OneSpan Inc. (NASDAQ:OSPN) Shares Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC increased its stake in OneSpan Inc. (NASDAQ:OSPN) by 14.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 755,172 shares of the company’s stock after acquiring an additional 93,263 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in OneSpan were worth $12,589,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of OneSpan by 8.5% in the first quarter. Vanguard Group Inc. now owns 2,794,375 shares of the company’s stock valued at $32,499,000 after purchasing an additional 219,907 shares during the period. Assenagon Asset Management S.A. lifted its stake in OneSpan by 113.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 337,823 shares of the company’s stock valued at $5,632,000 after buying an additional 179,497 shares in the last quarter. Marshall Wace LLP boosted its holdings in OneSpan by 30.1% in the 2nd quarter. Marshall Wace LLP now owns 326,208 shares of the company’s stock worth $4,182,000 after buying an additional 75,381 shares during the last quarter. Acadian Asset Management LLC increased its stake in OneSpan by 1,038.5% during the 2nd quarter. Acadian Asset Management LLC now owns 324,217 shares of the company’s stock worth $4,154,000 after buying an additional 295,739 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in OneSpan by 242.0% during the 2nd quarter. AQR Capital Management LLC now owns 320,259 shares of the company’s stock worth $4,106,000 after buying an additional 226,604 shares in the last quarter. 95.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on OSPN shares. StockNews.com upgraded OneSpan from a “buy” rating to a “strong-buy” rating in a research report on Monday, November 4th. Sidoti upgraded OneSpan from a “neutral” rating to a “buy” rating and raised their price objective for the company from $14.00 to $19.00 in a report on Thursday, October 31st. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $20.00 target price on shares of OneSpan in a report on Monday, October 28th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $17.13.

OneSpan Stock Performance

OSPN stock opened at $17.26 on Thursday. OneSpan Inc. has a one year low of $9.22 and a one year high of $17.89. The firm’s 50 day moving average price is $15.93 and its 200-day moving average price is $14.52. The firm has a market cap of $655.71 million, a PE ratio of 23.32 and a beta of 0.75.

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.