Susquehanna Fundamental Investments LLC Takes Position in OneSpan Inc. (NASDAQ:OSPN)

Susquehanna Fundamental Investments LLC acquired a new stake in OneSpan Inc. (NASDAQ:OSPN - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 35,180 shares of the company's stock, valued at approximately $451,000. Susquehanna Fundamental Investments LLC owned approximately 0.09% of OneSpan as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quest Partners LLC lifted its position in shares of OneSpan by 2,952.6% during the 2nd quarter. Quest Partners LLC now owns 2,381 shares of the company's stock worth $31,000 after buying an additional 2,303 shares during the period. TFO Wealth Partners LLC increased its position in shares of OneSpan by 15,900.0% during the 4th quarter. TFO Wealth Partners LLC now owns 3,520 shares of the company's stock worth $38,000 after purchasing an additional 3,498 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of OneSpan in the 2nd quarter worth approximately $41,000. CWM LLC increased its holdings in OneSpan by 872.1% during the 2nd quarter. CWM LLC now owns 6,241 shares of the company's stock valued at $80,000 after purchasing an additional 5,599 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in OneSpan by 42.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,395 shares of the company's stock valued at $95,000 after purchasing an additional 2,215 shares during the last quarter. 95.52% of the stock is owned by institutional investors.

OneSpan Stock Up 1.0 %

Shares of NASDAQ:OSPN traded up $0.15 during midday trading on Friday, reaching $14.83. 248,451 shares of the company were exchanged, compared to its average volume of 408,517. The firm has a market cap of $561.61 million, a PE ratio of -82.11 and a beta of 0.76. The stock has a fifty day simple moving average of $15.44 and a two-hundred day simple moving average of $13.31. OneSpan Inc. has a fifty-two week low of $7.64 and a fifty-two week high of $16.68.

OneSpan (NASDAQ:OSPN - Get Free Report) last issued its earnings results on Thursday, August 1st. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.19 by $0.08. OneSpan had a return on equity of 18.69% and a net margin of 6.60%. The company had revenue of $60.92 million during the quarter. During the same quarter in the prior year, the firm posted ($0.27) earnings per share. As a group, analysts forecast that OneSpan Inc. will post 0.94 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Rosenblatt Securities assumed coverage on shares of OneSpan in a research report on Friday, September 6th. They issued a "buy" rating and a $20.00 price objective for the company. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $15.38.

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.