OneSpan Inc. (NASDAQ:OSPN) Shares Sold by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. lowered its stake in OneSpan Inc. (NASDAQ:OSPN) by 4.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,899 shares of the company’s stock after selling 1,139 shares during the quarter. Migdal Insurance & Financial Holdings Ltd. owned about 0.06% of OneSpan worth $406,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of OneSpan by 27.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 21,567 shares of the company’s stock worth $405,000 after purchasing an additional 4,646 shares in the last quarter. Baader Bank Aktiengesellschaft lifted its position in shares of OneSpan by 8.9% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 20,700 shares of the company’s stock worth $384,000 after purchasing an additional 1,700 shares in the last quarter. Robeco Institutional Asset Management B.V. acquired a new stake in shares of OneSpan during the fourth quarter worth about $540,000. R Squared Ltd acquired a new stake in shares of OneSpan during the fourth quarter worth about $37,000. Finally, Ellsworth Advisors LLC lifted its position in shares of OneSpan by 8.6% during the fourth quarter. Ellsworth Advisors LLC now owns 35,521 shares of the company’s stock worth $659,000 after purchasing an additional 2,826 shares in the last quarter. Institutional investors and hedge funds own 95.52% of the company’s stock.

Analyst Ratings Changes

OSPN has been the topic of several research reports. StockNews.com raised shares of OneSpan from a “buy” rating to a “strong-buy” rating in a research report on Monday, November 4th. Rosenblatt Securities increased their price target 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. Finally, Sidoti raised shares of OneSpan from a “neutral” rating to a “buy” rating and increased their price target for the stock from $14.00 to $19.00 in a research report on Thursday, October 31st. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, OneSpan has a consensus rating of “Buy” and a consensus price target of $17.63.

Insider Activity at OneSpan

In other OneSpan news, Director Michael J. Mcconnell sold 53,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $18.51, for a total value of $981,030.00. Following the transaction, the director now directly owns 20,849 shares in the company, valued at $385,914.99. This represents a 71.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.90% of the stock is owned by corporate insiders.

OneSpan Stock Up 0.2 %

Shares of NASDAQ:OSPN opened at $19.18 on Friday. The firm’s 50 day moving average price is $18.79 and its 200 day moving average price is $16.80. The stock has a market cap of $728.67 million, a price-to-earnings ratio of 25.92 and a beta of 0.77. OneSpan Inc. has a fifty-two week low of $9.22 and a fifty-two week high of $20.16.

OneSpan Dividend Announcement

The company also recently announced a — dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be issued a $0.12 dividend. The ex-dividend date is Friday, January 31st. OneSpan’s dividend payout ratio (DPR) is 64.86%.

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.