Oportun Financial (NASDAQ:OPRT) Issues Quarterly Earnings Results

Oportun Financial (NASDAQ:OPRT) posted its quarterly earnings results on Wednesday. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32, Zacks reports. Oportun Financial had a negative return on equity of 6.59% and a negative net margin of 12.75%. Oportun Financial updated its Q1 2025 guidance to EPS and its FY 2025 guidance to 1.100-1.300 EPS.

Oportun Financial Trading Up 21.3 %

Oportun Financial stock traded up $1.26 during midday trading on Thursday, reaching $7.17. The stock had a trading volume of 1,104,040 shares, compared to its average volume of 305,241. Oportun Financial has a 12 month low of $2.05 and a 12 month high of $7.75. The company has a fifty day moving average price of $4.15 and a two-hundred day moving average price of $3.36. The company has a market capitalization of $257.90 million, a P/E ratio of -2.16 and a beta of 1.16.

Insider Buying and Selling

In other Oportun Financial news, insider Patrick Kirscht sold 8,403 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $3.80, for a total transaction of $31,931.40. Following the completion of the sale, the insider now directly owns 333,360 shares of the company’s stock, valued at approximately $1,266,768. The trade was a 2.46 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Raul Vazquez purchased 8,844 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was bought at an average cost of $3.86 per share, with a total value of $34,137.84. Following the completion of the transaction, the chief executive officer now directly owns 1,257,328 shares in the company, valued at $4,853,286.08. The trade was a 0.71 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 41,264 shares of company stock worth $159,826 in the last ninety days. Corporate insiders own 9.30% of the company’s stock.

About Oportun Financial

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.