Onespan Inc $OSPN Shares Purchased by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. raised its stake in Onespan Inc (NASDAQ:OSPN) by 43.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 366,143 shares of the company’s stock after buying an additional 111,544 shares during the period. Jupiter Asset Management Ltd. owned approximately 0.96% of Onespan worth $5,818,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. State of Alaska Department of Revenue acquired a new position in shares of Onespan in the 3rd quarter worth $26,000. Comerica Bank boosted its position in shares of Onespan by 455.2% in the 1st quarter. Comerica Bank now owns 2,465 shares of the company’s stock valued at $38,000 after purchasing an additional 2,021 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Onespan by 289.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,133 shares of the company’s stock valued at $86,000 after purchasing an additional 3,816 shares during the period. Copeland Capital Management LLC increased its stake in Onespan by 107.4% in the 3rd quarter. Copeland Capital Management LLC now owns 10,204 shares of the company’s stock worth $162,000 after purchasing an additional 5,284 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Onespan during the 3rd quarter worth about $189,000. Institutional investors and hedge funds own 95.52% of the company’s stock.

Onespan Stock Performance

Onespan stock opened at $11.38 on Friday. Onespan Inc has a twelve month low of $10.17 and a twelve month high of $18.53. The firm has a market cap of $432.78 million, a PE ratio of 7.74 and a beta of 1.53. The firm’s 50 day moving average price is $12.12 and its two-hundred day moving average price is $13.48.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. DA Davidson decreased their target price on shares of Onespan from $15.00 to $13.00 and set a “neutral” rating for the company in a report on Friday, October 31st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Onespan in a research report on Monday, December 29th. Wall Street Zen downgraded shares of Onespan from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. Finally, Rosenblatt Securities decreased their target price on Onespan from $17.00 to $15.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $17.00.

About Onespan

OneSpan, formerly known as Vasco Data Security International, is a Chicago-based cybersecurity software company specializing in digital identity and anti-fraud solutions. Founded in 1991, the company provides a suite of authentication and transaction security products designed to help organizations protect critical applications and high-value transactions across online, mobile and in-branch channels.

The core OneSpan portfolio includes multi-factor authentication, risk-based authentication and transaction signing solutions.