US Bancorp DE Buys 1,301 Shares of Opera Limited (NASDAQ:OPRA)

US Bancorp DE increased its stake in Opera Limited (NASDAQ:OPRA) by 2,065.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,364 shares of the company’s stock after purchasing an additional 1,301 shares during the quarter. US Bancorp DE’s holdings in Opera were worth $26,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of OPRA. Larson Financial Group LLC purchased a new stake in Opera in the 3rd quarter worth $61,000. GAMMA Investing LLC increased its stake in Opera by 66.3% in the 4th quarter. GAMMA Investing LLC now owns 3,430 shares of the company’s stock worth $65,000 after buying an additional 1,368 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Opera in the 3rd quarter worth $74,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Opera in the 4th quarter worth $81,000. Finally, Blue Trust Inc. increased its stake in Opera by 56.6% in the 4th quarter. Blue Trust Inc. now owns 6,543 shares of the company’s stock worth $124,000 after buying an additional 2,366 shares in the last quarter. 10.21% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler started coverage on Opera in a research note on Wednesday, February 5th. They issued an “overweight” rating and a $25.00 price target for the company. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Opera currently has a consensus rating of “Buy” and a consensus price target of $24.80.

Opera Trading Up 3.5 %

Shares of Opera stock opened at $18.37 on Thursday. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 9.32 and a beta of 1.12. The business has a 50-day moving average price of $18.71 and a 200-day moving average price of $17.73. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.01. Opera Limited has a twelve month low of $10.11 and a twelve month high of $22.50.

Opera Company Profile

Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Norway and internationally. The company offers mobile browser products, such as Opera Mini, Opera browser for Android and iOS, and Opera GX for PCs and Mobile; Opera Touch; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered personalized news discovery and aggregation service.