OneSpan Inc. (NASDAQ:OSPN) Shares Acquired by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft lifted its stake in OneSpan Inc. (NASDAQ:OSPN) by 8.9% in the 4th quarter, Holdings Channel reports. The firm owned 20,700 shares of the company’s stock after purchasing an additional 1,700 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in OneSpan were worth $384,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in shares of OneSpan by 388.5% during the 3rd quarter. Barclays PLC now owns 66,719 shares of the company’s stock worth $1,113,000 after acquiring an additional 53,060 shares in the last quarter. 272 Capital LP purchased a new stake in OneSpan during the third quarter worth $1,659,000. Charles Schwab Investment Management Inc. grew its holdings in OneSpan by 16.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 333,174 shares of the company’s stock valued at $5,554,000 after purchasing an additional 48,146 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in OneSpan by 46.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 495,210 shares of the company’s stock valued at $9,181,000 after purchasing an additional 157,387 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in OneSpan by 177.5% in the third quarter. JPMorgan Chase & Co. now owns 1,106,806 shares of the company’s stock valued at $18,450,000 after purchasing an additional 708,020 shares during the last quarter. 95.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. StockNews.com upgraded shares of OneSpan from a “buy” rating to a “strong-buy” rating in a research report on Monday, November 4th. Rosenblatt Securities raised their price objective on shares of OneSpan from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Finally, Sidoti raised OneSpan from a “neutral” rating to a “buy” rating and upped their target price for the company from $14.00 to $19.00 in a research note on Thursday, October 31st. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, OneSpan has a consensus rating of “Buy” and a consensus price target of $17.63.

OneSpan Price Performance

NASDAQ:OSPN opened at $19.59 on Friday. OneSpan Inc. has a 1-year low of $9.22 and a 1-year high of $20.16. The firm has a 50 day simple moving average of $18.72 and a 200-day simple moving average of $16.60. The firm has a market cap of $744.22 million, a PE ratio of 26.47 and a beta of 0.77.

OneSpan (NASDAQ:OSPN) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.06. The business had revenue of $56.24 million for the quarter. OneSpan had a return on equity of 23.27% and a net margin of 11.73%. During the same quarter last year, the business earned $0.04 EPS. As a group, sell-side analysts expect that OneSpan Inc. will post 1.11 earnings per share for the current fiscal year.

OneSpan Announces Dividend

The firm also recently declared a — dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, January 31st.

Insider Buying and Selling at OneSpan

In other news, Director Michael J. Mcconnell sold 53,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $18.51, for a total transaction of $981,030.00. Following the completion of the sale, the director now owns 20,849 shares in the company, valued at approximately $385,914.99. The trade was a 71.77 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.90% of the stock is owned by company insiders.

OneSpan Company Profile

OneSpan Inc, together with its subsidiaries, designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements worldwide. The company offers OneSpan Sign, a range of e-signature requirements for occasional agreement to processing tens of thousands of transactions; OneSpan Cloud Authentication, a cloud-based multifactor authentication solution that supports a range of authentication options, including biometrics, push notification, and visual cryptograms for transaction data security, SMS, and hardware authenticators; and OneSpan Identity Verification, which enables banks and financial institutions identity verification services.