Joseph Andrew Schueller Sells 2,831 Shares of Oportun Financial (NASDAQ:OPRT) Stock

Oportun Financial Corporation (NASDAQ:OPRT) CAO Joseph Andrew Schueller sold 2,831 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $7.80, for a total value of $22,081.80. Following the sale, the chief accounting officer owned 71,149 shares of the company’s stock, valued at $554,962.20. The trade was a 3.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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 shares were sold at an average price of $7.80, for a total value of $218.40.

Oportun Financial Price Performance

Shares of OPRT opened at $7.86 on Wednesday. The business’s 50-day moving average is $6.85 and its 200-day moving average is $5.79. The company has a market capitalization of $361.48 million, a price-to-earnings ratio of 19.65 and a beta of 1.24. Oportun Financial Corporation has a fifty-two week low of $4.03 and a fifty-two week high of $8.30.

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

Institutional Trading of Oportun Financial

A number of institutional investors and hedge funds have recently modified their holdings of OPRT. Clearstead Advisors LLC boosted its holdings in shares of Oportun Financial by 192.9% during the 4th quarter. Clearstead Advisors LLC now owns 5,574 shares of the company’s stock worth $29,000 after buying an additional 3,671 shares during the period. Pinnacle Holdings LLC bought a new position in Oportun Financial in the 2nd quarter worth $33,000. The Manufacturers Life Insurance Company bought a new position in Oportun Financial in the 2nd quarter worth $66,000. Abel Hall LLC acquired a new position in Oportun Financial during the 1st quarter worth $57,000. Finally, Canada Pension Plan Investment Board acquired a new position in Oportun Financial during the 2nd quarter worth $74,000. 82.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

About Oportun Financial

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.