Kennedy Capital Management LLC Sells 53,805 Shares of OneSpan Inc. (NASDAQ:OSPN)

Kennedy Capital Management LLC lessened its position in OneSpan Inc. (NASDAQ:OSPN - Free Report) by 20.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 205,838 shares of the company's stock after selling 53,805 shares during the quarter. Kennedy Capital Management LLC owned about 0.54% of OneSpan worth $3,816,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC lifted its position in shares of OneSpan by 388.5% during the 3rd quarter. Barclays PLC now owns 66,719 shares of the company's stock worth $1,113,000 after purchasing an additional 53,060 shares during the last quarter. 272 Capital LP acquired a new position in shares of OneSpan during the third quarter worth approximately $1,659,000. Assenagon Asset Management S.A. grew its stake in shares of OneSpan by 46.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 495,210 shares of the company's stock worth $9,181,000 after acquiring an additional 157,387 shares during the last quarter. JPMorgan Chase & Co. increased its position in OneSpan by 177.5% during the third 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 period. Finally, Geode Capital Management LLC raised its stake in OneSpan by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 857,474 shares of the company's stock valued at $14,297,000 after purchasing an additional 14,086 shares during the last quarter. Institutional investors and hedge funds own 95.52% of the company's stock.

OneSpan Price Performance

Shares of OneSpan stock traded down $0.11 during trading on Friday, hitting $14.35. 187,035 shares of the company's stock traded hands, compared to its average volume of 404,284. OneSpan Inc. has a twelve month low of $9.68 and a twelve month high of $20.37. The company has a market cap of $547.83 million, a PE ratio of 19.39 and a beta of 1.03. The firm's fifty day moving average price is $16.20 and its 200 day moving average price is $17.14.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of OneSpan from a "buy" rating to a "hold" rating in a report on Friday, March 28th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.63.

OneSpan Company 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.