Sei Investments Co. Acquires Shares of 18,736 Opera Limited (NASDAQ:OPRA)

Sei Investments Co. bought a new position in Opera Limited (NASDAQ:OPRA) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 18,736 shares of the company’s stock, valued at approximately $355,000.

A number of other large investors have also made changes to their positions in OPRA. US Bancorp DE grew its position in Opera by 2,065.1% during the 4th quarter. US Bancorp DE now owns 1,364 shares of the company’s stock worth $26,000 after purchasing an additional 1,301 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Opera by 74.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,580 shares of the company’s stock valued at $30,000 after buying an additional 674 shares in the last quarter. GAMMA Investing LLC raised its position in Opera by 66.3% during the fourth quarter. GAMMA Investing LLC now owns 3,430 shares of the company’s stock valued at $65,000 after buying an additional 1,368 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Opera in the 4th quarter worth about $81,000. Finally, Signaturefd LLC boosted its position in Opera by 26.5% during the 4th quarter. Signaturefd LLC now owns 5,406 shares of the company’s stock worth $102,000 after acquiring an additional 1,134 shares during the period. Institutional investors and hedge funds own 10.21% of the company’s stock.

Analyst Ratings Changes

Separately, Piper Sandler initiated coverage on Opera in a report on Wednesday, February 5th. They issued an “overweight” rating and a $25.00 target price on the stock. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $24.80.

Opera Price Performance

Shares of NASDAQ:OPRA opened at $14.93 on Friday. The business has a fifty day simple moving average of $18.00 and a 200 day simple moving average of $17.90. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.01. Opera Limited has a 1 year low of $10.11 and a 1 year high of $22.50. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 7.58 and a beta of 0.96.

Opera Company Profile

Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Norway and internationally. The company offers mobile browser products, such as Opera Mini, Opera browser for Android and iOS, and Opera GX for PCs and Mobile; Opera Touch; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered personalized news discovery and aggregation service.