Steward Partners Investment Advisory LLC Acquires New Holdings in OneSpan Inc. (NASDAQ:OSPN)

Steward Partners Investment Advisory LLC acquired a new stake in shares of OneSpan Inc. (NASDAQ:OSPN) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,906 shares of the company’s stock, valued at approximately $109,000.

Several other institutional investors have also added to or reduced their stakes in OSPN. JPMorgan Chase & Co. boosted 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 worth $18,450,000 after acquiring an additional 708,020 shares in the last quarter. Assenagon Asset Management S.A. boosted 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 worth $9,181,000 after acquiring an additional 157,387 shares in the last quarter. 272 Capital LP acquired a new stake in OneSpan in the third quarter worth about $1,659,000. Segall Bryant & Hamill LLC boosted its holdings in OneSpan by 14.1% in the third quarter. Segall Bryant & Hamill LLC now owns 755,172 shares of the company’s stock worth $12,589,000 after acquiring an additional 93,263 shares in the last quarter. Finally, Martingale Asset Management L P acquired a new stake in OneSpan in the third quarter worth about $928,000. Institutional investors and hedge funds own 95.52% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. StockNews.com downgraded OneSpan from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Rosenblatt Securities raised their price objective on OneSpan from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $17.63.

OneSpan Stock Up 3.1 %

Shares of NASDAQ:OSPN opened at $15.75 on Monday. OneSpan Inc. has a 52-week low of $9.68 and a 52-week high of $20.37. The stock has a market cap of $601.27 million, a price-to-earnings ratio of 21.28 and a beta of 0.83. The business has a 50-day moving average price of $18.25 and a 200-day moving average price of $17.30.

OneSpan 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.