Sep 9, 2026 6w ago | Insider Buy | $7.59 $6.09 | ▼ −19.76% | ▼ −21.89% | $5.45 (−28.19%) |
Sep 8, 2026 7w ago | Insider Buy | $7.53 $6.06 | ▼ −19.52% | ▼ −21.47% | $5.45 (−27.62%) |
Sep 4, 2026 7w ago | Insider Buy | $7.40 $6.18 | ▼ −16.49% | ▼ −18.20% | $5.45 (−26.35%) |
Sep 3, 2026 7w ago | Insider Cluster | $7.42 $6.04 | ▼ −18.60% | ▼ −19.20% | $5.45 (−26.55%) |
Sep 2, 2026 7w ago | Insider Cluster | $7.32 $5.97 | ▼ −18.44% | ▼ −17.99% | $5.45 (−25.55%) |
Sep 1, 2026 8w ago | Insider Cluster | $7.24 $5.95 | ▼ −17.82% | ▼ −17.66% | $5.45 (−24.72%) |
Aug 31, 2026 8w ago | Insider Cluster | $6.86 $6.03 | ▼ −12.10% | ▼ −12.21% | $5.45 (−20.55%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers