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.

Onespan (NASDAQ:OSPN) last posted its earnings results on Tuesday, May 7th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.16). The firm had revenue of $47.61 million during the quarter, compared to the consensus estimate of $48.48 million. Onespan had a negative net margin of 1.69% and a positive return on equity of 3.73%. Onespan’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.12 earnings per share. On average, research analysts anticipate that Onespan Inc will post 0.41 EPS for the current year.

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.

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About Onespan

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.

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