100,000 Shares in Oportun Financial Corporation $OPRT Acquired by Union Square Park Capital Management LLC

Union Square Park Capital Management LLC bought a new stake in shares of Oportun Financial Corporation (NASDAQ:OPRTFree Report) in the 1st quarter, HoldingsChannel reports. The firm bought 100,000 shares of the company’s stock, valued at approximately $461,000.

Several other hedge funds have also recently added to or reduced their stakes in OPRT. Kemnay Advisory Services Inc. acquired a new position in Oportun Financial in the fourth quarter worth approximately $28,000. Clearstead Advisors LLC boosted its stake in shares of Oportun Financial by 192.9% during the 4th quarter. Clearstead Advisors LLC now owns 5,574 shares of the company’s stock worth $29,000 after acquiring an additional 3,671 shares in the last quarter. Abel Hall LLC bought a new stake in shares of Oportun Financial during the 1st quarter worth $57,000. State of Alaska Department of Revenue acquired a new position in shares of Oportun Financial in the 4th quarter worth $58,000. Finally, Virtu Financial LLC acquired a new position in shares of Oportun Financial in the 3rd quarter worth $64,000. Institutional investors and hedge funds own 82.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Oportun Financial in a research note on Wednesday, June 24th. JPMorgan Chase & Co. reduced their price objective on shares of Oportun Financial from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $7.00.

Check Out Our Latest Report on Oportun Financial

Oportun Financial Stock Performance

NASDAQ OPRT opened at $5.59 on Friday. The firm’s 50 day moving average price is $5.45 and its two-hundred day moving average price is $5.28. Oportun Financial Corporation has a twelve month low of $4.03 and a twelve month high of $7.33. The stock has a market cap of $256.58 million, a price-to-earnings ratio of 15.11 and a beta of 1.23.

Oportun Financial (NASDAQ:OPRTGet Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. The company had revenue of $228.76 million during the quarter, compared to analyst estimates of $228.58 million. Oportun Financial had a return on equity of 12.14% and a net margin of 1.87%.Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. On average, research analysts forecast that Oportun Financial Corporation will post 1.24 EPS for the current fiscal year.

About Oportun Financial

(Free Report)

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.

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Institutional Ownership by Quarter for Oportun Financial (NASDAQ:OPRT)

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