60,590 Shares in OneSpan Inc. (NASDAQ:OSPN) Bought by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL purchased a new position in shares of OneSpan Inc. (NASDAQ:OSPN - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 60,590 shares of the company's stock, valued at approximately $1,123,000. Tudor Investment Corp ET AL owned approximately 0.16% of OneSpan at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. R Squared Ltd acquired a new position in shares of OneSpan during the 4th quarter valued at $37,000. New York State Teachers Retirement System acquired a new position in OneSpan during the fourth quarter worth about $64,000. Steward Partners Investment Advisory LLC bought a new stake in OneSpan in the fourth quarter worth about $109,000. State of Tennessee Department of Treasury bought a new position in shares of OneSpan during the 4th quarter valued at about $147,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of OneSpan in the 4th quarter worth approximately $152,000. 95.52% of the stock is owned by institutional investors and hedge funds.

OneSpan Trading Up 1.6 %

NASDAQ:OSPN traded up $0.25 during trading hours on Friday, hitting $15.78. 2,129,022 shares of the stock traded hands, compared to its average volume of 409,205. The firm has a 50 day moving average price of $15.23 and a 200 day moving average price of $17.12. The firm has a market cap of $603.27 million, a price-to-earnings ratio of 21.32 and a beta of 1.21. OneSpan Inc. has a fifty-two week low of $11.94 and a fifty-two week high of $20.37.

OneSpan Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend is Friday, May 16th. OneSpan's dividend payout ratio is currently 32.65%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on OSPN. StockNews.com downgraded OneSpan from a "buy" rating to a "hold" rating in a research report on Friday, March 28th. Rosenblatt Securities reissued a "buy" rating and issued a $20.00 price target on shares of OneSpan in a research note on Friday, May 2nd.

OneSpan 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.