Teacher Retirement System of Texas Has $3.09 Million Holdings in OneSpan Inc. (NASDAQ:OSPN)

Teacher Retirement System of Texas cut its position in shares of OneSpan Inc. (NASDAQ:OSPN) by 7.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 166,474 shares of the company’s stock after selling 12,634 shares during the quarter. Teacher Retirement System of Texas owned 0.44% of OneSpan worth $3,086,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC raised its holdings in shares of OneSpan by 388.5% in the 3rd quarter. Barclays PLC now owns 66,719 shares of the company’s stock valued at $1,113,000 after purchasing an additional 53,060 shares during the period. 272 Capital LP bought a new stake in OneSpan in the 3rd quarter valued at $1,659,000. Charles Schwab Investment Management Inc. raised its stake in OneSpan by 16.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 333,174 shares of the company’s stock valued at $5,554,000 after acquiring an additional 48,146 shares during the period. Assenagon Asset Management S.A. lifted its holdings in OneSpan by 46.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 495,210 shares of the company’s stock valued at $9,181,000 after purchasing an additional 157,387 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of OneSpan by 177.5% in the third quarter. JPMorgan Chase & Co. now owns 1,106,806 shares of the company’s stock valued at $18,450,000 after purchasing an additional 708,020 shares during the last quarter. Institutional investors and hedge funds own 95.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. StockNews.com raised OneSpan from a “hold” rating to a “buy” rating in a report on Thursday, March 20th. Rosenblatt Securities boosted their price objective on shares of OneSpan from $18.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, December 16th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.63.

OneSpan Stock Up 3.1 %

NASDAQ OSPN opened at $16.49 on Wednesday. OneSpan Inc. has a twelve month low of $9.68 and a twelve month high of $20.37. The business’s fifty day moving average is $17.91 and its 200 day moving average is $17.32. The company has a market cap of $629.52 million, a price-to-earnings ratio of 22.28 and a beta of 0.83.

OneSpan Company Profile

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.