16,994 Shares in OneSpan Inc. (NASDAQ:OSPN) Purchased by Amundi

Amundi acquired a new position in OneSpan Inc. (NASDAQ:OSPN) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 16,994 shares of the company’s stock, valued at approximately $314,000.

A number of other large investors have also modified their holdings of OSPN. R Squared Ltd acquired a new position in OneSpan during the 4th quarter valued at about $37,000. New York State Teachers Retirement System acquired a new position in OneSpan during the 4th quarter valued at about $64,000. Steward Partners Investment Advisory LLC acquired a new position in OneSpan during the 4th quarter valued at about $109,000. Intech Investment Management LLC acquired a new position in OneSpan during the 3rd quarter valued at about $173,000. Finally, Arizona State Retirement System acquired a new position in OneSpan during the 4th quarter valued at about $193,000. Institutional investors and hedge funds own 95.52% of the company’s stock.

OneSpan Trading Up 1.5 %

Shares of OneSpan stock opened at $16.03 on Friday. OneSpan Inc. has a 1 year low of $9.68 and a 1 year high of $20.37. The company’s fifty day simple moving average is $18.00 and its 200-day simple moving average is $17.28. The company has a market cap of $611.96 million, a price-to-earnings ratio of 21.66 and a beta of 0.83.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Rosenblatt Securities raised their target price on shares of OneSpan from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, December 16th. StockNews.com upgraded shares of OneSpan from a “hold” rating to a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, OneSpan presently has an average rating of “Moderate Buy” and an average price target of $17.63.

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.