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 company’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 value of $94,839.50. Following the completion of the transaction, the insider owned 225,872 shares of the company’s stock, valued at approximately $1,106,772.80. This represents a 7.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Oportun Financial Stock Down 2.1%

Shares of OPRT traded down $0.10 during mid-day trading on Thursday, reaching $4.58. 729,333 shares of the stock traded hands, compared to its average volume of 612,367. The stock has a fifty day simple moving average of $5.26 and a 200 day simple moving average of $5.52. Oportun Financial Corporation has a 12-month low of $4.05 and a 12-month high of $7.97. The firm has a market cap of $203.81 million, a price-to-earnings ratio of 8.64 and a beta of 1.18.

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

Wall Street Analyst Weigh In

OPRT has been the topic of a number of analyst reports. BTIG Research reaffirmed a “buy” rating and set a $9.00 target price on shares of Oportun Financial in a research report on Friday, February 27th. JPMorgan Chase & Co. raised 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. Wall Street Zen downgraded Oportun Financial from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Oportun Financial in a research report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $8.17.

Institutional Investors Weigh In On Oportun Financial

Several hedge funds and other institutional investors have recently modified their holdings of OPRT. CenterBook Partners LP lifted its position in shares of Oportun Financial by 70.1% during the third quarter. CenterBook Partners LP now owns 700,833 shares of the company’s stock worth $4,324,000 after purchasing an additional 288,815 shares during the last quarter. Acadian Asset Management LLC raised its stake in Oportun Financial by 1.3% during the second quarter. Acadian Asset Management LLC now owns 1,069,116 shares of the company’s stock valued at $7,652,000 after buying an additional 13,842 shares in the last quarter. Inspire Investing LLC acquired a new stake in Oportun Financial during the third quarter valued at approximately $928,000. Corsair Capital Management L.P. acquired a new stake in Oportun Financial during the second quarter valued at approximately $72,000. Finally, Segall Bryant & Hamill LLC bought a new position in Oportun Financial during the 3rd quarter worth approximately $1,195,000. Institutional investors own 82.70% of the company’s stock.

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.