OneSpan (OSPN)

• Market cap: $639M
• 1 day: 0.66%
• 5 days: -4.48%
• 1 month: 9.50%
• 3 months: 6.99%
• 6 months: 32.94%
• Year to date: 59.22%
• 1 year: 65.81%
• 5 years: -8.63%
• 10 years: -37.62%
• Sector: Information Technology
• Industry: Computer Integrated Systems Design

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 Q3 regulatory filings by fund managers ($100M+ AUM)

542% more call options, than puts

Call options by funds: $14.4M | Put options by funds: $2.25M

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

35% more capital invested

Capital invested by funds: $418M [Q2] → $565M (+$147M) [Q3]

33% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 27

6% more funds holding

Funds holding: 159 [Q2] → 168 (+9) [Q3]

3.49% more ownership

Funds ownership: 86.24% [Q2] → 89.72% (+3.49%) [Q3]

2% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 49

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $18 7% upside
• Avg. target: $19.25 14% upside
• High target: $20 19% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Sidoti & Co. Anja Soderstrom 100% 1-year accuracy 1 / 1 met price target	13% upside $19	Buy Upgraded	31 Oct 2024
Rosenblatt Catharine Trebnick 73% 1-year accuracy 43 / 59 met price target	7% upside $18	Buy Maintained	31 Oct 2024
Rosenblatt Catharine Trebnick 73% 1-year accuracy 43 / 59 met price target	19% upside $20	Buy Maintained	28 Oct 2024
Rosenblatt Catharine Trebnick 73% 1-year accuracy 43 / 59 met price target	19% upside $20	Buy Initiated	6 Sept 2024