SG Americas Securities LLC Sells 5,690 Shares of OneSpan Inc. (NASDAQ:OSPN)

February 5, 2025

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SG Americas Securities LLC cut its stake in shares of OneSpan Inc. (NASDAQ:OSPN – Free Report) by 25.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,861 shares of the company’s stock after selling 5,690 shares during the quarter. SG Americas Securities LLC’s holdings in OneSpan were worth $313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in shares of OneSpan by 177.5% during the third quarter. JPMorgan Chase & Co. now owns 1,106,806 shares of the company’s stock worth $18,450,000 after purchasing an additional 708,020 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of OneSpan by 113.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 337,823 shares of the company’s stock worth $5,632,000 after acquiring an additional 179,497 shares during the period. 272 Capital LP purchased a new stake in OneSpan in the third quarter worth $1,659,000. Segall Bryant & Hamill LLC increased its stake in shares of OneSpan by 14.1% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 755,172 shares of the company’s stock worth $12,589,000 after acquiring an additional 93,263 shares in the last quarter. Finally, Martingale Asset Management L P bought a new stake in shares of OneSpan in the 3rd quarter worth approximately $928,000. Institutional investors own 95.52% of the company’s stock.

OneSpan Trading Up 3.8 %

OneSpan stock opened at $19.06 on Wednesday. The firm has a market capitalization of $724.09 million, a price-to-earnings ratio of 25.76 and a beta of 0.77. OneSpan Inc. has a 12-month low of $9.22 and a 12-month high of $20.16. The firm has a 50 day moving average of $18.75 and a 200 day moving average of $16.77.

OneSpan Announces Dividend

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The company also recently announced a — dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be issued a $0.12 dividend. The ex-dividend date is Friday, January 31st. OneSpan’s dividend payout ratio is currently 64.86%.

Insider Buying and Selling at OneSpan

In other news, Director Michael J. Mcconnell sold 53,000 shares of the company’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $18.51, for a total value of $981,030.00. Following the completion of the transaction, the director now owns 20,849 shares of the company’s stock, valued at $385,914.99. This represents a 71.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on OSPN. Rosenblatt Securities increased their price objective on shares of OneSpan from $18.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, December 16th. 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 upped their price target for the company from $14.00 to $19.00 in a research report on Thursday, October 31st. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $17.63.

View Our Latest Research Report on OneSpan

About OneSpan

(Free Report)

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.