IQ EQ FUND MANAGEMENT IRELAND Ltd Has $1.99 Million Holdings in OneSpan Inc. (NASDAQ:OSPN)

IQ EQ FUND MANAGEMENT IRELAND Ltd cut its position in OneSpan Inc. (NASDAQ:OSPN) by 12.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 107,169 shares of the company’s stock after selling 15,856 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in OneSpan were worth $1,987,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Hillsdale Investment Management Inc. increased its position in shares of OneSpan by 0.4% during the fourth quarter. Hillsdale Investment Management Inc. now owns 246,058 shares of the company’s stock valued at $4,562,000 after purchasing an additional 900 shares during the period. Baader Bank Aktiengesellschaft boosted its stake in OneSpan by 8.9% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 20,700 shares of the company’s stock worth $384,000 after buying an additional 1,700 shares in the last quarter. Principal Financial Group Inc. increased its holdings in OneSpan by 9.5% in the 4th quarter. Principal Financial Group Inc. now owns 20,488 shares of the company’s stock valued at $380,000 after buying an additional 1,780 shares during the period. R Squared Ltd acquired a new position in shares of OneSpan in the 4th quarter valued at $37,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of OneSpan by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 335,356 shares of the company’s stock worth $6,218,000 after acquiring an additional 2,182 shares during the period. Institutional investors and hedge funds own 95.52% of the company’s stock.

OneSpan Price Performance

Shares of NASDAQ OSPN opened at $16.32 on Thursday. OneSpan Inc. has a fifty-two week low of $9.68 and a fifty-two week high of $20.37. The firm has a market capitalization of $623.03 million, a P/E ratio of 22.05 and a beta of 0.83. The company’s 50 day simple moving average is $17.85 and its 200 day simple moving average is $17.31.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on OSPN shares. StockNews.com raised shares of OneSpan from a “hold” rating to a “buy” rating in a research note on Thursday, March 20th. Rosenblatt Securities upped their price objective on OneSpan from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, December 16th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $17.63.

OneSpan Company 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.