Telos Capital Management Inc. Makes New $52,000 Investment in Oportun Financial Co. (NASDAQ:OPRT)

Telos Capital Management Inc. purchased a new stake in shares of Oportun Financial Co. (NASDAQ:OPRT) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 13,343 shares of the company’s stock, valued at approximately $52,000.

A number of other institutional investors have also recently made changes to their positions in OPRT. Connor Clark & Lunn Investment Management Ltd. bought a new position in Oportun Financial during the third quarter valued at approximately $52,000. SkyView Investment Advisors LLC lifted its holdings in shares of Oportun Financial by 59.3% during the 3rd quarter. SkyView Investment Advisors LLC now owns 107,500 shares of the company’s stock valued at $302,000 after buying an additional 40,000 shares during the period. Empowered Funds LLC boosted its stake in shares of Oportun Financial by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 110,620 shares of the company’s stock worth $311,000 after buying an additional 5,628 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Oportun Financial by 4.9% in the third quarter. Geode Capital Management LLC now owns 311,450 shares of the company’s stock worth $875,000 after acquiring an additional 14,683 shares during the period. Finally, RBF Capital LLC increased its position in Oportun Financial by 82.9% during the third 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 during the last quarter. Hedge funds and other institutional investors own 82.70% of the company’s stock.

Insider Transactions at Oportun Financial

In related news, Director Mohit Daswani purchased 7,420 shares of Oportun Financial stock in a transaction on Friday, December 13th. The stock was acquired at an average price of $3.90 per share, for a total transaction of $28,938.00. Following the completion of the transaction, the director now directly owns 41,924 shares in the company, valued at $163,503.60. This represents a 21.50 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Raul Vazquez acquired 8,844 shares of the stock in a transaction dated Wednesday, November 27th. The shares were bought at an average cost of $3.86 per share, for a total transaction of $34,137.84. Following the completion of the transaction, the chief executive officer now owns 1,257,328 shares in the company, valued at approximately $4,853,286.08. This represents a 0.71 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 41,264 shares of company stock worth $159,826 in the last quarter. Company insiders own 9.30% of the company’s stock.

Oportun Financial Stock Performance

Shares of NASDAQ:OPRT opened at $5.37 on Friday. The stock’s 50-day simple moving average is $4.01 and its two-hundred day simple moving average is $3.29. The stock has a market capitalization of $193.19 million, a price-to-earnings ratio of -1.63 and a beta of 1.16. Oportun Financial Co. has a 52-week low of $2.05 and a 52-week high of $5.57.

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.