Onespan Inc $OSPN Shares Bought by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. raised its holdings in Onespan Inc (NASDAQ:OSPNFree Report) by 19.7% during the first quarter, Holdings Channel.com reports. The firm owned 459,505 shares of the company’s stock after purchasing an additional 75,580 shares during the period. Deprince Race & Zollo Inc.’s holdings in Onespan were worth $4,839,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its holdings in shares of Onespan by 81.8% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 2,000 shares of the company’s stock worth $26,000 after purchasing an additional 900 shares during the period. Comerica Bank raised its holdings in Onespan by 455.2% in the 1st quarter. Comerica Bank now owns 2,465 shares of the company’s stock valued at $38,000 after buying an additional 2,021 shares during the period. International Assets Investment Management LLC acquired a new position in Onespan in the fourth quarter valued at about $32,000. Global Retirement Partners LLC acquired a new position in Onespan in the fourth quarter valued at about $50,000. Finally, Tower Research Capital LLC TRC boosted its stake in Onespan by 289.7% during the second quarter. Tower Research Capital LLC TRC now owns 5,133 shares of the company’s stock worth $86,000 after buying an additional 3,816 shares during the period. Institutional investors and hedge funds own 95.52% of the company’s stock.

Analyst Upgrades and Downgrades

OSPN has been the subject of a number of recent analyst reports. Wall Street Zen cut shares of Onespan from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Zacks Research upgraded shares of Onespan from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Rosenblatt Securities reaffirmed a “buy” rating and set a $15.00 price objective on shares of Onespan in a research report on Thursday, June 25th. DA Davidson reaffirmed a “neutral” rating and set a $12.00 price objective on shares of Onespan in a research report on Tuesday. Finally, Weiss Ratings upgraded shares of Onespan from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $16.67.

Check Out Our Latest Stock Analysis on Onespan

Insider Buying and Selling at Onespan

In related news, CFO Jorge Garcia Martell sold 20,000 shares of Onespan stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $14.45, for a total value of $289,000.00. Following the completion of the transaction, the chief financial officer owned 91,018 shares in the company, valued at approximately $1,315,210.10. The trade was a 18.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.00% of the company’s stock.

Onespan Trading Down 2.0%

OSPN opened at $14.44 on Friday. The stock’s 50-day moving average price is $13.23 and its 200 day moving average price is $12.12. Onespan Inc has a 12-month low of $10.07 and a 12-month high of $18.13. The firm has a market cap of $535.29 million, a price-to-earnings ratio of 7.98, a PEG ratio of 1.31 and a beta of 1.53.

Onespan (NASDAQ:OSPNGet Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.03. The company had revenue of $65.95 million during the quarter, compared to the consensus estimate of $62.40 million. Onespan had a return on equity of 18.03% and a net margin of 28.47%. On average, research analysts forecast that Onespan Inc will post 1.02 earnings per share for the current year.

Onespan Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th were paid a $0.13 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.52 annualized dividend and a dividend yield of 3.6%. Onespan’s dividend payout ratio (DPR) is presently 28.73%.

Onespan Company Profile

(Free Report)

OneSpan, formerly known as Vasco Data Security International, is a Chicago-based cybersecurity software company specializing in digital identity and anti-fraud solutions. Founded in 1991, the company provides a suite of authentication and transaction security products designed to help organizations protect critical applications and high-value transactions across online, mobile and in-branch channels.

The core OneSpan portfolio includes multi-factor authentication, risk-based authentication and transaction signing solutions.

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:OSPNFree Report).

Institutional Ownership by Quarter for Onespan (NASDAQ:OSPN)

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