Meros Investment Management LP Invests $6.43 Billion in Oportun Financial Corporation $OPRT

Key Points

• Meros Investment Management acquired 1.13 million Oportun Financial shares, reported at approximately $6.43 billion, giving it a 2.45% stake and making OPRT its 19th-largest portfolio holding. Institutional investors collectively own 82.7% of the company.
• Oportun reported quarterly EPS of $0.42, beating the $0.33 analyst consensus, while revenue of $233.23 million also exceeded estimates. The company issued fiscal 2026 EPS guidance of $1.50–$1.65.
• Analyst sentiment remains mixed: OPRT has a consensus Hold rating and a $7.33 price target, despite Stephens raising its target to $8.00 and Wall Street Zen upgrading the stock to “strong buy.”

Meros Investment Management LP acquired a new stake in shares of Oportun Financial Corporation (NASDAQ:OPRT - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,125,231 shares of the company's stock, valued at approximately $6,425,069,000. Oportun Financial makes up 2.0% of Meros Investment Management LP's investment portfolio, making the stock its 19th biggest position. Meros Investment Management LP owned about 2.45% of Oportun Financial at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Oportun Financial during the second quarter valued at approximately $19,244,000. Cannell Capital LLC grew its holdings in Oportun Financial by 7,067.0% during the second quarter. Cannell Capital LLC now owns 1,601,244 shares of the company's stock worth $11,465,000 after acquiring an additional 1,578,902 shares during the period. Simcoe Capital LLC bought a new position in shares of Oportun Financial during the 4th quarter valued at about $4,208,000. Millennium Management LLC grew its stake in shares of Oportun Financial by 54.1% in the 4th quarter. Millennium Management LLC now owns 1,899,552 shares of the company's stock worth $10,049,000 after purchasing an additional 667,271 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Oportun Financial by 30.4% in the 3rd quarter. Vanguard Group Inc. now owns 2,106,640 shares of the company's stock worth $12,998,000 after purchasing an additional 490,608 shares in the last quarter. Institutional investors own 82.70% of the company's stock.

Oportun Financial Stock Down 1.2%

Shares of Oportun Financial stock opened at $7.51 on Wednesday. Oportun Financial Corporation has a 12-month low of $4.03 and a 12-month high of $8.30. The stock has a 50 day moving average price of $6.24 and a two-hundred day moving average price of $5.53. The stock has a market capitalization of $345.38 million, a P/E ratio of 18.78 and a beta of 1.22.

Oportun Financial (NASDAQ:OPRT - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.09. The company had revenue of $233.23 million for the quarter, compared to analyst estimates of $230.68 million. Oportun Financial had a net margin of 2.05% and a return on equity of 13.41%. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. Sell-side analysts anticipate that Oportun Financial Corporation will post 1.32 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on OPRT shares. Wall Street Zen raised Oportun Financial from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 8th. Stephens lifted their target price on shares of Oportun Financial from $7.00 to $8.00 and gave the stock an "overweight" rating in a research report on Thursday, August 6th. Finally, Weiss Ratings restated a "sell (d+)" rating on shares of Oportun Financial in a report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $7.33.

Oportun Financial Profile

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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