Insider Buying: Onespan Inc (OSPN) Insider Purchases 3,550 Shares of Stock
Onespan Inc (NASDAQ:OSPN) insider Scott Clements acquired 3,550 shares of the company’s stock in a transaction that occurred on Wednesday, May 29th. The shares were acquired at an average price of $14.14 per share, with a total value of $50,197.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Scott Clements also recently made the following trade(s):
- On Tuesday, May 21st, Scott Clements acquired 3,500 shares of Onespan stock. The shares were acquired at an average price of $14.25 per share, with a total value of $49,875.00.
Onespan stock opened at $13.95 on Friday. The company has a quick ratio of 2.34, a current ratio of 2.55 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $567.83 million, a price-to-earnings ratio of 38.75, a PEG ratio of 3.44 and a beta of 2.02. Onespan Inc has a 12 month low of $11.41 and a 12 month high of $25.45.
OSPN has been the subject of several recent analyst reports. TheStreet upgraded Onespan from a “c” rating to a “b-” rating in a research report on Monday, March 18th. Zacks Investment Research upgraded Onespan from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Friday, March 8th. ValuEngine downgraded Onespan from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 4th. Finally, Wedbush started coverage on Onespan in a research report on Friday. They issued a “neutral” rating and a $17.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $18.67.
Institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. lifted its holdings in Onespan by 40.6% during the first quarter. Goldman Sachs Group Inc. now owns 112,457 shares of the company’s stock worth $2,161,000 after acquiring an additional 32,466 shares during the period. Essex Investment Management Co. LLC bought a new stake in Onespan during the first quarter worth $1,458,000. Cresset Asset Management LLC bought a new stake in Onespan during the first quarter worth $25,000. Geode Capital Management LLC lifted its holdings in Onespan by 11.3% during the first quarter. Geode Capital Management LLC now owns 389,532 shares of the company’s stock worth $7,486,000 after acquiring an additional 39,574 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Onespan by 3.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 176,952 shares of the company’s stock worth $3,402,000 after acquiring an additional 6,339 shares during the period. Hedge funds and other institutional investors own 64.71% of the company’s stock.
COPYRIGHT VIOLATION WARNING: “Insider Buying: Onespan Inc (OSPN) Insider Purchases 3,550 Shares of Stock” was first reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this piece can be read at https://www.watchlistnews.com/insider-buying-onespan-inc-ospn-insider-purchases-3550-shares-of-stock/3029227.html.
OneSpan, Inc engages in the design, development, and marketing of security solutions for identity, security, and business productivity that protect and facilitate transactions online, via mobile devices, and in-person. Its solutions has the following functions: secure access to online accounts, data, assets, and applications for global enterprises; provide tools for application developers to easily integrate security functions into their web-based and mobile applications; and facilitate digital transactions involving the signing, sending, and managing of documents.
See Also: Terms to Better Understand Call Options
Receive News & Ratings for Onespan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Onespan and related companies with MarketBeat.com's FREE daily email newsletter.