Oportun Financial Co. (NASDAQ:OPRT) CEO Purchases $34,137.84 in Stock

Oportun Financial Co. (NASDAQ:OPRT) CEO Raul Vazquez bought 8,844 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were acquired at an average cost of $3.86 per share, with a total value of $34,137.84. Following the completion of the purchase, the chief executive officer now owns 1,257,328 shares in the company, valued at $4,853,286.08. This represents a 0.71 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Oportun Financial Stock Up 8.8 %

Shares of OPRT opened at $4.09 on Wednesday. The stock has a market capitalization of $147.12 million, a P/E ratio of -1.24 and a beta of 1.17. Oportun Financial Co. has a twelve month low of $2.05 and a twelve month high of $4.60. The company has a 50 day moving average of $2.93 and a 200-day moving average of $2.96.

Hedge Funds Weigh In On Oportun Financial

Several hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio grew its stake in shares of Oportun Financial by 30.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 15,103 shares of the company’s stock worth $37,000 after acquiring an additional 3,521 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Oportun Financial by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 110,620 shares of the company’s stock worth $311,000 after acquiring an additional 5,628 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Oportun Financial by 4.9% during the 3rd 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 in the last quarter. Flaharty Asset Management LLC grew its stake in shares of Oportun Financial by 75.0% in the second quarter. Flaharty Asset Management LLC now owns 35,000 shares of the company’s stock valued at $102,000 after buying an additional 15,000 shares in the last quarter. Finally, SkyView Investment Advisors LLC grew its stake in shares of Oportun Financial by 28.6% in the second quarter. SkyView Investment Advisors LLC now owns 67,500 shares of the company’s stock valued at $196,000 after buying an additional 15,000 shares in the last quarter. 82.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on OPRT. Singular Research raised Oportun Financial to a “strong-buy” rating in a research note on Friday, September 20th. JMP Securities reissued a “market perform” rating on shares of Oportun Financial in a research note on Monday, August 12th. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.