Barclays PLC Has $1.11 Million Stock Holdings in OneSpan Inc. (NASDAQ:OSPN)

Barclays PLC lifted its stake in OneSpan Inc. (NASDAQ:OSPN - Free Report) by 388.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 66,719 shares of the company's stock after purchasing an additional 53,060 shares during the quarter. Barclays PLC owned 0.18% of OneSpan worth $1,113,000 as of its most recent filing with the Securities & Exchange Commission.

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 valued at $1,481,000 after acquiring an additional 14,984 shares during the period. Victory Capital Management Inc. raised its stake in OneSpan by 2.5% during 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 stake in shares of OneSpan in the second quarter worth $41,000. Finally, Total Clarity Wealth Management Inc. purchased a new position in shares of OneSpan during the second quarter valued at $164,000. Hedge funds and other 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 firm's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $18.51, for a total value of $981,030.00. Following the sale, the director now directly 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 document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.90% of the company's stock.

OneSpan Price Performance

OSPN traded up $0.34 during midday trading on Tuesday, hitting $18.83. 238,220 shares of the company's stock traded hands, compared to its average volume of 303,165. The company has a market cap of $715.37 million, a PE ratio of 25.45 and a beta of 0.77. The stock's fifty day simple moving average is $18.22 and its 200-day simple moving average is $16.06. OneSpan Inc. has a one year low of $9.22 and a one year high of $19.58.

OneSpan Dividend Announcement

The business also recently disclosed a -- dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, January 31st. OneSpan's payout ratio is 64.86%.

Wall Street Analysts Forecast Growth

OSPN has been the subject of a number of research reports. Sidoti upgraded 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 report on Thursday, October 31st. Rosenblatt Securities upped their price objective 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. Finally, StockNews.com raised shares of OneSpan from a "buy" rating to a "strong-buy" rating in a research note on Monday, November 4th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price 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.