81,800 Shares in Oportun Financial Corporation $OPRT Purchased by Globeflex Capital L P

Globeflex Capital L P purchased a new stake in shares of Oportun Financial Corporation (NASDAQ:OPRT) in the 2nd quarter, Holdings Channel reports. The fund purchased 81,800 shares of the company’s stock, valued at approximately $467,000.

Several other large investors have also recently bought and sold shares of OPRT. BlackRock Inc. bought a new position in Oportun Financial in the second quarter valued at approximately $19,244,000. Cannell Capital LLC raised its stake in shares of Oportun Financial by 7,067.0% during the 2nd quarter. Cannell Capital LLC now owns 1,601,244 shares of the company’s stock worth $11,465,000 after purchasing an additional 1,578,902 shares in the last quarter. Simcoe Capital LLC bought a new stake in shares of Oportun Financial during the 4th quarter worth approximately $4,208,000. Millennium Management LLC boosted its holdings in shares of Oportun Financial by 54.1% in the 4th quarter. Millennium Management LLC now owns 1,899,552 shares of the company’s stock valued at $10,049,000 after buying an additional 667,271 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Oportun Financial by 30.4% in the 3rd quarter. Vanguard Group Inc. now owns 2,106,640 shares of the company’s stock valued at $12,998,000 after buying an additional 490,608 shares during the last quarter. 82.70% of the stock is owned by institutional investors and hedge funds.

Oportun Financial Stock Down 1.2%

Shares of NASDAQ OPRT opened at $7.51 on Wednesday. The business’s 50 day moving average price is $6.24 and its two-hundred day moving average price is $5.53. The company has a market cap of $345.38 million, a PE ratio of 18.78 and a beta of 1.22. Oportun Financial Corporation has a twelve month low of $4.03 and a twelve month high of $8.30.

Oportun Financial (NASDAQ:OPRT) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.09. Oportun Financial had a return on equity of 13.41% and a net margin of 2.05%.The firm had revenue of $233.23 million for the quarter, compared to analyst estimates of $230.68 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. As a group, research analysts anticipate that Oportun Financial Corporation will post 1.32 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on OPRT. Weiss Ratings reissued a “sell (d+)” rating on shares of Oportun Financial in a research note on Wednesday, June 24th. Stephens upped their price target on shares of Oportun Financial from $7.00 to $8.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Finally, Wall Street Zen upgraded shares of Oportun Financial from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $7.33.

About Oportun Financial

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.