OneSpan Inc. (NASDAQ:OSPN) Shares Sold by Algert Global LLC

Algert Global LLC decreased its holdings in shares of OneSpan Inc. (NASDAQ:OSPN) by 64.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 71,596 shares of the company’s stock after selling 129,467 shares during the period. Algert Global LLC’s holdings in OneSpan were worth $1,327,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in OSPN. Barclays PLC lifted its stake in OneSpan by 388.5% during the third quarter. Barclays PLC now owns 66,719 shares of the company’s stock valued at $1,113,000 after purchasing an additional 53,060 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of OneSpan by 46.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 495,210 shares of the company’s stock valued at $9,181,000 after acquiring an additional 157,387 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of OneSpan by 177.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,106,806 shares of the company’s stock worth $18,450,000 after acquiring an additional 708,020 shares during the last quarter. Robeco Institutional Asset Management B.V. acquired a new position in shares of OneSpan in the 4th quarter worth $540,000. Finally, Amundi acquired a new stake in shares of OneSpan during the fourth quarter worth $314,000. Institutional investors and hedge funds own 95.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on OSPN shares. StockNews.com cut OneSpan from a “buy” rating to a “hold” rating in a research note on Friday, March 28th. Rosenblatt Securities restated a “buy” rating and set a $20.00 price target on shares of OneSpan in a report on Friday, May 2nd.

OneSpan Trading Up 1.6 %

NASDAQ:OSPN opened at $15.78 on Friday. The business’s fifty day moving average price is $15.23 and its 200 day moving average price is $17.12. The firm has a market capitalization of $603.27 million, a price-to-earnings ratio of 21.32 and a beta of 1.21. OneSpan Inc. has a 1-year low of $11.94 and a 1-year high of $20.37.

OneSpan Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend is Friday, May 16th. OneSpan’s dividend payout ratio (DPR) is 32.65%.

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.