10,430 Shares in OneSpan Inc. (NASDAQ:OSPN) Bought by SG Americas Securities LLC

SG Americas Securities LLC purchased a new stake in OneSpan Inc. (NASDAQ:OSPN) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,430 shares of the company’s stock, valued at approximately $112,000.

A number of other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its position in shares of OneSpan by 196.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,765,030 shares of the company’s stock worth $18,974,000 after acquiring an additional 1,170,048 shares in the last quarter. First Trust Advisors LP acquired a new stake in OneSpan during the first quarter worth approximately $20,042,000. State Street Corp lifted its position in shares of OneSpan by 31.5% during the 2nd quarter. State Street Corp now owns 1,992,357 shares of the company’s stock worth $29,567,000 after buying an additional 477,203 shares during the last quarter. Morgan Stanley boosted its holdings in shares of OneSpan by 88.5% in the 4th quarter. Morgan Stanley now owns 668,386 shares of the company’s stock valued at $7,479,000 after buying an additional 313,875 shares in the last quarter. Finally, Legion Partners Asset Management LLC grew its position in shares of OneSpan by 8.9% in the 4th quarter. Legion Partners Asset Management LLC now owns 3,476,631 shares of the company’s stock valued at $38,904,000 after buying an additional 283,319 shares during the last quarter. 95.52% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Michael J. Mcconnell bought 5,000 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were acquired at an average price of $9.83 per share, with a total value of $49,150.00. Following the completion of the acquisition, the director now owns 73,849 shares in the company, valued at approximately $725,935.67. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.78% of the stock is owned by insiders.

OneSpan Price Performance

Shares of NASDAQ:OSPN opened at $10.01 on Friday. OneSpan Inc. has a 1-year low of $7.64 and a 1-year high of $17.20. The stock has a market cap of $378.28 million, a P/E ratio of -13.53 and a beta of 0.80. The firm has a fifty day moving average price of $10.42 and a 200 day moving average price of $10.13.

OneSpan (NASDAQ:OSPN) last announced its earnings results on Wednesday, March 6th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.17. The business had revenue of $62.93 million during the quarter. OneSpan had a negative net margin of 12.68% and a negative return on equity of 6.43%. Sell-side analysts expect that OneSpan Inc. will post 0.71 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. StockNews.com raised shares of OneSpan from a “hold” rating to a “buy” rating in a research report on Wednesday, April 10th. Sidoti downgraded OneSpan from a “buy” rating to a “neutral” rating and set a $12.00 price target on the stock. in a research note on Tuesday, April 2nd.

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.