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

Telos Capital Management Inc. acquired a new stake in Oportun Financial Co. (NASDAQ:OPRT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,343 shares of the company’s stock, valued at approximately $52,000.

A number of other hedge funds have also recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Oportun Financial during the 3rd quarter valued at approximately $52,000. SkyView Investment Advisors LLC grew its holdings in 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 in the last quarter. Empowered Funds LLC raised its position in shares of Oportun Financial by 5.4% during the third quarter. Empowered Funds LLC now owns 110,620 shares of the company’s stock valued at $311,000 after buying an additional 5,628 shares during the last quarter. Geode Capital Management LLC lifted 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 buying an additional 14,683 shares in the last quarter. Finally, RBF Capital LLC boosted its position in shares of Oportun Financial by 82.9% during the third quarter. RBF Capital LLC now owns 978,079 shares of the company’s stock worth $2,748,000 after acquiring an additional 443,177 shares during the last quarter. Institutional investors own 82.70% of the company’s stock.

Oportun Financial Stock Performance

OPRT opened at $5.37 on Friday. 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 fifty-two week low of $2.05 and a fifty-two week high of $5.57. The company has a fifty day moving average of $4.01 and a 200 day moving average of $3.29.

Insider Transactions at Oportun Financial

In other Oportun Financial news, CEO Raul Vazquez purchased 8,844 shares of Oportun Financial stock in a transaction that occurred on Wednesday, November 27th. The shares were bought at an average price 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 of the company’s stock, valued at approximately $4,853,286.08. This trade represents a 0.71 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Mohit Daswani purchased 7,420 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were acquired at an average cost of $3.90 per share, for a total transaction of $28,938.00. Following the purchase, the director now owns 41,924 shares of the company’s stock, valued at $163,503.60. This represents a 21.50 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 41,264 shares of company stock valued at $159,826. 9.30% of the stock is currently owned by insiders.

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.