Insider Selling: Oportun Financial (NASDAQ:OPRT) CAO Sells $22,081.80 in Stock

Key Points

• Oportun Financial CAO Joseph Andrew Schueller sold 2,831 shares at an average price of $7.80, receiving $22,081.80 and reducing his ownership by 3.83%. He also sold 28 additional shares worth $218.40.
• OPRT shares rose 2.9% to $8.10, near the company’s 12-month high of $8.30. Oportun recently reported quarterly EPS of $0.42, beating analyst expectations of $0.33, while revenue also exceeded estimates.
• Institutional investors own 82.7% of Oportun’s stock, and analyst sentiment remains mixed: the consensus rating is “Hold” with an average price target of $7.33.

Oportun Financial Corporation (NASDAQ:OPRT - Get Free Report) CAO Joseph Andrew Schueller sold 2,831 shares of the business's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $7.80, for a total transaction of $22,081.80. Following the transaction, the chief accounting officer owned 71,149 shares in the company, valued at $554,962.20. This represents a 3.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Joseph Andrew Schueller also recently made the following trade(s):

• On Friday, September 11th, Joseph Andrew Schueller sold 28 shares of Oportun Financial stock. The stock was sold at an average price of $7.80, for a total value of $218.40.

Oportun Financial Stock Up 2.9%

Shares of OPRT stock traded up $0.23 during trading on Monday, reaching $8.10. 381,162 shares of the company's stock were exchanged, compared to its average volume of 518,111. Oportun Financial Corporation has a twelve month low of $4.03 and a twelve month high of $8.30. The firm's fifty day moving average price is $6.76 and its 200-day moving average price is $5.75. The stock has a market capitalization of $372.52 million, a PE ratio of 20.25 and a beta of 1.24.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Clearstead Advisors LLC increased its holdings in shares of Oportun Financial by 192.9% during the fourth quarter. Clearstead Advisors LLC now owns 5,574 shares of the company's stock worth $29,000 after purchasing an additional 3,671 shares during the period. Pinnacle Holdings LLC bought a new stake in shares of Oportun Financial in the second quarter valued at approximately $33,000. The Manufacturers Life Insurance Company bought a new stake in shares of Oportun Financial in the second quarter valued at approximately $66,000. Abel Hall LLC acquired a new stake in Oportun Financial during the first quarter worth approximately $57,000. Finally, Canada Pension Plan Investment Board acquired a new stake in Oportun Financial during the second quarter worth approximately $74,000. Institutional investors and hedge funds own 82.70% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on OPRT. Wall Street Zen upgraded shares of Oportun Financial from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 8th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Oportun Financial in a research report on Wednesday, June 24th. Finally, Stephens increased their target price on Oportun Financial from $7.00 to $8.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $7.33.

Oportun Financial Company Profile

Oportun Financial Corporation is a financial technology company that provides credit and other financial services to consumers who may have limited access to traditional banking products. The company focuses on using technology and data-driven underwriting to offer more accessible and affordable financial solutions.

Oportun's products have included unsecured personal loans, credit cards and savings services. Its personal loans are designed to provide borrowers with installment financing for needs such as debt consolidation, home expenses and unexpected costs.

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