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

Deprince Race & Zollo Inc. grew its position in Onespan Inc (NASDAQ:OSPN) by 19.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 459,505 shares of the company’s stock after acquiring an additional 75,580 shares during the quarter. Deprince Race & Zollo Inc. owned about 1.23% of Onespan worth $4,839,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in OSPN. Legal & General Group Plc raised its stake in Onespan by 0.3% in the 4th quarter. Legal & General Group Plc now owns 2,300,817 shares of the company’s stock valued at $29,542,000 after purchasing an additional 7,610 shares during the last quarter. First Trust Advisors LP boosted its stake in Onespan by 25.1% during the 3rd quarter. First Trust Advisors LP now owns 2,141,141 shares of the company’s stock worth $34,023,000 after purchasing an additional 428,983 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Onespan by 3.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,099,709 shares of the company’s stock worth $33,364,000 after purchasing an additional 69,138 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Onespan by 1.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,395,266 shares of the company’s stock worth $22,171,000 after buying an additional 22,135 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of Onespan by 2.1% during the fourth quarter. State Street Corp now owns 1,339,388 shares of the company’s stock worth $17,198,000 after buying an additional 26,910 shares in the last quarter. 95.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Onespan Stock Down 2.0%

Shares of NASDAQ:OSPN opened at $14.44 on Friday. Onespan Inc has a 52-week low of $10.07 and a 52-week high of $18.13. The stock has a market cap of $535.29 million, a P/E ratio of 7.98, a PEG ratio of 1.31 and a beta of 1.53. The business has a fifty day moving average of $13.23 and a two-hundred day moving average of $12.12.

Onespan (NASDAQ:OSPN) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.36 by $0.03. Onespan had a return on equity of 18.03% and a net margin of 28.47%.The business had revenue of $65.95 million for the quarter, compared to analyst estimates of $62.40 million. On average, equities analysts anticipate that Onespan Inc will post 1.02 earnings per share for the current year.

Onespan Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.52 dividend on an annualized basis and a yield of 3.6%. Onespan’s payout ratio is 28.73%.

Insiders Place Their Bets

In other Onespan news, CFO Jorge Garcia Martell sold 20,000 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $14.45, for a total value of $289,000.00. Following the transaction, the chief financial officer directly owned 91,018 shares in the company, valued at $1,315,210.10. The trade was a 18.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 2.00% of the stock is owned by insiders.

About Onespan

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.