Kathleen Layton Sells 19,355 Shares of Oportun Financial (NASDAQ:OPRT) Stock

Oportun Financial Corporation (NASDAQ:OPRT) insider Kathleen Layton sold 19,355 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $4.90, for a total transaction of $94,839.50. Following the completion of the transaction, the insider directly owned 225,872 shares of the company’s stock, valued at $1,106,772.80. This represents a 7.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Oportun Financial Stock Performance

NASDAQ OPRT opened at $4.26 on Friday. The firm’s 50 day moving average price is $5.23 and its two-hundred day moving average price is $5.50. Oportun Financial Corporation has a twelve month low of $4.05 and a twelve month high of $7.97. The stock has a market cap of $189.57 million, a price-to-earnings ratio of 8.04 and a beta of 1.18.

Oportun Financial (NASDAQ:OPRT) last released its earnings results on Thursday, February 26th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The company had revenue of $247.80 million during the quarter, compared to analyst estimates of $243.48 million. Oportun Financial had a return on equity of 14.82% and a net margin of 2.64%.Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. On average, research analysts forecast that Oportun Financial Corporation will post 0.94 EPS for the current fiscal year.

Institutional Trading of Oportun Financial

Several hedge funds and other institutional investors have recently modified their holdings of OPRT. Rhumbline Advisers boosted its position in Oportun Financial by 5.8% during the third quarter. Rhumbline Advisers now owns 51,467 shares of the company’s stock valued at $318,000 after purchasing an additional 2,817 shares during the last quarter. Flaharty Asset Management LLC grew its stake in Oportun Financial by 23.1% in the fourth quarter. Flaharty Asset Management LLC now owns 16,000 shares of the company’s stock valued at $85,000 after purchasing an additional 3,000 shares in the last quarter. Clearstead Advisors LLC increased its position in Oportun Financial by 192.9% in the 4th quarter. Clearstead Advisors LLC now owns 5,574 shares of the company’s stock worth $29,000 after purchasing an additional 3,671 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in Oportun Financial in the 4th quarter worth about $28,000. Finally, Mackenzie Financial Corp raised its stake in shares of Oportun Financial by 11.7% during the 3rd quarter. Mackenzie Financial Corp now owns 56,477 shares of the company’s stock worth $348,000 after purchasing an additional 5,908 shares in the last quarter. 82.70% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on OPRT. Wall Street Zen lowered Oportun Financial from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. BTIG Research reiterated a “buy” rating and issued a $9.00 target price on shares of Oportun Financial in a report on Friday, February 27th. Weiss Ratings reissued a “sell (d+)” rating on shares of Oportun Financial in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. upgraded shares of Oportun Financial from an “underweight” rating to a “neutral” rating and set a $5.50 price target for the company in a report on Monday, January 12th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $8.17.

Oportun Financial Company Profile

Oportun Financial Corporation (NASDAQ: OPRT) is a financial technology company that provides consumer lending products aimed at serving the underbanked and credit-invisible population in the United States. Headquartered in Redwood City, California, Oportun operates a digital platform that enables borrowers to access credit through unsecured personal installment loans, secured credit-builder loans and a proprietary mobile wallet. The company leverages machine learning and alternative data sources to assess creditworthiness, extending financial services to customers with limited or no traditional credit history.

The company’s core offerings include fixed-term installment loans designed to help individuals cover unexpected expenses, consolidate debt or build credit.