Opera Limited (NASDAQ:OPRA) Shares Acquired by Caxton Associates LP

Caxton Associates LP lifted its stake in shares of Opera Limited (NASDAQ:OPRA) by 103.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,629 shares of the company’s stock after buying an additional 36,931 shares during the quarter. Caxton Associates LP’s holdings in Opera were worth $1,148,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. grew its holdings in Opera by 6.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 28,433 shares of the company’s stock worth $376,000 after acquiring an additional 1,740 shares during the period. O Shaughnessy Asset Management LLC increased its position in Opera by 2.1% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 85,761 shares of the company’s stock worth $1,356,000 after buying an additional 1,804 shares during the period. Worth Venture Partners LLC increased its position in Opera by 25.8% in the 4th quarter. Worth Venture Partners LLC now owns 12,924 shares of the company’s stock worth $171,000 after buying an additional 2,648 shares during the period. Ritholtz Wealth Management increased its position in Opera by 23.4% in the 4th quarter. Ritholtz Wealth Management now owns 17,070 shares of the company’s stock worth $226,000 after buying an additional 3,239 shares during the period. Finally, EntryPoint Capital LLC increased its position in shares of Opera by 248.8% during the first quarter. EntryPoint Capital LLC now owns 6,118 shares of the company’s stock valued at $97,000 after purchasing an additional 4,364 shares during the period. 10.21% of the stock is currently owned by institutional investors.

Opera Stock Performance

Shares of OPRA traded up $0.22 on Tuesday, reaching $12.17. 368,996 shares of the stock traded hands, compared to its average volume of 863,557. The stock’s 50-day moving average price is $13.51 and its 200-day moving average price is $13.37. Opera Limited has a 12 month low of $10.30 and a 12 month high of $18.35. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 6.36 and a beta of 0.98. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.10 and a quick ratio of 2.10.

Opera Announces Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, July 15th. Stockholders of record on Tuesday, July 2nd were paid a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, July 2nd. This represents a dividend yield of 5.6%. Opera’s dividend payout ratio (DPR) is presently 41.49%.

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.