Opera Limited Sponsored ADR $OPRA Shares Acquired by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Opera Limited by 15.5%, now owning 139,892 shares worth approximately $2.23 million.
• Several institutional investors have also significantly modified their holdings in Opera, with Tidal Investments LLC boosting its stake by 75.6% to over 1.17 million shares.
• Opera declared a semi-annual dividend of $0.40 per share, boasting a dividend yield of 410.0% and a payout ratio of 87.64%.

Charles Schwab Investment Management Inc. boosted its stake in Opera Limited Sponsored ADR (NASDAQ:OPRA - Free Report) by 15.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 139,892 shares of the company's stock after purchasing an additional 18,823 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.16% of Opera worth $2,230,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cetera Investment Advisers boosted its holdings in Opera by 5.4% in the first quarter. Cetera Investment Advisers now owns 30,116 shares of the company's stock valued at $480,000 after acquiring an additional 1,535 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Opera by 229.7% in the 4th 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 during the period. Vident Advisory LLC raised its holdings in shares of Opera by 11.0% in the 4th quarter. Vident Advisory LLC now owns 16,056 shares of the company's stock worth $304,000 after purchasing an additional 1,596 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of Opera by 36.1% in the 4th quarter. BNP Paribas Financial Markets now owns 8,215 shares of the company's stock valued at $156,000 after purchasing an additional 2,181 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its holdings 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 purchasing an additional 2,698 shares during the period. Institutional investors and hedge funds own 10.21% of the company's stock.

Opera Stock Up 11.0%

Shares of NASDAQ:OPRA traded up $1.76 during mid-day trading on Wednesday, hitting $17.81. 1,804,901 shares of the company traded hands, compared to its average volume of 551,033. The firm has a market cap of $1.59 billion, a P/E ratio of 20.01 and a beta of 1.03. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.43 and a current ratio of 2.43. Opera Limited Sponsored ADR has a 52-week low of $12.83 and a 52-week high of $22.50. The firm's 50 day simple moving average is $17.37 and its 200 day simple moving average is $17.37.

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

Opera Announces Dividend

The firm also recently declared a semi-annual dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 8th were paid a $0.40 dividend. The ex-dividend date was Tuesday, July 8th. This represents a dividend yield of 410.0%. Opera's payout ratio is 87.64%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on OPRA. Wall Street Zen cut shares of Opera from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. Wedbush reissued an "outperform" rating on shares of Opera in a research note on Tuesday, July 8th. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $24.90.

Opera Company 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.