GAMMA Investing LLC Has $76,000 Stake in Opera Limited Sponsored ADR $OPRA

GAMMA Investing LLC boosted its holdings in shares of Opera Limited Sponsored ADR (NASDAQ:OPRA) by 46.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,016 shares of the company’s stock after purchasing an additional 1,279 shares during the period. GAMMA Investing LLC’s holdings in Opera were worth $76,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Driehaus Capital Management LLC increased its stake in shares of Opera by 14.4% in the first quarter. Driehaus Capital Management LLC now owns 642,965 shares of the company’s stock valued at $10,249,000 after buying an additional 80,866 shares in the last quarter. Lord Abbett & CO. LLC increased its stake in shares of Opera by 2.1% in the first quarter. Lord Abbett & CO. LLC now owns 406,158 shares of the company’s stock valued at $6,474,000 after buying an additional 8,305 shares in the last quarter. Credit Agricole S A increased its stake in shares of Opera by 29.0% in the first quarter. Credit Agricole S A now owns 231,523 shares of the company’s stock valued at $3,690,000 after buying an additional 52,020 shares in the last quarter. American Trust Investment Advisors LLC increased its stake in shares of Opera by 0.9% in the first quarter. American Trust Investment Advisors LLC now owns 181,560 shares of the company’s stock valued at $2,894,000 after buying an additional 1,683 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Opera by 24.9% in the first quarter. Goldman Sachs Group Inc. now owns 153,906 shares of the company’s stock valued at $2,453,000 after buying an additional 30,662 shares in the last quarter. 10.21% of the stock is currently owned by institutional investors and hedge funds.

Opera Stock Down 7.0%

Shares of Opera stock opened at $18.30 on Friday. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 0.01. Opera Limited Sponsored ADR has a 12 month low of $12.83 and a 12 month high of $22.50. The business has a fifty day simple moving average of $17.58 and a 200 day simple moving average of $17.48. The stock has a market cap of $1.64 billion, a PE ratio of 20.56 and a beta of 1.12.

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

Analyst Ratings Changes

A number of brokerages have recently weighed in on OPRA. Zacks Research lowered Opera from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 3rd. Wall Street Zen cut Opera from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. Finally, Wedbush reissued 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 and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $24.90.

Opera 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.