OneSpan Inc. (NASDAQ:OSPN) Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of OneSpan Inc. (NASDAQ:OSPN - Free Report) by 27.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,164,294 shares of the company's stock after buying an additional 469,628 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 5.70% of OneSpan worth $40,129,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Barclays PLC increased its stake 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 in the last quarter. Assenagon Asset Management S.A. increased its position in OneSpan by 46.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 495,210 shares of the company's stock worth $9,181,000 after buying an additional 157,387 shares in the last quarter. Robeco Institutional Asset Management B.V. acquired a new position in shares of OneSpan in the fourth quarter worth $540,000. Amundi purchased a new stake in shares of OneSpan in the fourth quarter valued at $314,000. Finally, Swiss National Bank lifted its position in shares of OneSpan by 6.3% in the fourth quarter. Swiss National Bank now owns 70,700 shares of the company's stock valued at $1,311,000 after acquiring an additional 4,200 shares in the last quarter. 95.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on OSPN. Rosenblatt Securities reiterated a "buy" rating and set a $20.00 price objective on shares of OneSpan in a research report on Friday, May 2nd. StockNews.com upgraded shares of OneSpan from a "buy" rating to a "strong-buy" rating in a report on Wednesday, May 14th.

OneSpan Trading Down 0.3%

Shares of OneSpan stock traded down $0.05 during trading hours on Monday, reaching $16.19. 37,700 shares of the company's stock were exchanged, compared to its average volume of 398,982. OneSpan Inc. has a 52-week low of $12.28 and a 52-week high of $20.37. The company has a fifty day moving average of $15.22 and a 200-day moving average of $17.20. The firm has a market capitalization of $618.79 million, a price-to-earnings ratio of 21.81 and a beta of 1.21.

OneSpan Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 2.97%. The ex-dividend date of this dividend is Friday, May 16th. OneSpan's dividend payout ratio (DPR) is 32.65%.

About OneSpan

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.