OneSpan Inc (NASDAQ: OSPN) is -14.89% lower on its value in year-to-date trading and has touched a low of $11.94 and a high of $20.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OSPN stock was last observed hovering at around $15.53 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $15.78, the stock is 5.73% and 2.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.13 million and changing 1.61% at the moment leaves the stock -4.65% off its SMA200. OSPN registered 30.52% gain for a year compared to 6-month loss of -4.65%.
The stock witnessed a 5.84% gain in the last 1 month and extending the period to 3 months gives it a -17.73%, and is 4.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.58% over the week and 3.78% over the month.
OneSpan Inc (OSPN) has around 571 employees, a market worth around $603.27M and $241.70M in sales. Current P/E ratio is 10.73 and Fwd P/E is 10.94. Profit margin for the company is 24.05%. Distance from 52-week low is 32.16% and -22.51% from its 52-week high. The company has generated returns on investments over the last 12 months (24.42%).
The EPS is expected to grow by 8.52% this year.
OneSpan Inc (OSPN) Top Institutional Holders
The shares outstanding are 38.16M, and float is at 35.64M with Short Float at 4.55%.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.47 million shares valued at $44.55 million. The investor’s holdings represent 9.0187% of the OSPN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.25 million shares valued at $41.64 million to account for 8.4293 of the shares outstanding. The other top investors are LEGION PARTNERS ASSET MANAGEMENT, LLC which holds 2.65 million shares representing 6.867% and valued at over $33.92 million, while LEGAL & GENERAL GROUP PLC holds 5.2373 of the shares totaling 2.02 million with a market value of $25.87 million.
OneSpan Inc (OSPN) Insider Activity
The most recent transaction is an insider sale by McConnell Michael J, the company’s Director. SEC filings show that McConnell Michael J sold 53,000 shares of the company’s common stock on Dec 02 ’24 at a price of $18.51 per share for a total of $0.98 million. Following the sale, the insider now owns 20849.0 shares.
