BNP Paribas Financial Markets Buys 10,003 Shares of OneSpan Inc. (NASDAQ:OSPN)

BNP Paribas Financial Markets lifted its stake in OneSpan Inc. (NASDAQ:OSPNFree Report) by 26.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,501 shares of the company’s stock after buying an additional 10,003 shares during the period. BNP Paribas Financial Markets owned approximately 0.12% of OneSpan worth $509,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Amalgamated Bank lifted its stake in OneSpan by 10.7% during the third quarter. Amalgamated Bank now owns 17,851 shares of the company’s stock worth $192,000 after purchasing an additional 1,722 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of OneSpan by 64.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,180 shares of the company’s stock valued at $56,000 after acquiring an additional 2,027 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of OneSpan by 6.3% in the 4th quarter. Victory Capital Management Inc. now owns 50,700 shares of the company’s stock valued at $544,000 after acquiring an additional 3,000 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of OneSpan by 7.9% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 75,504 shares of the company’s stock valued at $812,000 after acquiring an additional 5,528 shares during the last quarter. Finally, Gladius Capital Management LP bought a new position in shares of OneSpan in the 4th quarter valued at $95,000. 95.52% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

OSPN has been the subject of a number of research reports. StockNews.com upgraded OneSpan from a “hold” rating to a “buy” rating in a research note on Monday, May 6th. Sidoti cut OneSpan from a “buy” rating to a “neutral” rating and set a $12.00 price target for the company. in a research note on Tuesday, April 2nd. DA Davidson increased their price objective on OneSpan from $12.00 to $12.50 and gave the company a “neutral” rating in a report on Friday, May 3rd. Finally, Craig Hallum increased their price objective on OneSpan from $15.00 to $17.00 and gave the company a “buy” rating in a report on Friday, May 3rd.

Read Our Latest Report on OneSpan

OneSpan Stock Up 1.3 %

NASDAQ OSPN opened at $13.17 on Monday. The company has a market capitalization of $498.48 million, a price-to-earnings ratio of -73.16 and a beta of 0.82. OneSpan Inc. has a twelve month low of $7.64 and a twelve month high of $17.20. The stock has a fifty day simple moving average of $11.64 and a 200 day simple moving average of $10.75.

OneSpan (NASDAQ:OSPNGet Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.26. OneSpan had a positive return on equity of 6.13% and a negative net margin of 3.29%. The business had revenue of $64.84 million during the quarter. Research analysts expect that OneSpan Inc. will post 0.89 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other OneSpan news, Director Michael J. Mcconnell purchased 5,000 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was purchased at an average cost of $9.83 per share, for a total transaction of $49,150.00. Following the acquisition, the director now owns 73,849 shares in the company, valued at approximately $725,935.67. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.90% of the company’s stock.

About OneSpan

(Free Report)

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.

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Institutional Ownership by Quarter for OneSpan (NASDAQ:OSPN)

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