Insider Selling: Oportun Financial (NASDAQ:OPRT) Insider Sells $94,839.50 in Stock

Oportun Financial Corporation (NASDAQ:OPRT) insider Kathleen Layton sold 19,355 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $4.90, for a total transaction of $94,839.50. Following the completion of the transaction, the insider directly owned 225,872 shares of the company’s stock, valued at $1,106,772.80. This represents a 7.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Oportun Financial Price Performance

NASDAQ:OPRT opened at $4.26 on Friday. Oportun Financial Corporation has a 12 month low of $4.05 and a 12 month high of $7.97. The firm has a market capitalization of $189.57 million, a PE ratio of 8.04 and a beta of 1.18. The business’s fifty day moving average price is $5.23 and its 200 day moving average price is $5.49.

Oportun Financial (NASDAQ:OPRT) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. Oportun Financial had a net margin of 2.64% and a return on equity of 14.82%. The company had revenue of $247.80 million for the quarter, compared to analysts’ expectations of $243.48 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. As a group, equities analysts anticipate that Oportun Financial Corporation will post 0.94 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on OPRT. BTIG Research reiterated a “buy” rating and issued a $9.00 price objective on shares of Oportun Financial in a research report on Friday, February 27th. Wall Street Zen lowered shares of Oportun Financial from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. JPMorgan Chase & Co. upgraded shares of Oportun Financial from an “underweight” rating to a “neutral” rating and set a $5.50 price objective for the company in a research report on Monday, January 12th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Oportun Financial in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $8.17.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. State of Tennessee Department of Treasury acquired a new position in Oportun Financial during the fourth quarter worth $145,000. Mackenzie Financial Corp increased its stake in shares of Oportun Financial by 21.1% during the 4th quarter. Mackenzie Financial Corp now owns 68,368 shares of the company’s stock worth $365,000 after purchasing an additional 11,891 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Oportun Financial by 11.2% in the 4th quarter. Empowered Funds LLC now owns 172,033 shares of the company’s stock valued at $910,000 after purchasing an additional 17,349 shares during the period. nVerses Capital LLC acquired a new stake in Oportun Financial in the 4th quarter valued at about $80,000. Finally, Odyssean LLC acquired a new stake in shares of Oportun Financial in the fourth quarter valued at approximately $100,000. 82.70% of the stock is owned by institutional investors and hedge funds.

Oportun Financial Company 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.