Integrated Quantitative Investments LLC Purchases Shares of 20,643 OneSpan Inc. (NASDAQ:OSPN)

Integrated Quantitative Investments LLC acquired a new position in shares of OneSpan Inc. (NASDAQ:OSPN) during the 4th quarter, Holdings Channel.com reports. The fund acquired 20,643 shares of the company’s stock, valued at approximately $383,000.

Several other institutional investors also recently modified their holdings of OSPN. Geode Capital Management LLC boosted its stake in OneSpan by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 863,224 shares of the company’s stock worth $16,008,000 after buying an additional 5,750 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of OneSpan by 275.0% during the 4th quarter. Alliancebernstein L.P. now owns 133,622 shares of the company’s stock valued at $2,477,000 after acquiring an additional 97,990 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in OneSpan by 37.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 807,007 shares of the company’s stock valued at $14,962,000 after acquiring an additional 219,813 shares during the period. WINTON GROUP Ltd acquired a new position in OneSpan in the fourth quarter worth about $240,000. Finally, Prudential Financial Inc. boosted its holdings in OneSpan by 814.5% during the fourth quarter. Prudential Financial Inc. now owns 211,048 shares of the company’s stock valued at $3,913,000 after purchasing an additional 187,970 shares in the last quarter. Institutional investors and hedge funds own 95.52% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on OSPN shares. StockNews.com downgraded OneSpan from a “buy” rating to a “hold” rating in a research report on Friday, March 28th. Rosenblatt Securities boosted their target price on shares of OneSpan from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $17.63.

OneSpan Price Performance

OSPN stock opened at $13.82 on Friday. The stock has a market capitalization of $527.59 million, a price-to-earnings ratio of 18.68 and a beta of 1.03. The business has a fifty day moving average price of $17.29 and a 200 day moving average price of $17.30. OneSpan Inc. has a fifty-two week low of $9.68 and a fifty-two week high of $20.37.

About OneSpan

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.