SG Americas Securities LLC purchased a new position in shares of Oportun Financial Co. (NASDAQ:OPRT – Get Rating) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 19,660 shares of the company’s stock, valued at approximately $163,000. SG Americas Securities LLC owned approximately 0.06% of Oportun Financial as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently added to or reduced their stakes in OPRT. Russell Investments Group Ltd. boosted its stake in Oportun Financial by 81.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 143,685 shares of the company’s stock worth $1,185,000 after purchasing an additional 64,652 shares during the last quarter. Denali Advisors LLC acquired a new stake in Oportun Financial in the 2nd quarter valued at about $27,000. Hennion & Walsh Asset Management Inc. purchased a new position in Oportun Financial in the 2nd quarter worth approximately $163,000. Amalgamated Bank acquired a new position in shares of Oportun Financial during the 1st quarter worth approximately $37,000. Finally, Zebra Capital Management LLC purchased a new stake in shares of Oportun Financial in the first quarter valued at approximately $321,000. 69.87% of the stock is owned by institutional investors and hedge funds.
Oportun Financial Stock Performance
Oportun Financial stock opened at $6.60 on Friday. The company has a market capitalization of $219.05 million, a price-to-earnings ratio of -3.98 and a beta of 1.72. The company’s 50 day simple moving average is $4.87 and its 200-day simple moving average is $7.81. Oportun Financial Co. has a 1 year low of $4.03 and a 1 year high of $27.95.
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Oportun Financial Company Profile
Oportun Financial Corporation provides financial services. It offers personal loans, auto loans, and credit cards. The company serves customers online and over-the-phone, as well as through retail locations. It operates in 24 states in the United States, which include Arkansas, Delaware, Indiana, Kentucky, Mississippi, Montana, North Dakota, New Hampshire, Oregon, South Carolina, South Dakota, and Virginia.
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