Union Square Park Capital Management LLC Buys Shares of 100,000 Oportun Financial Corporation $OPRT

Union Square Park Capital Management LLC bought a new stake in shares of Oportun Financial Corporation (NASDAQ:OPRT) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 100,000 shares of the company’s stock, valued at approximately $461,000. Union Square Park Capital Management LLC owned about 0.22% of Oportun Financial at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the stock. Rhumbline Advisers grew its stake in Oportun Financial by 5.8% during the 3rd quarter. Rhumbline Advisers now owns 51,467 shares of the company’s stock worth $318,000 after buying an additional 2,817 shares during the last quarter. Flaharty Asset Management LLC lifted its stake in Oportun Financial by 23.1% in the fourth quarter. Flaharty Asset Management LLC now owns 16,000 shares of the company’s stock valued at $85,000 after buying an additional 3,000 shares during the last quarter. Clearstead Advisors LLC lifted its stake in Oportun Financial by 192.9% in the fourth quarter. Clearstead Advisors LLC now owns 5,574 shares of the company’s stock valued at $29,000 after buying an additional 3,671 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of Oportun Financial during the fourth quarter valued at $28,000. Finally, Mackenzie Financial Corp grew its position in shares of Oportun Financial by 11.7% during the third quarter. Mackenzie Financial Corp now owns 56,477 shares of the company’s stock worth $348,000 after acquiring an additional 5,908 shares during the last quarter. Institutional investors own 82.70% of the company’s stock.

Oportun Financial Stock Up 5.5%

OPRT stock opened at $5.59 on Friday. The company has a market capitalization of $256.58 million, a P/E ratio of 15.11 and a beta of 1.23. The company has a 50-day simple moving average of $5.45 and a 200 day simple moving average of $5.28. Oportun Financial Corporation has a fifty-two week low of $4.03 and a fifty-two week high of $7.33.

Oportun Financial (NASDAQ:OPRT) last released its earnings results on Thursday, May 7th. The company reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. Oportun Financial had a net margin of 1.87% and a return on equity of 12.14%. The firm had revenue of $228.76 million for the quarter, compared to analysts’ expectations of $228.58 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. Equities analysts anticipate that Oportun Financial Corporation will post 1.24 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Oportun Financial in a research note on Wednesday, June 24th. JPMorgan Chase & Co. cut their price target on Oportun Financial from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Oportun Financial has an average rating of “Hold” and an average price target of $7.00.

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.