Acuitas Investments LLC Increases Stock Holdings in Oportun Financial Corporation $OPRT

Acuitas Investments LLC lifted its holdings in Oportun Financial Corporation (NASDAQ:OPRT) by 20.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 892,449 shares of the company’s stock after purchasing an additional 151,008 shares during the quarter. Oportun Financial accounts for approximately 3.5% of Acuitas Investments LLC’s holdings, making the stock its 6th largest position. Acuitas Investments LLC owned approximately 2.02% of Oportun Financial worth $5,506,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Oportun Financial by 30.4% during the third quarter. Vanguard Group Inc. now owns 2,106,640 shares of the company’s stock worth $12,998,000 after purchasing an additional 490,608 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Oportun Financial by 28.9% in the first quarter. Millennium Management LLC now owns 1,936,797 shares of the company’s stock valued at $10,633,000 after buying an additional 433,827 shares during the period. Cannell Capital LLC lifted its holdings in shares of Oportun Financial by 7,067.0% in the second quarter. Cannell Capital LLC now owns 1,601,244 shares of the company’s stock valued at $11,465,000 after buying an additional 1,578,902 shares during the period. Dimensional Fund Advisors LP boosted its stake in Oportun Financial by 17.0% during the third quarter. Dimensional Fund Advisors LP now owns 1,012,114 shares of the company’s stock valued at $6,245,000 after buying an additional 147,319 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Oportun Financial by 131.6% during the second quarter. Geode Capital Management LLC now owns 776,844 shares of the company’s stock valued at $5,563,000 after buying an additional 441,392 shares in the last quarter. 82.70% of the stock is owned by institutional investors and hedge funds.

Oportun Financial Stock Performance

Shares of NASDAQ OPRT opened at $4.54 on Wednesday. The stock has a market cap of $202.03 million, a PE ratio of 8.57 and a beta of 1.18. Oportun Financial Corporation has a 52-week low of $4.05 and a 52-week high of $7.97. The business has a fifty day moving average of $5.20 and a two-hundred day moving average of $5.45.

Oportun Financial (NASDAQ:OPRT) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The company had revenue of $247.80 million for the quarter, compared to analyst estimates of $243.48 million. Oportun Financial had a return on equity of 14.82% and a net margin of 2.64%.Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. Analysts predict that Oportun Financial Corporation will post 0.94 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Patrick Kirscht sold 54,299 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $4.90, for a total transaction of $266,065.10. Following the sale, the insider directly owned 439,618 shares of the company’s stock, valued at $2,154,128.20. This represents a 10.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Kathleen I. Layton sold 19,355 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $4.90, for a total transaction of $94,839.50. Following the completion of the sale, the insider directly owned 225,872 shares of the company’s stock, valued at approximately $1,106,772.80. This represents a 7.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 9.30% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Wall Street Zen cut shares of Oportun Financial from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Oportun Financial in a research note on Monday, December 29th. BTIG Research restated a “buy” rating and set a $9.00 price objective on shares of Oportun Financial in a report on Friday, February 27th. Finally, JPMorgan Chase & Co. upgraded Oportun Financial from an “underweight” rating to a “neutral” rating and set a $5.50 target price for the company in a report on Monday, January 12th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $8.17.

About Oportun Financial

Oportun Financial Corporation (NASDAQ: OPRT) is a financial technology company that provides consumer lending products aimed at serving the underbanked and credit-invisible population in the United States. Headquartered in Redwood City, California, Oportun operates a digital platform that enables borrowers to access credit through unsecured personal installment loans, secured credit-builder loans and a proprietary mobile wallet. The company leverages machine learning and alternative data sources to assess creditworthiness, extending financial services to customers with limited or no traditional credit history.

The company’s core offerings include fixed-term installment loans designed to help individuals cover unexpected expenses, consolidate debt or build credit.