DA Davidson Analysts Decrease Earnings Estimates for Onespan

Onespan Inc (NASDAQ:OSPN) – Equities research analysts at DA Davidson decreased their FY2025 earnings per share (EPS) estimates for shares of Onespan in a note issued to investors on Wednesday, August 6th. DA Davidson analyst R. Kessinger now expects that the company will earn $1.15 per share for the year, down from their previous forecast of $1.17. The consensus estimate for Onespan’s current full-year earnings is $1.11 per share.

Other equities analysts have also recently issued research reports about the company. Wall Street Zen cut Onespan from a “buy” rating to a “hold” rating in a report on Saturday. Rosenblatt Securities cut their price target on Onespan from $20.00 to $17.00 and set a “buy” rating for the company in a report on Wednesday.

Onespan Stock Up 1.6%

Onespan stock opened at $12.91 on Friday. The business has a 50 day moving average price of $15.77 and a two-hundred day moving average price of $16.21. The stock has a market cap of $494.84 million, a price-to-earnings ratio of 8.55 and a beta of 1.12. Onespan has a 12 month low of $12.51 and a 12 month high of $20.36.

Institutional Investors Weigh In On Onespan

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Onespan by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 3,526,988 shares of the company’s stock worth $65,390,000 after acquiring an additional 38,362 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Onespan by 8.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,341,305 shares of the company’s stock worth $35,709,000 after acquiring an additional 177,011 shares during the last quarter. Legal & General Group Plc grew its position in Onespan by 0.8% during the 4th quarter. Legal & General Group Plc now owns 2,195,570 shares of the company’s stock worth $40,706,000 after acquiring an additional 16,901 shares during the last quarter. Ameriprise Financial Inc. grew its position in Onespan by 28.9% during the 4th quarter. Ameriprise Financial Inc. now owns 1,764,292 shares of the company’s stock worth $32,710,000 after acquiring an additional 395,222 shares during the last quarter. Finally, Acadian Asset Management LLC grew its position in Onespan by 21.3% during the 2nd quarter. Acadian Asset Management LLC now owns 985,370 shares of the company’s stock worth $16,438,000 after acquiring an additional 173,185 shares during the last quarter. 95.52% of the stock is currently owned by institutional investors.

Insider Activity at Onespan

In related news, Director Garry L. Capers acquired 2,000 shares of the stock in a transaction dated Friday, August 8th. The shares were bought at an average cost of $13.07 per share, for a total transaction of $26,140.00. Following the purchase, the director owned 36,894 shares in the company, valued at approximately $482,204.58. This trade represents a 5.73% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Marc Zenner acquired 2,200 shares of the stock in a transaction dated Friday, August 8th. The stock was bought at an average price of $12.80 per share, for a total transaction of $28,160.00. Following the completion of the purchase, the director owned 71,273 shares in the company, valued at approximately $912,294.40. This trade represents a 3.19% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 1.30% of the company’s stock.

Onespan Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Friday, August 15th. Onespan’s dividend payout ratio is currently 31.79%.

About Onespan

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.