WINTON GROUP Ltd acquired a new position in shares of Onespan Inc (NASDAQ:OSPN) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 462,761 shares of the company’s stock, valued at approximately $9,093,000. WINTON GROUP Ltd owned approximately 1.15% of Onespan at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in OSPN. Piedmont Investment Advisors LLC bought a new position in Onespan in the second quarter valued at about $139,000. SG Americas Securities LLC bought a new position in Onespan in the second quarter valued at about $148,000. Public Employees Retirement Association of Colorado bought a new position in Onespan in the second quarter valued at about $167,000. Strs Ohio bought a new position in Onespan in the second quarter valued at about $180,000. Finally, Bank of America Corp DE bought a new position in Onespan in the second quarter valued at about $187,000. Hedge funds and other institutional investors own 60.45% of the company’s stock.

Separately, Zacks Investment Research upgraded Onespan from a “sell” rating to a “hold” rating in a report on Wednesday, August 1st.

OSPN traded up $0.48 during midday trading on Friday, reaching $16.93. 229,108 shares of the company were exchanged, compared to its average volume of 224,258. Onespan Inc has a one year low of $11.55 and a one year high of $25.45. The stock has a market cap of $766.30 million, a P/E ratio of 39.37, a price-to-earnings-growth ratio of 5.52 and a beta of 1.45.

Onespan (NASDAQ:OSPN) last issued its earnings results on Thursday, July 26th. The company reported $0.09 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.09. Onespan had a positive return on equity of 7.27% and a negative net margin of 11.11%. The firm had revenue of $49.55 million for the quarter, compared to analysts’ expectations of $48.82 million. During the same quarter last year, the business earned $0.06 earnings per share. The company’s revenue was up 8.4% compared to the same quarter last year. Equities analysts expect that Onespan Inc will post 0.35 earnings per share for the current fiscal year.

In other Onespan news, Director T Kendall Hunt sold 282,486 shares of the firm’s stock in a transaction dated Thursday, August 16th. The stock was sold at an average price of $17.70, for a total transaction of $5,000,002.20. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last 90 days, insiders have sold 471,735 shares of company stock worth $8,392,124. Company insiders own 22.48% of the company’s stock.

Onespan Profile

OneSpan Inc, together with its subsidiaries, designs, develops, and markets digital solutions for identity, security, and business productivity worldwide. It enables financial institutions and other organizations to succeed by making bold advances in their digital transformation. The company offers DIGIPASS software authenticators that balance the need for stronger mobile application security; DIGIPASS for Apps, a software development kit, which allows application developers to natively integrate security features; DIGIPASS for Mobile, a mobile authenticator that operates as a discrete mobile application; IDENTIKEY Risk Manager, an anti-fraud solution; and application shielding with runtime application self-protection that neutralizes the threat of attacks on mobile apps.

Featured Article: Does the discount rate affect the economy?

Institutional Ownership by Quarter for Onespan (NASDAQ:OSPN)

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.