Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. OppFi Inc shares valued at $171,310 were sold by Vennettilli David on Dec 02 ’24. At $7.68 per share, Vennettilli David sold 22,301 shares. The insider’s holdings dropped to 121,524 shares worth approximately $1.44 million following the completion of this transaction.
Also, Vennettilli David purchased 22,301 shares, netting a total of over 171,310 in proceeds.
Before that, Moore Jocelyn had sold 23,149 shares from its account. In a trade valued at $155,013, the Director traded OppFi Inc shares for $6.70 each. Upon closing the transaction, the insider’s holdings decreased to 23,149 shares, worth approximately $1.17 million.
As published in their initiating research note from Needham on August 17, 2021, OppFi Inc [OPFI] has been a Buy and the price target has been revised to $10.
Analyzing OPFI Stock Performance
During the last five days, there has been a surge of approximately 11.59%. Over the course of the year, OppFi Inc shares have jumped approximately 54.57%. Shares of the company reached a 52-week high of $12.50 on 01/22/25 and a 52-week low of $6.81 on 01/08/25. A 50-day SMA is recorded $7.94, while a 200-day SMA reached $4.89. Nevertheless, trading volume fell to 1.82 million shares from 2.41 million shares the previous day.
Support And Resistance Levels for OppFi Inc (OPFI)
According to the 24-hour chart, there is a support level at 11.48, which, if violated, would cause prices to drop to 11.12. In the upper region, resistance lies at 12.35. The next price resistance is at 12.86. RSI (Relative Strength Index) is 71.76 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.96, which suggests the price will increase in the coming days. Percent R is at 11.60%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
