Onespan Inc (NASDAQ:OSPN - Get Free Report) Director Garry L. Capers bought 2,000 shares of the company's stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average price of $13.07 per share, with a total value of $26,140.00. Following the transaction, the director directly owned 36,894 shares in the company, valued at $482,204.58. This represents a 5.73% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Onespan Trading Up 2.2%
Shares of NASDAQ:OSPN traded up $0.31 during mid-day trading on Wednesday, reaching $14.02. The stock had a trading volume of 58,504 shares, compared to its average volume of 411,898. The firm has a market cap of $537.12 million, a PE ratio of 9.28 and a beta of 1.12. The firm has a 50 day simple moving average of $15.67 and a two-hundred day simple moving average of $16.10. Onespan Inc has a twelve month low of $12.51 and a twelve month high of $20.36.
Onespan Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Friday, August 15th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, August 15th. Onespan's dividend payout ratio (DPR) is 31.79%.
Analyst Ratings Changes
Several research analysts have recently issued reports on the stock. Rosenblatt Securities reduced their target price on shares of Onespan from $20.00 to $17.00 and set a "buy" rating on the stock in a research note on Wednesday, August 6th. Wall Street Zen lowered shares of Onespan from a "buy" rating to a "hold" rating in a research note on Saturday.
Read Our Latest Stock Analysis on OSPN
Institutional Trading of Onespan
Hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC acquired a new stake in Onespan during the 1st quarter worth approximately $195,000. Victory Capital Management Inc. raised its holdings in Onespan by 49.3% during the 1st quarter. Victory Capital Management Inc. now owns 86,794 shares of the company's stock worth $1,324,000 after buying an additional 28,660 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in Onespan by 18.5% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,561 shares of the company's stock worth $395,000 after buying an additional 3,994 shares during the period. GAMMA Investing LLC raised its holdings in Onespan by 1,501.9% during the 1st quarter. GAMMA Investing LLC now owns 42,563 shares of the company's stock worth $649,000 after buying an additional 39,906 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its holdings in Onespan by 54.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 35,174 shares of the company's stock worth $546,000 after buying an additional 12,332 shares during the period. 95.52% of the stock is currently owned by institutional investors and hedge funds.
Onespan Company Profile
(
Get Free Report)
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.
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