Opera Limited (NASDAQ:OPRA) Shares Acquired by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. grew its holdings in Opera Limited (NASDAQ:OPRA) by 17.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,100 shares of the company’s stock after purchasing an additional 1,800 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Opera were worth $229,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. State Street Corp lifted its stake in shares of Opera by 5.1% during the third quarter. State Street Corp now owns 17,129 shares of the company’s stock valued at $265,000 after buying an additional 832 shares during the period. National Bank of Canada FI lifted its stake in shares of Opera by 14.4% during the third quarter. National Bank of Canada FI now owns 9,333 shares of the company’s stock valued at $144,000 after buying an additional 1,175 shares during the period. GAMMA Investing LLC lifted its stake in shares of Opera by 66.3% during the fourth quarter. GAMMA Investing LLC now owns 3,430 shares of the company’s stock valued at $65,000 after buying an additional 1,368 shares during the period. Blue Trust Inc. lifted its stake in shares of Opera by 56.6% during the fourth quarter. Blue Trust Inc. now owns 6,543 shares of the company’s stock valued at $124,000 after buying an additional 2,366 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Opera by 30.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 13,700 shares of the company’s stock valued at $212,000 after buying an additional 3,200 shares during the period. 10.21% of the stock is currently owned by institutional investors and hedge funds.

Opera Stock Performance

NASDAQ:OPRA opened at $18.66 on Friday. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.01. The company has a market cap of $1.65 billion, a P/E ratio of 9.47 and a beta of 1.04. Opera Limited has a fifty-two week low of $10.11 and a fifty-two week high of $22.50. The firm’s 50 day moving average is $19.05 and its two-hundred day moving average is $17.37.

Opera Announces Dividend

The business also recently declared a semi-annual dividend, which was paid on Monday, January 13th. Shareholders of record on Monday, January 6th were paid a dividend of $0.40 per share. This represents a yield of 3.9%. The ex-dividend date of this dividend was Monday, January 6th. Opera’s dividend payout ratio is currently 85.71%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler started coverage on shares of Opera in a research note on Wednesday, February 5th. They set an “overweight” rating and a $25.00 price objective on the stock. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, Opera presently has an average rating of “Buy” and an average target price of $24.80.

Opera 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.