Ieq Capital LLC Purchases Shares of 212,504 Offerpad Solutions Inc. $OPAD

Ieq Capital LLC purchased a new stake in shares of Offerpad Solutions Inc. (NYSE:OPAD) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 212,504 shares of the company’s stock, valued at approximately $353,000. Ieq Capital LLC owned about 0.77% of Offerpad Solutions at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of OPAD. Northern Trust Corp raised its position in Offerpad Solutions by 22.1% during the 4th quarter. Northern Trust Corp now owns 95,866 shares of the company’s stock valued at $273,000 after purchasing an additional 17,322 shares during the last quarter. Jane Street Group LLC bought a new position in Offerpad Solutions during the 4th quarter valued at approximately $34,000. Deutsche Bank AG bought a new position in Offerpad Solutions during the 4th quarter valued at approximately $111,000. Finally, XTX Topco Ltd bought a new position in Offerpad Solutions during the 1st quarter valued at approximately $32,000. Institutional investors own 39.44% of the company’s stock.

Offerpad Solutions Stock Up 6.0%

Offerpad Solutions stock opened at $5.18 on Friday. The company has a market capitalization of $158.25 million, a P/E ratio of -2.51 and a beta of 2.40. The stock’s 50 day moving average is $2.15 and its 200 day moving average is $1.65. Offerpad Solutions Inc. has a twelve month low of $0.91 and a twelve month high of $6.35.

Offerpad Solutions (NYSE:OPAD) last posted its quarterly earnings results on Monday, August 4th. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.39) by ($0.01). The company had revenue of $160.30 million during the quarter, compared to analysts’ expectations of $178.91 million. Offerpad Solutions had a negative return on equity of 132.77% and a negative net margin of 8.08%. Offerpad Solutions has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Offerpad Solutions Inc. will post -2.16 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on OPAD shares. Keefe, Bruyette & Woods increased their target price on Offerpad Solutions from $1.00 to $1.15 and gave the stock a “market perform” rating in a research report on Tuesday, August 12th. Wall Street Zen raised Offerpad Solutions to a “sell” rating in a research report on Friday, August 22nd. Six research analysts have rated the stock with a Hold rating, According to MarketBeat, Offerpad Solutions presently has a consensus rating of “Hold” and a consensus target price of $2.41.

Offerpad Solutions Profile

Offerpad Solutions Inc, together with its subsidiaries, provides technology-enabled solutions for residential real estate market in the United States. It operates iBuying, a real estate solutions platform for on-demand customer that provides home buyers the opportunity to browse and tour homes online.