Fmr LLC Has $297,000 Stock Holdings in OneSpan Inc. (NASDAQ:OSPN)

Fmr LLC boosted its holdings in shares of OneSpan Inc. (NASDAQ:OSPN) by 513.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 17,805 shares of the company’s stock after buying an additional 14,902 shares during the period. Fmr LLC’s holdings in OneSpan were worth $297,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of OneSpan by 16.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 333,174 shares of the company’s stock valued at $5,554,000 after purchasing an additional 48,146 shares during the period. Intech Investment Management LLC purchased a new position in OneSpan during the third quarter valued at approximately $173,000. Segall Bryant & Hamill LLC increased its stake in OneSpan by 14.1% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 755,172 shares of the company’s stock valued at $12,589,000 after buying an additional 93,263 shares during the period. Meeder Asset Management Inc. lifted its position in OneSpan by 6.8% in the 3rd quarter. Meeder Asset Management Inc. now owns 13,867 shares of the company’s stock worth $231,000 after buying an additional 884 shares in the last quarter. Finally, Quest Partners LLC lifted its position in OneSpan by 865.5% in the 3rd quarter. Quest Partners LLC now owns 22,988 shares of the company’s stock worth $383,000 after buying an additional 20,607 shares in the last quarter. 95.52% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at OneSpan

In related news, Director Michael J. Mcconnell sold 53,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $18.51, for a total value of $981,030.00. Following the transaction, the director now directly owns 20,849 shares of the company’s stock, valued at approximately $385,914.99. This trade represents a 71.77 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.90% of the stock is currently owned by corporate insiders.

OneSpan Trading Up 0.9 %

OneSpan stock opened at $18.25 on Friday. OneSpan Inc. has a 1-year low of $9.22 and a 1-year high of $19.58. The firm’s fifty day simple moving average is $17.11 and its 200-day simple moving average is $15.36. The company has a market capitalization of $693.34 million, a P/E ratio of 24.66 and a beta of 0.77.

OneSpan Dividend Announcement

The business also recently declared a — dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be given a $0.12 dividend. The ex-dividend date is Friday, January 31st. OneSpan’s dividend payout ratio is currently 64.86%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Sidoti raised shares of OneSpan from a “neutral” rating to a “buy” rating and upped their price target for the stock from $14.00 to $19.00 in a research note on Thursday, October 31st. Rosenblatt Securities upped their target price on OneSpan from $18.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, StockNews.com raised OneSpan from a “buy” rating to a “strong-buy” rating in a research note on Monday, November 4th. One investment 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 stock. According to data from MarketBeat, OneSpan presently has an average rating of “Buy” and an average price target of $17.63.

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.