Oportun Financial (NASDAQ:OPRT) CAO Joseph Andrew Schueller Sells 2,831 Shares of Stock

Oportun Financial Corporation (NASDAQ:OPRT) CAO Joseph Andrew Schueller sold 2,831 shares of the firm’s stock in a transaction 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 transaction, the chief accounting officer 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 sale was disclosed in a filing with the SEC, which is accessible through 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 Price Performance

Shares of OPRT stock opened at $8.10 on Tuesday. The firm has a 50-day moving average of $6.81 and a 200-day moving average of $5.77. The company has a market cap of $372.49 million, a P/E ratio of 20.25 and a beta of 1.24. Oportun Financial Corporation has a one year low of $4.03 and a one year high of $8.30.

Oportun Financial (NASDAQ:OPRT) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.09. Oportun Financial had a net margin of 2.05% and a return on equity of 13.41%. The business 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. As a group, research analysts expect that Oportun Financial Corporation will post 1.32 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on OPRT shares. Stephens boosted their price objective on Oportun Financial from $7.00 to $8.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Oportun Financial in a research note on Wednesday, June 24th. Finally, Wall Street Zen raised shares of Oportun Financial from a “hold” rating to a “strong-buy” rating in a report on Saturday, August 8th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $7.33.

Institutional Investors Weigh In On Oportun Financial

Several large investors have recently modified their holdings of OPRT. Squarepoint Ops LLC bought a new stake in shares of Oportun Financial in the 2nd quarter worth approximately $112,000. AXQ Capital LP bought a new position in Oportun Financial during the second quarter valued at $78,000. Empowered Funds LLC bought a new position in Oportun Financial during the second quarter valued at $1,162,000. Bank of America Corp DE purchased a new stake in Oportun Financial in the second quarter worth $840,000. Finally, Man Group plc purchased a new stake in Oportun Financial in the second quarter worth $545,000. Hedge funds and other institutional investors own 82.70% of the company’s stock.

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.