OneSpan Inc. (NASDAQ:OSPN) Shares Acquired by Invesco Ltd.

Invesco Ltd. increased its holdings in OneSpan Inc. (NASDAQ:OSPN) by 13.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 61,492 shares of the company’s stock after purchasing an additional 7,198 shares during the quarter. Invesco Ltd. owned 0.16% of OneSpan worth $1,140,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in OSPN. Barclays PLC grew its holdings in shares of OneSpan by 388.5% during the third quarter. Barclays PLC now owns 66,719 shares of the company’s stock worth $1,113,000 after buying an additional 53,060 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of OneSpan by 46.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 495,210 shares of the company’s stock valued at $9,181,000 after acquiring an additional 157,387 shares during the last quarter. JPMorgan Chase & Co. raised its position 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 period. Robeco Institutional Asset Management B.V. acquired a new position in OneSpan during the 4th quarter worth about $540,000. Finally, Amundi purchased a new position in shares of OneSpan in the fourth quarter valued at approximately $314,000. Hedge funds and other institutional investors own 95.52% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of OneSpan from a “buy” rating to a “hold” rating in a research note on Friday, March 28th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, OneSpan currently has an average rating of “Moderate Buy” and a consensus price target of $17.63.

OneSpan Price Performance

Shares of NASDAQ:OSPN opened at $14.66 on Friday. The company’s fifty day moving average price is $15.34 and its 200 day moving average price is $17.11. The firm has a market capitalization of $560.45 million, a P/E ratio of 19.81 and a beta of 1.03. OneSpan Inc. has a 12 month low of $10.74 and a 12 month high of $20.37.

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.