OneSpan Inc. (NASDAQ:OSPN) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its stake in shares of OneSpan Inc. (NASDAQ:OSPN) by 0.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 335,356 shares of the company’s stock after acquiring an additional 2,182 shares during the period. Charles Schwab Investment Management Inc. owned about 0.88% of OneSpan worth $6,218,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of OSPN. R Squared Ltd purchased a new stake in OneSpan during the 4th quarter valued at about $37,000. New York State Teachers Retirement System purchased a new stake in shares of OneSpan in the fourth quarter valued at about $64,000. Steward Partners Investment Advisory LLC acquired a new stake in OneSpan during the fourth quarter worth about $109,000. Intech Investment Management LLC purchased a new position in OneSpan during the third quarter worth about $173,000. Finally, Atria Wealth Solutions Inc. acquired a new position in OneSpan in the 4th quarter valued at about $210,000. 95.52% of the stock is currently owned by hedge funds and other institutional investors.

OneSpan Price Performance

Shares of OSPN opened at $16.00 on Tuesday. The firm has a 50-day simple moving average of $17.95 and a two-hundred day simple moving average of $17.31. The stock has a market cap of $610.82 million, a PE ratio of 21.62 and a beta of 0.83. OneSpan Inc. has a 1-year low of $9.68 and a 1-year high of $20.37.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on OSPN shares. Rosenblatt Securities raised their price target on shares of OneSpan from $18.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, December 16th. StockNews.com raised OneSpan from a “hold” rating to a “buy” rating in a research note on Thursday, March 20th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, OneSpan presently has an average rating of “Moderate Buy” and a consensus target price 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.