Signaturefd LLC Increases Stock Position in Opera Limited (NASDAQ:OPRA)

Signaturefd LLC increased its position in shares of Opera Limited (NASDAQ:OPRA) by 26.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,406 shares of the company’s stock after buying an additional 1,134 shares during the period. Signaturefd LLC’s holdings in Opera were worth $102,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in OPRA. Handelsbanken Fonder AB increased its position in shares of Opera by 2.8% during the fourth quarter. Handelsbanken Fonder AB now owns 21,900 shares of the company’s stock worth $415,000 after acquiring an additional 600 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Opera by 74.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,580 shares of the company’s stock worth $30,000 after purchasing an additional 674 shares during the last quarter. State Street Corp raised its position in shares of Opera by 5.1% in the 3rd quarter. State Street Corp now owns 17,129 shares of the company’s stock valued at $265,000 after purchasing an additional 832 shares in the last quarter. National Bank of Canada FI boosted its stake in shares of Opera by 14.4% during the 3rd quarter. National Bank of Canada FI now owns 9,333 shares of the company’s stock valued at $144,000 after buying an additional 1,175 shares during the last quarter. Finally, US Bancorp DE grew its position in shares of Opera by 2,065.1% during the fourth quarter. US Bancorp DE now owns 1,364 shares of the company’s stock worth $26,000 after buying an additional 1,301 shares in the last quarter. Institutional investors and hedge funds own 10.21% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler started coverage on shares of Opera in a report on Wednesday, February 5th. They issued an “overweight” rating and a $25.00 price target on the stock. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Opera currently has an average rating of “Buy” and an average price target of $24.80.

Opera Trading Up 0.3 %

NASDAQ:OPRA opened at $17.79 on Monday. The company has a market cap of $1.57 billion, a PE ratio of 9.03 and a beta of 1.12. The business’s 50 day moving average is $18.71 and its two-hundred day moving average is $17.80. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.01. Opera Limited has a 52 week low of $10.11 and a 52 week high of $22.50.

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.