Raul Vazquez Buys 8,844 Shares of Oportun Financial Co. (NASDAQ:OPRT) Stock

Oportun Financial Co. (NASDAQ:OPRT) CEO Raul Vazquez acquired 8,844 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was purchased at an average price of $3.86 per share, with a total value of $34,137.84. Following the transaction, the chief executive officer now owns 1,257,328 shares in the company, valued at $4,853,286.08. This represents a 0.71 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Oportun Financial Trading Down 2.0 %

OPRT stock opened at $4.01 on Thursday. The stock has a 50-day moving average price of $2.96 and a two-hundred day moving average price of $2.97. Oportun Financial Co. has a 1 year low of $2.05 and a 1 year high of $4.60.

Hedge Funds Weigh In On Oportun Financial

Several hedge funds have recently modified their holdings of OPRT. Acuitas Investments LLC bought a new position in shares of Oportun Financial in the 2nd quarter valued at about $1,577,000. RBF Capital LLC grew its holdings in shares of Oportun Financial by 82.9% in the 3rd quarter. RBF Capital LLC now owns 978,079 shares of the company’s stock valued at $2,748,000 after acquiring an additional 443,177 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Oportun Financial by 26.4% in the 2nd quarter. Millennium Management LLC now owns 1,507,012 shares of the company’s stock valued at $4,370,000 after acquiring an additional 314,553 shares in the last quarter. Long Focus Capital Management LLC grew its holdings in shares of Oportun Financial by 6.0% in the 2nd quarter. Long Focus Capital Management LLC now owns 1,740,777 shares of the company’s stock valued at $5,048,000 after acquiring an additional 99,197 shares in the last quarter. Finally, Marshall Wace LLP lifted its stake in Oportun Financial by 53.3% in the 2nd quarter. Marshall Wace LLP now owns 274,969 shares of the company’s stock valued at $797,000 after purchasing an additional 95,637 shares during the last quarter. Institutional investors own 82.70% of the company’s stock.

Wall Street Analyst Weigh In

OPRT has been the subject of a number of recent analyst reports. Singular Research upgraded shares of Oportun Financial to a “strong-buy” rating in a research report on Friday, September 20th. JMP Securities reiterated a “market perform” rating on shares of Oportun Financial in a report on Monday, August 12th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $5.50.

Oportun Financial Company Profile

Oportun Financial Corporation provides financial services. The company offers personal loans and credit cards. It serves customers through online and over the phone, as well as through retail and Lending as a Service partner locations. The company was founded in 2005 and is headquartered in San Carlos, California.