Key Points
- Oportun Financial’s chief accounting officer sold 2,831 shares at an average price of $7.80, generating $22,081.80 and reducing his direct ownership by 3.83% to 71,149 shares.
- Oportun reported quarterly EPS of $0.42, beating the $0.33 analyst consensus, while revenue of $233.23 million also exceeded expectations. The company provided fiscal 2026 EPS guidance of $1.50–$1.65.
- Institutional ownership stands at 82.70%, with major new positions from BlackRock and Meros Investment Management. Analysts’ average rating is “Hold,” with an average price target of $7.33.
Oportun Financial Corporation (NASDAQ:OPRT - Get Free Report) CAO Joseph Andrew Schueller sold 2,831 shares of the company's stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $7.80, for a total transaction 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
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 transaction of $218.40.
Oportun Financial Stock Up 2.9%
OPRT opened at $8.10 on Tuesday. The company has a market capitalization of $372.49 million, a price-to-earnings ratio of 20.25 and a beta of 1.24. The firm has a 50-day moving average price of $6.81 and a 200-day moving average price of $5.77. Oportun Financial Corporation has a twelve month low of $4.03 and a twelve month high of $8.30.
Oportun Financial (NASDAQ:OPRT - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.42 EPS for the quarter, beating 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 company had revenue of $233.23 million for the quarter, compared to analysts' expectations of $230.68 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. On average, sell-side analysts expect that Oportun Financial Corporation will post 1.32 earnings per share for the current fiscal year.
Institutional Trading of Oportun Financial
Several institutional investors and hedge funds have recently bought and sold shares of OPRT. BlackRock Inc. purchased a new position in shares of Oportun Financial during the 2nd quarter valued at $19,244,000. Meros Investment Management LP purchased a new stake in shares of Oportun Financial in the second quarter worth $6,425,069. Dimensional Fund Advisors LP raised its position 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 in the last quarter. Lazard Asset Management LLC bought a new stake in Oportun Financial during the first quarter valued at $1,268,000. Finally, Bank of New York Mellon Corp purchased a new position in Oportun Financial during the second quarter worth about $1,230,000. 82.70% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the company. Stephens lifted their price target on Oportun Financial from $7.00 to $8.00 and gave the company an "overweight" rating in a research report on Thursday, August 6th. Wall Street Zen raised Oportun Financial from a "hold" rating to a "strong-buy" rating in a report on Saturday, August 8th. Finally, Weiss Ratings restated a "sell (d+)" rating on shares of Oportun Financial in a research note on Wednesday, June 24th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Oportun Financial has an average rating of "Hold" and an average target price of $7.33.
Read Our Latest Report on Oportun Financial
About Oportun Financial
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
