Integrated Quantitative Investments LLC Takes Position in OneSpan Inc. (NASDAQ:OSPN)

Integrated Quantitative Investments LLC purchased a new stake in OneSpan Inc. (NASDAQ:OSPN - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 20,643 shares of the company's stock, valued at approximately $383,000. Integrated Quantitative Investments LLC owned approximately 0.05% of OneSpan as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of OSPN. Raymond James Financial Inc. purchased a new position in OneSpan in the 4th quarter valued at about $44,699,000. JPMorgan Chase & Co. lifted its position in shares of OneSpan by 177.5% in the third quarter. JPMorgan Chase & Co. now owns 1,106,806 shares of the company's stock valued at $18,450,000 after acquiring an additional 708,020 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of OneSpan by 37.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 807,007 shares of the company's stock worth $14,962,000 after acquiring an additional 219,813 shares during the last quarter. Prudential Financial Inc. increased its position in shares of OneSpan by 814.5% during the fourth quarter. Prudential Financial Inc. now owns 211,048 shares of the company's stock worth $3,913,000 after purchasing an additional 187,970 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in OneSpan by 46.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 495,210 shares of the company's stock valued at $9,181,000 after purchasing an additional 157,387 shares during the last quarter. Institutional investors and hedge funds own 95.52% of the company's stock.

OneSpan Trading Down 4.3 %

OSPN traded down $0.64 during mid-day trading on Thursday, hitting $14.27. 74,751 shares of the stock were exchanged, compared to its average volume of 408,467. The company has a market cap of $544.66 million, a PE ratio of 19.28 and a beta of 1.03. The firm's fifty day moving average is $16.77 and its two-hundred day moving average is $17.23. OneSpan Inc. has a 1-year low of $9.68 and a 1-year high of $20.36.

Analysts Set New Price Targets

Several brokerages recently issued reports on OSPN. StockNews.com cut shares of OneSpan from a "buy" rating to a "hold" rating in a research note on Friday, March 28th. Rosenblatt Securities upped their price objective on OneSpan from $18.00 to $22.00 and gave the company a "buy" rating in a report on Monday, December 16th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $17.63.

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.