Segall Bryant & Hamill LLC Has $3.39 Million Holdings in OneSpan Inc. (NASDAQ:OSPN)

Segall Bryant & Hamill LLC decreased its holdings in shares of OneSpan Inc. (NASDAQ:OSPN) by 75.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 182,821 shares of the company’s stock after selling 572,351 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.48% of OneSpan worth $3,390,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Prudential Financial Inc. lifted its position in OneSpan by 814.5% during the 4th quarter. Prudential Financial Inc. now owns 211,048 shares of the company’s stock worth $3,913,000 after buying an additional 187,970 shares in the last quarter. Vanguard Group Inc. increased its position in shares of OneSpan by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 3,526,988 shares of the company’s stock valued at $65,390,000 after acquiring an additional 38,362 shares during the last quarter. LPL Financial LLC bought a new stake in OneSpan during the fourth quarter worth about $287,000. KLP Kapitalforvaltning AS acquired a new position in OneSpan during the fourth quarter valued at approximately $152,000. Finally, Hillsdale Investment Management Inc. grew its stake in OneSpan by 0.4% in the fourth quarter. Hillsdale Investment Management Inc. now owns 246,058 shares of the company’s stock valued at $4,562,000 after purchasing an additional 900 shares in the last quarter. Institutional investors and hedge funds own 95.52% of the company’s stock.

OneSpan Trading Down 2.5 %

Shares of NASDAQ OSPN opened at $15.91 on Friday. The company has a market capitalization of $607.38 million, a P/E ratio of 21.50 and a beta of 0.83. OneSpan Inc. has a 12 month low of $9.68 and a 12 month high of $20.37. The stock has a 50 day moving average of $17.79 and a 200-day moving average of $17.30.

Analysts Set New Price Targets

Several equities research analysts have recently commented on OSPN shares. StockNews.com downgraded OneSpan from a “buy” rating to a “hold” rating in a report on Friday. Rosenblatt Securities increased their price target on shares of OneSpan from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, OneSpan presently has an average rating of “Moderate Buy” and an average price target of $17.63.

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.