OneSpanOSPN
Market Cap: $567M
About: OneSpan Inc is a provider of information technology security solutions for banking and financial services and application security markets. Its solutions secure and manage access to digital assets and protect online transactions, via mobile devices and in-person. Authentication and anti-fraud solutions are the organization's primary product offerings and include multifactor authentication and virtual private network access capabilities. The company derives revenues from hardware and license fees, maintenance and support fees, and subscription fees. A large majority of the firm's revenue is generated in Europe, the Middle East, and Africa, and the rest in the United States and Asia-Pacific region.
Employees: 526
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2,822% more call options, than puts
Call options by funds: $27.5M | Put options by funds: $940K
115% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 20
41% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 39
17% more funds holding
Funds holding: 136 [Q1] → 159 (+23) [Q2]
8% more capital invested
Capital invested by funds: $380M [Q1] → $410M (+$30.4M) [Q2]
0.39% less ownership
Funds ownership: 84.9% [Q1] → 84.51% (-0.39%) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Rosenblatt Catharine Trebnick 45% 1-year accuracy 23 / 51 met price target | 34%upside $20 | Buy Initiated | 6 Sept 2024 |