Bank of New York Mellon Corp acquired a new stake in Opera Limited (NASDAQ:OPRA - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 104,808 shares of the company's stock, valued at approximately $1,985,000. Bank of New York Mellon Corp owned 0.12% of Opera at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in OPRA. Leuthold Group LLC bought a new position in shares of Opera during the fourth quarter valued at about $271,000. Handelsbanken Fonder AB increased its stake in shares of Opera by 2.8% in the 4th quarter. Handelsbanken Fonder AB now owns 21,900 shares of the company's stock worth $415,000 after acquiring an additional 600 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Opera in the 4th quarter worth approximately $81,000. Atria Wealth Solutions Inc. increased its stake in Opera by 17.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 12,100 shares of the company's stock valued at $229,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Klein Pavlis & Peasley Financial Inc. bought a new position in shares of Opera during the fourth quarter valued at $1,061,000. Institutional investors own 10.21% of the company's stock.
Opera Price Performance
NASDAQ:OPRA traded down $0.27 during trading hours on Tuesday, reaching $18.15. The stock had a trading volume of 271,068 shares, compared to its average volume of 589,490. The company has a 50 day moving average price of $18.73 and a two-hundred day moving average price of $17.83. Opera Limited has a 52 week low of $10.11 and a 52 week high of $22.50. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.10 and a current ratio of 2.10. The stock has a market capitalization of $1.61 billion, a PE ratio of 9.21 and a beta of 1.12.
Wall Street Analysts Forecast Growth
Separately, Piper Sandler started coverage on shares of Opera in a report on Wednesday, February 5th. They issued an "overweight" rating and a $25.00 target price for the company. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $24.80.
Read Our Latest Analysis on Opera
About Opera
(
Free Report)
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.
See Also
Before you consider Opera, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Opera wasn't on the list.
While Opera currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
