Oportun Financial (NASDAQ:OPRT) CAO Sells 2,831 Shares

Oportun Financial Corporation (NASDAQ:OPRT) CAO Joseph Andrew Schueller sold 2,831 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $7.80, for a total value of $22,081.80. Following the sale, the chief accounting officer directly owned 71,149 shares in the company, valued at approximately $554,962.20. This trade represents a 3.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Joseph Andrew Schueller also recently made the following trade(s):

• On Friday, September 11th, Joseph Andrew Schueller sold 28 shares of Oportun Financial stock. The stock was sold at an average price of $7.80, for a total value of $218.40.

Oportun Financial Price Performance

OPRT stock traded up $0.23 during midday trading on Monday, reaching $8.10. The company had a trading volume of 381,162 shares, compared to its average volume of 518,111. Oportun Financial Corporation has a 1-year low of $4.03 and a 1-year high of $8.30. The stock has a 50 day moving average price of $6.76 and a 200-day moving average price of $5.75. The company has a market capitalization of $372.52 million, a price-to-earnings ratio of 20.25 and a beta of 1.24.

Oportun Financial (NASDAQ:OPRT) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. Oportun Financial had a net margin of 2.05% and a return on equity of 13.41%. The firm had revenue of $233.23 million for the quarter, compared to the consensus estimate 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 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Institutional Trading of Oportun Financial

A number of hedge funds have recently added to or reduced their stakes in OPRT. Clearstead Advisors LLC grew its stake in shares of Oportun Financial by 192.9% during the fourth quarter. Clearstead Advisors LLC now owns 5,574 shares of the company’s stock worth $29,000 after buying an additional 3,671 shares during the last quarter. Pinnacle Holdings LLC bought a new position in shares of Oportun Financial in the 2nd quarter valued at $33,000. The Manufacturers Life Insurance Company bought a new position in shares of Oportun Financial in the 2nd quarter valued at $66,000. Abel Hall LLC acquired a new stake in shares of Oportun Financial during the 1st quarter valued at $57,000. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of Oportun Financial during the 2nd quarter valued at $74,000. Institutional investors and hedge funds own 82.70% of the company’s stock.

About Oportun Financial

Oportun Financial Corporation is a financial technology company that provides credit and other financial services to consumers who may have limited access to traditional banking products. The company focuses on using technology and data-driven underwriting to offer more accessible and affordable financial solutions.

Oportun’s products have included unsecured personal loans, credit cards and savings services. Its personal loans are designed to provide borrowers with installment financing for needs such as debt consolidation, home expenses and unexpected costs.