OneSpan Inc. (NASDAQ:OSPN) Shares Sold by IQ EQ FUND MANAGEMENT IRELAND Ltd

IQ EQ FUND MANAGEMENT IRELAND Ltd decreased its position in shares of OneSpan Inc. (NASDAQ:OSPN) by 12.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,169 shares of the company’s stock after selling 15,856 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd owned 0.28% of OneSpan worth $1,987,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. R Squared Ltd bought a new position in OneSpan during the fourth quarter valued at about $37,000. New York State Teachers Retirement System acquired a new position in shares of OneSpan in the 4th quarter worth approximately $64,000. Steward Partners Investment Advisory LLC bought a new stake in shares of OneSpan in the 4th quarter worth approximately $109,000. KLP Kapitalforvaltning AS acquired a new stake in OneSpan during the fourth quarter valued at approximately $152,000. Finally, Intech Investment Management LLC bought a new stake in OneSpan during the third quarter worth approximately $173,000. 95.52% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on OSPN shares. Rosenblatt Securities increased their price objective on OneSpan from $18.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, December 16th. StockNews.com upgraded OneSpan from a “hold” rating to a “buy” rating in a research report on Thursday, March 20th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $17.63.

OneSpan Trading Down 1.0 %

Shares of OneSpan stock opened at $16.32 on Thursday. The company has a market cap of $623.03 million, a P/E ratio of 22.05 and a beta of 0.83. The stock has a 50-day moving average price of $17.85 and a 200 day moving average price of $17.31. OneSpan Inc. has a 1 year low of $9.68 and a 1 year high of $20.37.

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.