Arthur M. Cohen & Associates LLC Has $1.70 Million Holdings in OneSpan Inc. (NASDAQ:OSPN)

Arthur M. Cohen & Associates LLC reduced its stake in shares of OneSpan Inc. (NASDAQ:OSPN - Free Report) by 32.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 91,474 shares of the company's stock after selling 43,000 shares during the period. Arthur M. Cohen & Associates LLC owned approximately 0.24% of OneSpan worth $1,696,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of OSPN. Bank of New York Mellon Corp raised its holdings in shares of OneSpan by 14.9% during the second quarter. Bank of New York Mellon Corp now owns 115,560 shares of the company's stock worth $1,481,000 after acquiring an additional 14,984 shares during the period. Victory Capital Management Inc. raised its stake in shares of OneSpan by 2.5% in the 2nd quarter. Victory Capital Management Inc. now owns 58,400 shares of the company's stock valued at $749,000 after purchasing an additional 1,400 shares during the period. Quest Partners LLC lifted its holdings 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 valued at $31,000 after purchasing an additional 2,303 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of OneSpan during the second quarter worth about $41,000. Finally, Renaissance Technologies LLC grew its holdings in shares of OneSpan by 8.8% during the second quarter. Renaissance Technologies LLC now owns 130,505 shares of the company's stock worth $1,673,000 after buying an additional 10,535 shares in the last quarter. Institutional investors own 95.52% of the company's stock.

Insider Buying and Selling

In other OneSpan news, Director Michael J. Mcconnell sold 53,000 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $18.51, for a total transaction of $981,030.00. Following the transaction, the director now owns 20,849 shares in the company, valued at $385,914.99. This trade represents a 71.77 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on OSPN. Rosenblatt Securities boosted their target price on OneSpan from $18.00 to $22.00 and gave the company a "buy" rating in a research note on Monday, December 16th. Sidoti raised shares of OneSpan from a "neutral" rating to a "buy" rating and raised their target price for the company from $14.00 to $19.00 in a research report on Thursday, October 31st. Finally, StockNews.com raised shares of OneSpan from a "buy" rating to a "strong-buy" rating in a research report on Monday, November 4th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, OneSpan has a consensus rating of "Buy" and a consensus price target of $17.63.

OneSpan Stock Performance

OSPN traded down $0.14 during trading on Friday, reaching $18.93. 394,682 shares of the stock were exchanged, compared to its average volume of 296,814. The stock has a market cap of $719.15 million, a P/E ratio of 25.58 and a beta of 0.77. The stock's 50 day moving average price is $18.36 and its two-hundred day moving average price is $16.24. OneSpan Inc. has a twelve month low of $9.22 and a twelve month high of $19.58.

OneSpan Announces Dividend

The business also recently announced a -- dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, January 31st.

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.