Ellsworth Advisors LLC Has $659,000 Stock Holdings in OneSpan Inc. (NASDAQ:OSPN)

Ellsworth Advisors LLC grew its holdings in shares of OneSpan Inc. (NASDAQ:OSPN) by 8.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,521 shares of the company’s stock after purchasing an additional 2,826 shares during the quarter. Ellsworth Advisors LLC owned about 0.09% of OneSpan worth $659,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. boosted its stake 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 period. JPMorgan Chase & Co. grew its position in OneSpan by 177.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,106,806 shares of the company’s stock worth $18,450,000 after purchasing an additional 708,020 shares during the last quarter. Principal Financial Group Inc. bought a new position in shares of OneSpan during the 3rd quarter worth about $312,000. 272 Capital LP acquired a new position in shares of OneSpan during the third quarter valued at about $1,659,000. Finally, Franklin Resources Inc. lifted its stake in shares of OneSpan by 104.5% in the third quarter. Franklin Resources Inc. now owns 51,380 shares of the company’s stock valued at $818,000 after buying an additional 26,254 shares during the period. Institutional investors own 95.52% of the company’s stock.

Insider Activity at OneSpan

In other OneSpan news, Director Michael J. Mcconnell sold 53,000 shares of the stock in a transaction on Monday, December 2nd. The stock was 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 approximately $385,914.99. This trade represents a 71.77 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.90% of the stock is currently owned by insiders.

OneSpan Trading Down 0.7 %

NASDAQ OSPN opened at $18.93 on Monday. The stock’s 50 day moving average is $18.36 and its two-hundred day moving average is $16.24. OneSpan Inc. has a 1-year low of $9.22 and a 1-year high of $19.58. The company has a market capitalization of $719.15 million, a price-to-earnings ratio of 25.58 and a beta of 0.77.

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 given a dividend of $0.12 per share. The ex-dividend date is Friday, January 31st.

Analyst Ratings Changes

Several equities analysts recently issued reports on OSPN shares. StockNews.com upgraded OneSpan from a “buy” rating to a “strong-buy” rating in a research note on Monday, November 4th. Sidoti upgraded OneSpan from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $14.00 to $19.00 in a research report on Thursday, October 31st. Finally, Rosenblatt Securities upped their target price on OneSpan from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, December 16th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, OneSpan has a consensus rating of “Buy” and an average target price 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.