Published on 1 Feb 2024 on Simply Wall St. via Yahoo Finance
Oportun Financial Corporation (NASDAQ:OPRT) is favoured by institutional owners who hold 53% of the...
Key Insights
Given the large stake in the stock by institutions, Oportun Financial's stock price might be vulnerable to their trading decisions51% of the business is held by the top 10 shareholders Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business
To get a sense of who is truly in control of Oportun Financial Corporation (NASDAQ:OPRT), it is important to understand the ownership structure of the business. With 53% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).