Bayesian Capital Management LP Purchases Shares of 16,900 Opera Limited (NASDAQ:OPRA)

Bayesian Capital Management LP purchased a new stake in shares of Opera Limited (NASDAQ:OPRA) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 16,900 shares of the company’s stock, valued at approximately $267,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Roumell Asset Management LLC grew its holdings in shares of Opera by 169.2% during the 4th quarter. Roumell Asset Management LLC now owns 376,870 shares of the company’s stock worth $4,986,000 after acquiring an additional 236,870 shares during the period. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Opera by 42.8% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 57,533 shares of the company’s stock worth $910,000 after acquiring an additional 17,242 shares during the period. Richard P Slaughter Associates Inc purchased a new position in shares of Opera during the 1st quarter worth approximately $3,103,000. Aigen Investment Management LP purchased a new position in shares of Opera during the 4th quarter worth approximately $244,000. Finally, Avantax Advisory Services Inc. grew its holdings in shares of Opera by 56.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 24,597 shares of the company’s stock worth $389,000 after acquiring an additional 8,915 shares during the period. Institutional investors own 10.21% of the company’s stock.

Opera Stock Up 0.8 %

OPRA stock opened at $12.58 on Thursday. Opera Limited has a fifty-two week low of $10.30 and a fifty-two week high of $18.35. The business’s 50 day moving average price is $13.47 and its two-hundred day moving average price is $13.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.10 and a current ratio of 2.10. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 6.69 and a beta of 0.98.

Opera Announces Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Monday, July 15th. Investors of record on Tuesday, July 2nd were paid a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, July 2nd. This represents a dividend yield of 5.6%. Opera’s payout ratio is currently 41.49%.

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.