Robeco Institutional Asset Management B.V. Takes $540,000 Position in OneSpan Inc. (NASDAQ:OSPN)

Robeco Institutional Asset Management B.V. purchased a new position in OneSpan Inc. (NASDAQ:OSPN - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 29,149 shares of the company's stock, valued at approximately $540,000. Robeco Institutional Asset Management B.V. owned about 0.08% of OneSpan as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Quarry LP lifted its position in shares of OneSpan by 860.4% during the 2nd quarter. Quarry LP now owns 2,161 shares of the company's stock worth $28,000 after buying an additional 1,936 shares during the last quarter. R Squared Ltd purchased a new stake in shares of OneSpan during the 4th quarter worth approximately $37,000. Covestor Ltd purchased a new stake in shares of OneSpan during the 3rd quarter worth approximately $65,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of OneSpan during the 3rd quarter worth approximately $158,000. Finally, Intech Investment Management LLC purchased a new stake in shares of OneSpan during the 3rd quarter worth approximately $173,000. Hedge funds and other institutional investors own 95.52% of the company's stock.

Insider Transactions at OneSpan

In related news, Director Michael J. Mcconnell sold 53,000 shares of the business's stock in a transaction dated 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. The trade was 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. Corporate insiders own 0.90% of the company's stock.

OneSpan Trading Up 0.2 %

Shares of NASDAQ:OSPN traded up $0.04 on Friday, reaching $19.18. 279,974 shares of the company were exchanged, compared to its average volume of 374,122. OneSpan Inc. has a 1-year low of $9.22 and a 1-year high of $20.16. The firm has a market cap of $728.65 million, a price-to-earnings ratio of 25.92 and a beta of 0.77. The company has a 50-day moving average of $18.82 and a 200-day moving average of $16.86.

OneSpan Dividend Announcement

The business also recently declared 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's dividend payout ratio (DPR) is presently 64.86%.

Analysts Set New Price Targets

Several analysts have recently weighed in on OSPN shares. Rosenblatt Securities boosted their price objective on shares of OneSpan from $18.00 to $22.00 and gave the stock a "buy" rating in a research report on Monday, December 16th. Sidoti upgraded shares of OneSpan from a "neutral" rating to a "buy" rating and boosted their price objective for the stock 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 report on Monday, November 4th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $17.63.

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.