IQ EQ FUND MANAGEMENT IRELAND Ltd Sells 15,856 Shares of OneSpan Inc. (NASDAQ:OSPN)

IQ EQ FUND MANAGEMENT IRELAND Ltd lowered its stake in shares of OneSpan Inc. (NASDAQ:OSPN - Free Report) by 12.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 107,169 shares of the company's stock after selling 15,856 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd owned 0.28% of OneSpan worth $1,987,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in OneSpan by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 3,526,988 shares of the company's stock worth $65,390,000 after acquiring an additional 38,362 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of OneSpan in the 4th quarter valued at about $44,699,000. State Street Corp increased its stake in shares of OneSpan by 1.6% during the 3rd quarter. State Street Corp now owns 1,641,855 shares of the company's stock worth $27,370,000 after purchasing an additional 25,361 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of OneSpan by 177.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,106,806 shares of the company's stock valued at $18,450,000 after purchasing an additional 708,020 shares during the period. Finally, Geode Capital Management LLC lifted its stake in OneSpan by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 857,474 shares of the company's stock valued at $14,297,000 after purchasing an additional 14,086 shares during the last quarter. Institutional investors and hedge funds own 95.52% of the company's stock.

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Analyst Ratings Changes

OSPN has been the topic of several research analyst reports. Rosenblatt Securities upped their price objective on OneSpan from $18.00 to $22.00 and gave the company a "buy" rating in a research note on Monday, December 16th. StockNews.com cut OneSpan from a "buy" rating to a "hold" rating in a research note on Friday. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, OneSpan currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.63.

OneSpan Stock Performance

NASDAQ:OSPN traded down $0.34 during mid-day trading on Monday, hitting $15.13. 80,519 shares of the stock were exchanged, compared to its average volume of 400,230. The firm's 50-day simple moving average is $17.72 and its 200 day simple moving average is $17.34. The stock has a market capitalization of $577.41 million, a price-to-earnings ratio of 20.49 and a beta of 0.83. OneSpan Inc. has a fifty-two week low of $9.68 and a fifty-two week high of $20.37.

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.