20,099 Shares in OneSpan Inc. (NASDAQ:OSPN) Acquired by Gladius Capital Management LP

Gladius Capital Management LP bought a new position in shares of OneSpan Inc. (NASDAQ:OSPN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 20,099 shares of the company’s stock, valued at approximately $335,000. OneSpan comprises about 0.0% of Gladius Capital Management LP’s investment portfolio, making the stock its 26th largest holding. Gladius Capital Management LP owned approximately 0.05% of OneSpan at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Essex Investment Management Co. LLC grew its holdings in shares of OneSpan by 0.3% during the third quarter. Essex Investment Management Co. LLC now owns 256,029 shares of the company’s stock valued at $4,268,000 after buying an additional 681 shares during the last quarter. Victory Capital Management Inc. lifted its position in OneSpan by 2.5% during the 2nd quarter. Victory Capital Management Inc. now owns 58,400 shares of the company’s stock worth $749,000 after acquiring an additional 1,400 shares during the period. Price T Rowe Associates Inc. MD grew its stake in OneSpan by 3.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 51,385 shares of the company’s stock valued at $598,000 after purchasing an additional 1,706 shares during the last quarter. Quarry LP increased its holdings in shares of OneSpan by 860.4% in the second quarter. Quarry LP now owns 2,161 shares of the company’s stock valued at $28,000 after purchasing an additional 1,936 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of OneSpan by 42.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,395 shares of the company’s stock worth $95,000 after purchasing an additional 2,215 shares during the last quarter. Institutional investors and hedge funds own 95.52% of the company’s stock.

OneSpan Trading Down 3.6 %

Shares of OSPN stock opened at $16.72 on Friday. OneSpan Inc. has a twelve month low of $9.22 and a twelve month high of $17.89. The stock has a market cap of $635.19 million, a P/E ratio of 22.59 and a beta of 0.75. The stock has a 50 day moving average of $15.80 and a 200 day moving average of $14.41.

Wall Street Analysts Forecast Growth

OSPN has been the topic of a number of recent research reports. Rosenblatt Securities reiterated a “buy” rating and issued a $20.00 target price on shares of OneSpan in a research report on Monday, October 28th. StockNews.com raised shares of OneSpan from a “buy” rating to a “strong-buy” rating in a report on Monday, November 4th. Finally, Sidoti raised shares of OneSpan from a “neutral” rating to a “buy” rating and raised their target price for the stock from $14.00 to $19.00 in a report on Thursday, October 31st. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, OneSpan has an average rating of “Buy” and a consensus target price of $17.13.

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.