R Neil Williams Buys 25,000 Shares of Oportun Financial Co. (NASDAQ:OPRT) Stock

Oportun Financial Co. (NASDAQ:OPRT) Director R Neil Williams bought 25,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were purchased at an average price of $3.87 per share, for a total transaction of $96,750.00. Following the transaction, the director now directly owns 140,338 shares of the company’s stock, valued at approximately $543,108.06. This represents a 21.68 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

Oportun Financial Trading Up 1.6 %

Shares of Oportun Financial stock traded up $0.06 during trading hours on Wednesday, reaching $3.86. 198,541 shares of the company’s stock were exchanged, compared to its average volume of 229,905. Oportun Financial Co. has a 52-week low of $2.05 and a 52-week high of $4.60. The firm has a market capitalization of $138.85 million, a price-to-earnings ratio of -1.15 and a beta of 1.17. The company has a fifty day moving average of $3.05 and a 200-day moving average of $2.98.

Institutional Trading of Oportun Financial

Several large investors have recently added to or reduced their stakes in the stock. SkyView Investment Advisors LLC boosted its position in Oportun Financial by 59.3% in the 3rd quarter. SkyView Investment Advisors LLC now owns 107,500 shares of the company’s stock valued at $302,000 after buying an additional 40,000 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Oportun Financial by 4.9% in the third quarter. Geode Capital Management LLC now owns 311,450 shares of the company’s stock worth $875,000 after acquiring an additional 14,683 shares during the last quarter. RBF Capital LLC increased its stake in shares of Oportun Financial by 82.9% in the third quarter. RBF Capital LLC now owns 978,079 shares of the company’s stock valued at $2,748,000 after purchasing an additional 443,177 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Oportun Financial in the third quarter valued at approximately $52,000. Finally, Empowered Funds LLC raised its holdings in Oportun Financial by 5.4% during the third quarter. Empowered Funds LLC now owns 110,620 shares of the company’s stock worth $311,000 after purchasing an additional 5,628 shares in the last quarter. 82.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Singular Research upgraded Oportun Financial to a “strong-buy” rating in a research report on Friday, September 20th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Oportun Financial currently has a consensus rating of “Moderate Buy” and an average price target of $5.50.

About Oportun Financial

Oportun Financial Corporation provides financial services. The company offers personal loans and credit cards. It serves customers through online and over the phone, as well as through retail and Lending as a Service partner locations. The company was founded in 2005 and is headquartered in San Carlos, California.