Onespan Inc (NASDAQ:OSPN) Director T Kendall Hunt sold 126,596 shares of the business’s stock in a transaction on Thursday, September 6th. The shares were sold at an average price of $17.77, for a total transaction of $2,249,610.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
T Kendall Hunt also recently made the following trade(s):
- On Thursday, August 16th, T Kendall Hunt sold 282,486 shares of Onespan stock. The shares were sold at an average price of $17.70, for a total transaction of $5,000,002.20.
NASDAQ OSPN traded up $0.40 during trading on Friday, reaching $17.85. The company’s stock had a trading volume of 114,691 shares, compared to its average volume of 139,200. The firm has a market cap of $701.94 million, a PE ratio of 41.51, a P/E/G ratio of 5.06 and a beta of 1.43. Onespan Inc has a twelve month low of $11.05 and a twelve month high of $25.45.
Onespan (NASDAQ:OSPN) last posted its quarterly earnings data on Thursday, July 26th. The company reported $0.09 EPS for the quarter, meeting analysts’ consensus estimates of $0.09. The company had revenue of $49.55 million for the quarter, compared to analyst estimates of $48.82 million. Onespan had a negative net margin of 11.11% and a positive return on equity of 7.27%. Onespan’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.06 earnings per share. research analysts anticipate that Onespan Inc will post 0.35 EPS for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Piedmont Investment Advisors LLC acquired a new position in Onespan in the second quarter valued at $139,000. Engineers Gate Manager LP acquired a new position in Onespan in the second quarter valued at $434,000. Boston Partners acquired a new position in Onespan in the second quarter valued at $2,952,000. Texas Permanent School Fund acquired a new position in Onespan in the second quarter valued at $383,000. Finally, EAM Global Investors LLC acquired a new position in Onespan in the second quarter valued at $1,285,000. Institutional investors own 60.50% of the company’s stock.
Separately, Zacks Investment Research raised shares of Onespan from a “sell” rating to a “hold” rating in a research report on Wednesday, August 1st.
OneSpan Inc, together with its subsidiaries, designs, develops, and markets digital solutions for identity, security, and business productivity worldwide. The company offers DIGIPASS software authenticators; DIGIPASS for Apps, a software development kit; 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.
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