Jane Street Group LLC Purchases New Shares in Oportun Financial Co. (NASDAQ:OPRT)

Jane Street Group LLC purchased a new stake in shares of Oportun Financial Co. (NASDAQ:OPRT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 56,423 shares of the company's stock, valued at approximately $219,000. Jane Street Group LLC owned 0.16% of Oportun Financial as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. Flaharty Asset Management LLC boosted its position in Oportun Financial by 11.1% during the fourth quarter. Flaharty Asset Management LLC now owns 50,000 shares of the company's stock worth $194,000 after purchasing an additional 5,000 shares during the period. Barclays PLC boosted its position in Oportun Financial by 26.5% during the fourth quarter. Barclays PLC now owns 24,447 shares of the company's stock worth $96,000 after purchasing an additional 5,114 shares during the period. Geode Capital Management LLC boosted its position in Oportun Financial by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 317,050 shares of the company's stock worth $1,230,000 after purchasing an additional 5,600 shares during the period. Empowered Funds LLC boosted its position in Oportun Financial by 5.1% during the fourth quarter. Empowered Funds LLC now owns 116,228 shares of the company's stock worth $451,000 after purchasing an additional 5,608 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Oportun Financial by 7.7% during the fourth quarter. JPMorgan Chase & Co. now owns 82,826 shares of the company's stock worth $321,000 after purchasing an additional 5,901 shares during the period. Institutional investors own 82.70% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on OPRT. Sidoti raised shares of Oportun Financial to a "hold" rating in a report on Thursday, May 1st. JPMorgan Chase & Co. lowered their price target on shares of Oportun Financial from $6.50 to $5.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. BTIG Research began coverage on shares of Oportun Financial in a report on Wednesday, March 5th. They issued a "buy" rating and a $10.00 price target on the stock. Finally, JMP Securities reissued a "market perform" rating on shares of Oportun Financial in a report on Friday, February 14th. 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 company's stock. According to MarketBeat, Oportun Financial presently has a consensus rating of "Moderate Buy" and an average price target of $7.50.

Oportun Financial Price Performance

NASDAQ:OPRT traded down $0.22 during trading hours on Monday, hitting $6.81. The company had a trading volume of 443,035 shares, compared to its average volume of 287,970. The company has a market capitalization of $298.75 million, a PE ratio of -3.39 and a beta of 1.25. The stock has a 50-day moving average price of $5.63 and a 200 day moving average price of $5.23. Oportun Financial Co. has a 52 week low of $2.37 and a 52 week high of $9.25.

Oportun Financial Company Profile

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.