Jane Street Group LLC Acquires Shares of 56,423 Oportun Financial Co. (NASDAQ:OPRT)

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

Other institutional investors and hedge funds have also bought and sold shares of the company. Telos Capital Management Inc. bought a new stake in Oportun Financial during the fourth quarter valued at $52,000. Empowered Funds LLC lifted its stake 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 last quarter. Acuitas Investments LLC lifted its stake in Oportun Financial by 11.9% during the fourth quarter. Acuitas Investments LLC now owns 1,150,204 shares of the company's stock worth $4,463,000 after purchasing an additional 122,360 shares during the last quarter. Flaharty Asset Management LLC lifted its stake 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 last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in Oportun Financial by 747.3% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 157,300 shares of the company's stock worth $610,000 after purchasing an additional 138,735 shares during the last quarter. 82.70% of the stock is owned by institutional investors.

Analyst Ratings Changes

OPRT has been the topic of several analyst reports. BTIG Research initiated coverage on Oportun Financial in a report on Wednesday, March 5th. They issued a "buy" rating and a $10.00 price objective on the stock. Sidoti upgraded Oportun Financial to a "hold" rating in a report on Thursday, May 1st. JMP Securities reiterated a "market perform" rating on shares of Oportun Financial in a report on Friday, February 14th. Finally, JPMorgan Chase & Co. decreased their price objective on Oportun Financial from $6.50 to $5.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $7.50.

Oportun Financial Stock Up 5.6%

Shares of OPRT opened at $6.59 on Friday. The business's 50 day moving average price is $5.58 and its 200-day moving average price is $5.15. Oportun Financial Co. has a 52 week low of $2.37 and a 52 week high of $9.25. The stock has a market cap of $289.10 million, a P/E ratio of -3.28 and a beta of 1.25.

Oportun Financial 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.

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