Insider Buying: Mohit Daswani Acquires Shares of Oportun Financial Corp (OPRT)

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Dec 14, 2024
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On December 13, 2024, Mohit Daswani, a Director at Oportun Financial Corp (OPRT, Financial), purchased 7,420 shares of the company. Following this transaction, the insider now owns a total of 41,924 shares. This purchase is documented in the SEC Filing. Oportun Financial Corp is a financial services company that provides personal loans and financial services to individuals with limited or no credit history. The company aims to offer affordable and responsible financial products to its customers. The insider transaction history for Oportun Financial Corp indicates that there have been five insider buys and five insider sells over the past year. This recent purchase by Mohit Daswani is part of the insider's total acquisition of 7,420 shares over the past year, with no shares sold. 1867723280572641280.png On the day of the purchase, shares of Oportun Financial Corp were trading at $3.90, resulting in a market cap of $140.288 million. The stock's GF Value was estimated at $2.68, giving it a price-to-GF-Value ratio of 1.46. This suggests that the stock is significantly overvalued based on its GF Value. 1867723342530899968.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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