JT Stratford LLC Buys 29,943 Shares of Opera Limited Sponsored ADR $OPRA

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

JT Stratford LLC increased its position in shares of Opera Limited Sponsored ADR (NASDAQ:OPRA - Free Report) by 28.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 136,833 shares of the company's stock after buying an additional 29,943 shares during the period. JT Stratford LLC owned 0.15% of Opera worth $2,181,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of OPRA. Cetera Investment Advisers boosted its position in shares of Opera by 5.4% during the 1st quarter. Cetera Investment Advisers now owns 30,116 shares of the company's stock valued at $480,000 after purchasing an additional 1,535 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in Opera by 229.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,222 shares of the company's stock worth $42,000 after purchasing an additional 1,548 shares in the last quarter. Vident Advisory LLC lifted its stake in Opera by 11.0% in the fourth quarter. Vident Advisory LLC now owns 16,056 shares of the company's stock valued at $304,000 after buying an additional 1,596 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of Opera by 36.1% during the 4th quarter. BNP Paribas Financial Markets now owns 8,215 shares of the company's stock worth $156,000 after buying an additional 2,181 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its position in shares of Opera by 2.5% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 108,571 shares of the company's stock worth $1,731,000 after buying an additional 2,698 shares during the period. Institutional investors own 10.21% of the company's stock.

Analyst Upgrades and Downgrades

OPRA has been the topic of a number of research reports. Wall Street Zen upgraded shares of Opera from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Lake Street Capital lifted their price target on shares of Opera from $23.00 to $24.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Finally, Wedbush reissued an "outperform" rating on shares of Opera in a research report on Tuesday, July 8th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $24.90.

Opera Stock Up 1.6%

Shares of OPRA traded up $0.26 during trading hours on Thursday, reaching $16.04. The stock had a trading volume of 998,999 shares, compared to its average volume of 736,583. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 18.02 and a beta of 0.96. The firm has a 50-day simple moving average of $17.69 and a 200 day simple moving average of $17.63. The company has a current ratio of 2.43, a quick ratio of 2.17 and a debt-to-equity ratio of 0.01. Opera Limited Sponsored ADR has a 12 month low of $12.83 and a 12 month high of $22.50.

Opera (NASDAQ:OPRA - Get Free Report) last released its quarterly earnings data on Tuesday, August 19th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). Opera had a return on equity of 8.85% and a net margin of 14.53%.The business had revenue of $142.96 million for the quarter, compared to analyst estimates of $137.44 million. During the same quarter in the previous year, the company posted $0.44 EPS. Opera has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that Opera Limited Sponsored ADR will post 0.81 earnings per share for the current fiscal year.

Opera Announces Dividend

The business also recently declared a semi-annual dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 8th were paid a dividend of $0.40 per share. The ex-dividend date was Tuesday, July 8th. This represents a yield of 410.0%. Opera's payout ratio is 82.98%.

Opera Profile

Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Norway and internationally. The company offers mobile browser products, such as Opera Mini, Opera browser for Android and iOS, and Opera GX for PCs and Mobile; Opera Touch; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered personalized news discovery and aggregation service.