Oportun Financial Co. (NASDAQ:OPRT - Get Free Report) insider Patrick Kirscht sold 8,403 shares of the company's stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $3.80, for a total transaction of $31,931.40. Following the transaction, the insider now owns 333,360 shares in the company, valued at $1,266,768. The trade was a 2.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
Oportun Financial Trading Up 1.6 %
Shares of NASDAQ:OPRT opened at $3.86 on Thursday. Oportun Financial Co. has a 1-year low of $2.05 and a 1-year high of $4.60. The stock has a market capitalization of $138.85 million, a P/E ratio of -1.17 and a beta of 1.17. The business has a 50-day moving average price of $3.08 and a two-hundred day moving average price of $2.98.
Analysts Set New Price Targets
Separately, Singular Research upgraded shares of Oportun Financial to a "strong-buy" rating in a research report on Friday, September 20th. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $5.50.
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Read Our Latest Report on Oportun Financial
Institutional Investors Weigh In On Oportun Financial
A number of institutional investors and hedge funds have recently modified their holdings of OPRT. Acuitas Investments LLC bought a new position in Oportun Financial in the second quarter valued at approximately $1,577,000. RBF Capital LLC lifted its stake in shares of Oportun Financial by 82.9% in the 3rd quarter. RBF Capital LLC now owns 978,079 shares of the company's stock valued at $2,748,000 after purchasing an additional 443,177 shares during the period. Millennium Management LLC boosted its position in shares of Oportun Financial by 26.4% in the 2nd quarter. Millennium Management LLC now owns 1,507,012 shares of the company's stock worth $4,370,000 after purchasing an additional 314,553 shares during the last quarter. Long Focus Capital Management LLC boosted its position in shares of Oportun Financial by 6.0% in the 2nd quarter. Long Focus Capital Management LLC now owns 1,740,777 shares of the company's stock worth $5,048,000 after purchasing an additional 99,197 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in shares of Oportun Financial by 53.3% during the second quarter. Marshall Wace LLP now owns 274,969 shares of the company's stock worth $797,000 after purchasing an additional 95,637 shares during the period. 82.70% of the stock is owned by institutional investors.
Oportun Financial Company Profile
(
Get Free Report)
Oportun Financial Corporation provides financial services. The company offers personal loans and credit cards. It serves customers through online and over the phone, as well as through retail and Lending as a Service partner locations. The company was founded in 2005 and is headquartered in San Carlos, California.
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