Opera Limited Sponsored ADR $OPRA Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its stake in shares of Opera Limited Sponsored ADR (NASDAQ:OPRA) by 15.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 139,892 shares of the company’s stock after purchasing an additional 18,823 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.16% of Opera worth $2,230,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of OPRA. Tidal Investments LLC raised its holdings in shares of Opera by 75.6% during the 4th quarter. Tidal Investments LLC now owns 1,176,565 shares of the company’s stock valued at $22,284,000 after buying an additional 506,425 shares during the period. Driehaus Capital Management LLC purchased a new stake in shares of Opera during the fourth quarter valued at approximately $10,646,000. Cubist Systematic Strategies LLC raised its stake in shares of Opera by 24.9% during the fourth quarter. Cubist Systematic Strategies LLC now owns 257,024 shares of the company’s stock valued at $4,868,000 after purchasing an additional 51,245 shares during the period. American Trust Investment Advisors LLC lifted its position in shares of Opera by 1.6% during the fourth quarter. American Trust Investment Advisors LLC now owns 179,877 shares of the company’s stock worth $3,407,000 after purchasing an additional 2,780 shares in the last quarter. Finally, Point72 Asset Management L.P. boosted its stake in shares of Opera by 176.5% in the fourth quarter. Point72 Asset Management L.P. now owns 159,000 shares of the company’s stock valued at $3,011,000 after purchasing an additional 101,500 shares during the period. Hedge funds and other institutional investors own 10.21% of the company’s stock.

Opera Trading Down 3.0%

NASDAQ OPRA opened at $16.25 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.43 and a current ratio of 2.43. Opera Limited Sponsored ADR has a one year low of $12.83 and a one year high of $22.50. The company has a 50-day simple moving average of $17.44 and a 200-day simple moving average of $17.45. The firm has a market capitalization of $1.45 billion, a PE ratio of 18.26 and a beta of 0.96.

Opera (NASDAQ:OPRA) last issued its earnings results on Tuesday, August 19th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). The company had revenue of $142.96 million during the quarter, compared to analyst estimates of $137.44 million. Opera had a net margin of 14.53% and a return on equity of 8.85%. During the same quarter in the previous year, the firm earned $0.44 earnings per share. Opera has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts forecast that Opera Limited Sponsored ADR will post 0.81 earnings per share for the current year.

Opera Announces Dividend

The company also recently declared a semi-annual dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 8th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, July 8th. This represents a dividend yield of 410.0%. Opera’s payout ratio is 87.64%.

Wall Street Analyst Weigh In

OPRA has been the subject of several recent analyst reports. Wall Street Zen downgraded Opera from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. Wedbush restated an “outperform” rating on shares of Opera in a research note on Tuesday, July 8th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $24.90.

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.