Oportun Financial (NASDAQ:OPRT) CAO Sells $22,081.80 in Stock

Oportun Financial Corporation (NASDAQ:OPRT) CAO Joseph Andrew Schueller sold 2,831 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $7.80, for a total value of $22,081.80. Following the completion of the transaction, the chief accounting officer directly owned 71,149 shares in the company, valued at $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 can be accessed 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 shares were sold at an average price of $7.80, for a total value of $218.40.

Oportun Financial Trading Down 0.8%

Oportun Financial stock opened at $7.80 on Thursday. Oportun Financial Corporation has a 12 month low of $4.03 and a 12 month high of $8.30. The stock has a fifty day simple moving average of $6.90 and a two-hundred day simple moving average of $5.81. The firm has a market cap of $358.72 million, a price-to-earnings ratio of 19.50 and a beta of 1.24.

Oportun Financial (NASDAQ:OPRT) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $230.68 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. On average, equities research analysts forecast that Oportun Financial Corporation will post 1.32 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Oportun Financial during the 2nd quarter valued at about $19,244,000. Dimensional Fund Advisors LP boosted its holdings in shares of Oportun Financial by 20.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,363,788 shares of the company’s stock worth $6,287,000 after buying an additional 234,723 shares during the last quarter. Meros Investment Management LP purchased a new position in shares of Oportun Financial in the second quarter worth approximately $6,425,069. Lazard Asset Management LLC bought a new stake in Oportun Financial during the first quarter valued at approximately $1,268,000. Finally, Berger Financial Group Inc grew its position in Oportun Financial by 23.9% during the first quarter. Berger Financial Group Inc now owns 243,575 shares of the company’s stock valued at $1,123,000 after buying an additional 47,032 shares during the period. Institutional investors own 82.70% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on OPRT. Stephens raised their price target on shares of Oportun Financial from $7.00 to $8.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. 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. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Oportun Financial in a report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $7.33.

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.