OneSpan Inc. (NASDAQ:OSPN) Shares Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC grew its position in OneSpan Inc. (NASDAQ:OSPN) by 14.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 755,172 shares of the company’s stock after purchasing an additional 93,263 shares during the period. Segall Bryant & Hamill LLC owned approximately 1.99% of OneSpan worth $12,589,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Quarry LP increased its holdings in OneSpan by 860.4% in the 2nd quarter. Quarry LP now owns 2,161 shares of the company’s stock worth $28,000 after buying an additional 1,936 shares during the period. Quest Partners LLC increased its stake in shares of OneSpan by 2,952.6% in the second quarter. Quest Partners LLC now owns 2,381 shares of the company’s stock worth $31,000 after acquiring an additional 2,303 shares during the period. DekaBank Deutsche Girozentrale acquired a new stake in shares of OneSpan in the second quarter worth $41,000. Covestor Ltd purchased a new position in shares of OneSpan during the third quarter worth $65,000. Finally, Point72 Asset Management L.P. acquired a new position in OneSpan during the second quarter valued at $74,000. 95.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on OSPN shares. Rosenblatt Securities reissued a “buy” rating and issued a $20.00 price objective on shares of OneSpan in a report on Monday, October 28th. StockNews.com raised 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 price objective for the stock from $14.00 to $19.00 in a research note on Thursday, October 31st. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, OneSpan has a consensus rating of “Buy” and a consensus target price of $17.13.

OneSpan Stock Up 1.8 %

OSPN stock opened at $17.26 on Thursday. OneSpan Inc. has a 52-week low of $9.22 and a 52-week high of $17.89. The firm has a market cap of $655.71 million, a P/E ratio of 23.32 and a beta of 0.75. The company’s 50-day simple moving average is $15.93 and its 200-day simple moving average is $14.52.

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.