Onespan Inc (NASDAQ:OSPN) insider Scott Clements purchased 3,340 shares of the firm’s stock in a transaction on Thursday, May 16th. The shares were acquired at an average cost of $14.80 per share, with a total value of $49,432.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Scott Clements also recently made the following trade(s):

  • On Wednesday, May 29th, Scott Clements purchased 3,550 shares of Onespan stock. The shares were acquired at an average cost of $14.14 per share, with a total value of $50,197.00.

Onespan stock opened at $13.91 on Thursday. Onespan Inc has a fifty-two week low of $11.41 and a fifty-two week high of $21.61. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.56 and a current ratio of 2.88. The company has a market capitalization of $544.93 million, a P/E ratio of 38.64, a PEG ratio of 3.78 and a beta of 2.12. The stock has a 50-day simple moving average of $14.29 and a 200-day simple moving average of $16.24.

Onespan (NASDAQ:OSPN) last posted its earnings results on Thursday, July 25th. The company reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.04). Onespan had a negative net margin of 2.30% and a positive return on equity of 2.45%. The firm had revenue of $56.20 million during the quarter, compared to analysts’ expectations of $56.29 million. During the same period in the previous year, the firm posted $0.09 earnings per share. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. As a group, analysts forecast that Onespan Inc will post 0.36 earnings per share for the current year.

A number of brokerages have issued reports on OSPN. National Securities reaffirmed a “buy” rating and set a $23.00 price target on shares of Onespan in a report on Friday, July 26th. Wedbush reaffirmed a “hold” rating and set a $17.00 price target on shares of Onespan in a report on Friday, July 26th. Zacks Investment Research downgraded Onespan from a “hold” rating to a “sell” rating in a report on Tuesday, July 30th. ValuEngine downgraded Onespan from a “buy” rating to a “hold” rating in a report on Tuesday, July 23rd. Finally, B. Riley started coverage on Onespan in a report on Tuesday, June 25th. They issued a “buy” rating and a $22.00 target price for the company. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $20.20.

Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. lifted its holdings in shares of Onespan by 3.7% in the 2nd quarter. BlackRock Inc. now owns 4,827,802 shares of the company’s stock valued at $68,410,000 after purchasing an additional 174,059 shares during the last quarter. Legion Partners Asset Management LLC increased its position in Onespan by 15.7% in the 2nd quarter. Legion Partners Asset Management LLC now owns 2,416,883 shares of the company’s stock valued at $34,247,000 after acquiring an additional 327,622 shares during the period. Dimensional Fund Advisors LP increased its position in Onespan by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,522,093 shares of the company’s stock valued at $19,711,000 after acquiring an additional 15,311 shares during the period. Ancora Advisors LLC increased its position in Onespan by 121.1% in the 2nd quarter. Ancora Advisors LLC now owns 1,042,282 shares of the company’s stock valued at $14,769,000 after acquiring an additional 570,944 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its position in Onespan by 35.7% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 570,000 shares of the company’s stock valued at $8,077,000 after acquiring an additional 150,000 shares during the period. 66.55% of the stock is owned by institutional investors and hedge funds.

Onespan Company Profile

OneSpan, Inc engages in the design, development, and marketing of security solutions for identity, security, and business productivity that protect and facilitate transactions online, via mobile devices, and in-person. Its solutions has the following functions: secure access to online accounts, data, assets, and applications for global enterprises; provide tools for application developers to easily integrate security functions into their web-based and mobile applications; and facilitate digital transactions involving the signing, sending, and managing of documents.

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Insider Buying and Selling by Quarter for Onespan (NASDAQ:OSPN)

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