Raymond James Financial Inc. acquired a new position in OneSpan Inc. (NASDAQ:OSPN - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 201,122 shares of the company's stock, valued at approximately $3,729,000. Raymond James Financial Inc. owned approximately 0.53% of OneSpan as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of OSPN. R Squared Ltd bought a new position in shares of OneSpan in the 4th quarter worth $37,000. New York State Teachers Retirement System purchased a new position in OneSpan in the fourth quarter valued at about $64,000. Steward Partners Investment Advisory LLC bought a new position in OneSpan in the fourth quarter worth about $109,000. KLP Kapitalforvaltning AS purchased a new stake in shares of OneSpan during the fourth quarter valued at about $152,000. Finally, Arizona State Retirement System bought a new stake in shares of OneSpan in the 4th quarter valued at about $193,000. Hedge funds and other institutional investors own 95.52% of the company's stock.
Wall Street Analyst Weigh In
Several research analysts recently commented on the stock. StockNews.com lowered shares of OneSpan from a "buy" rating to a "hold" rating in a research note on Friday, March 28th. Rosenblatt Securities reaffirmed a "buy" rating and set a $20.00 price target on shares of OneSpan in a research report on Friday. Two equities research 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 company has a consensus rating of "Moderate Buy" and a consensus price target of $17.13.
Check Out Our Latest Research Report on OneSpan
OneSpan Stock Performance
OSPN stock traded up $0.02 during midday trading on Friday, reaching $14.68. The stock had a trading volume of 131,741 shares, compared to its average volume of 405,505. The firm has a fifty day simple moving average of $15.34 and a two-hundred day simple moving average of $17.11. OneSpan Inc. has a 52-week low of $10.74 and a 52-week high of $20.37. The stock has a market cap of $561.22 million, a PE ratio of 19.84 and a beta of 1.03.
OneSpan Profile
(
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.
Recommended Stories
Before you consider OneSpan, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and OneSpan wasn't on the list.
While OneSpan currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
