Integrated Quantitative Investments LLC Invests $383,000 in OneSpan Inc. (NASDAQ:OSPN)

Integrated Quantitative Investments LLC purchased a new stake in shares of OneSpan Inc. (NASDAQ:OSPN) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 20,643 shares of the company’s stock, valued at approximately $383,000. Integrated Quantitative Investments LLC owned about 0.05% of OneSpan at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. R Squared Ltd acquired a new stake in OneSpan in the fourth quarter valued at approximately $37,000. New York State Teachers Retirement System bought a new position in shares of OneSpan during the 4th quarter valued at $64,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of OneSpan in the 4th quarter valued at $109,000. KLP Kapitalforvaltning AS bought a new stake in OneSpan in the fourth quarter worth $152,000. Finally, Intech Investment Management LLC acquired a new position in OneSpan during the third quarter worth $173,000. Institutional investors own 95.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on OSPN. StockNews.com lowered OneSpan from a “buy” rating to a “hold” rating in a report on Friday, March 28th. Rosenblatt Securities boosted their price objective on shares of OneSpan from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $17.63.

OneSpan Stock Down 5.4 %

Shares of OSPN stock opened at $13.82 on Friday. OneSpan Inc. has a 12 month low of $9.68 and a 12 month high of $20.37. The firm has a market cap of $527.59 million, a PE ratio of 18.68 and a beta of 1.03. The stock has a 50 day moving average of $17.29 and a 200-day moving average of $17.30.

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.