1 week Ago By ABMN Staff
JPMorgan Chase & Co. decreased its holdings in shares of OneSpan Inc. ( NASDAQ:OSPN – Free Report ) by 17.
5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 913,216 shares of the company’s stock after selling 193,590 shares during the quarter. JPMorgan Chase & Co.
owned about 2.40% of OneSpan worth $16,931,000 as of its most recent SEC filing. A number of other hedge funds have also modified their holdings of the business.
Raymond James Financial Inc. purchased a new stake in OneSpan during the 4th quarter valued at about $44,699,000. Prudential Financial Inc.
grew its position in shares of OneSpan by 814.5% in the fourth quarter. Prudential Financial Inc.
now owns 211,048 shares of the company’s stock valued at $3,913,000 after purchasing an additional 187,970 shares in the last quarter. Assenagon Asset Management S.A.
grew its position in shares of OneSpan by 46.6% in the fourth quarter. Assenagon Asset Management S.
A. now owns 495,210 shares of the company’s stock valued at $9,181,000 after purchasing an additional 157,387 shares in the last quarter. 272 Capital LP acquired a new stake in shares of OneSpan in the third quarter valued at approximately $1,659,000.
Finally, Alberta Investment Management Corp purchased a new position in OneSpan during the fourth quarter worth approximately $984,000. 95.52% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In A number of analysts have issued reports on the company. Rosenblatt Securities raised their target price on OneSpan from $18.00 to $22.
00 and gave the stock a “buy” rating in a research note on Monday, December 16th. StockNews.com cut shares of OneSpan from a “buy” rating to a “hold” rating in a research report on Friday, March 28th.
Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $17.63.
OneSpan Price Performance Shares of OSPN stock opened at $14.36 on Friday. OneSpan Inc.
has a 1-year low of $9.68 and a 1-year high of $20.37.
The business’s fifty day moving average price is $16.60 and its 200 day moving average price is $17.20.
The firm has a market capitalization of $548.21 million, a PE ratio of 19.41 and a beta of 1.
03. OneSpan Company Profile ( Free Report ) 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.
See Also Want to see what other hedge funds are holding OSPN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OneSpan Inc. ( NASDAQ:OSPN – Free Report ).
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