OneSpan Inc. (NASDAQ:OSPN) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. lifted its stake in shares of OneSpan Inc. (NASDAQ:OSPN - Free Report) by 166.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 64,794 shares of the company's stock after acquiring an additional 40,475 shares during the quarter. American Century Companies Inc. owned approximately 0.17% of OneSpan worth $1,201,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in OSPN. R Squared Ltd purchased a new position in shares of OneSpan during the 4th quarter worth $37,000. New York State Teachers Retirement System purchased a new position in shares of OneSpan in the 4th quarter valued at approximately $64,000. Steward Partners Investment Advisory LLC acquired a new position in OneSpan in the 4th quarter valued at $109,000. Arizona State Retirement System acquired a new position in shares of OneSpan during the fourth quarter worth about $193,000. Finally, Atria Wealth Solutions Inc. purchased a new stake in OneSpan in the 4th quarter valued at approximately $210,000. Hedge funds and other institutional investors own 95.52% of the company's stock.

OneSpan Trading Down 0.4 %

Shares of NASDAQ:OSPN traded down $0.06 during trading on Wednesday, hitting $14.48. 4,143 shares of the stock were exchanged, compared to its average volume of 402,794. The company has a fifty day moving average price of $16.40 and a two-hundred day moving average price of $17.18. The company has a market cap of $552.60 million, a PE ratio of 19.36 and a beta of 1.03. OneSpan Inc. has a 12-month low of $9.68 and a 12-month high of $20.37.

Analysts Set New Price Targets

Separately, StockNews.com lowered OneSpan from a "buy" rating to a "hold" rating in a report on Friday, March 28th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, OneSpan currently has an average rating of "Moderate Buy" and an average target price 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.