WINTON GROUP Ltd Invests $240,000 in OneSpan Inc. (NASDAQ:OSPN)

WINTON GROUP Ltd acquired a new stake in OneSpan Inc. (NASDAQ:OSPN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 12,946 shares of the company’s stock, valued at approximately $240,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in OneSpan during the fourth quarter valued at approximately $37,000. New York State Teachers Retirement System bought a new stake in shares of OneSpan during the 4th quarter worth $64,000. Steward Partners Investment Advisory LLC acquired a new position in OneSpan in the 4th quarter valued at $109,000. KLP Kapitalforvaltning AS bought a new position in OneSpan in the 4th quarter worth $152,000. Finally, Intech Investment Management LLC acquired a new position in OneSpan during the 3rd quarter worth $173,000. 95.52% of the stock is currently owned by institutional investors and hedge funds.

OneSpan Stock Performance

Shares of OSPN opened at $15.46 on Monday. OneSpan Inc. has a 52 week low of $9.68 and a 52 week high of $20.37. The firm has a market capitalization of $590.20 million, a P/E ratio of 20.89 and a beta of 0.83. The company has a 50-day simple moving average of $17.72 and a 200-day simple moving average of $17.34.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on OSPN shares. Rosenblatt Securities lifted their price objective 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 lowered OneSpan from a “buy” rating to a “hold” rating in a report on Friday. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, OneSpan has an average rating of “Moderate Buy” and an average target price of $17.63.

About OneSpan

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.