OneSpan Inc’s filing revealed that its Director McConnell Michael J unloaded Company’s shares for reported $0.98 million on Dec 02 ’24. In the deal valued at $18.51 per share,53,000 shares were sold. As a result of this transaction, McConnell Michael J now holds 20,849 shares worth roughly $0.39 million.
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Then, McConnell Michael J bought 5,000 shares, generating $49,150 in total proceeds. Upon buying the shares at $9.83, the Director now owns 73,849 shares.
Before that, Martell Jorge Garcia sold 5,000 shares. OneSpan Inc shares valued at $50,460 were divested by the Chief Financial Officer at a price of $10.09 per share. As a result of the transaction, Martell Jorge Garcia now holds 30,599 shares, worth roughly $0.57 million.
Sidoti upgraded its OneSpan Inc [OSPN] rating to a Buy from a a Neutral in a research note published on October 31, 2024; the price target was increased to $19 from $14. A number of analysts have revised their coverage, including Rosenblatt’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. Sidoti also remained covering OSPN and has decreased its forecast on April 02, 2024 with a “Neutral” recommendation from previously “Buy” rating. DA Davidson revised its rating on August 10, 2023. It rated OSPN as “a Neutral” which previously was an “a Buy”.
Price Performance Review of OSPN
On Tuesday, OneSpan Inc [NASDAQ:OSPN] saw its stock jump 0.59% to $18.70. Over the last five days, the stock has lost -0.69%. OneSpan Inc shares have risen nearly 74.44% since the year began. Nevertheless, the stocks have risen 84.24% over the past one year. While a 52-week high of $19.08 was reached on 12/10/24, a 52-week low of $9.22 was recorded on 03/11/24. SMA at 50 days reached $16.54, while 200 days put it at $13.86.
Levels Of Support And Resistance For OSPN Stock
The 24-hour chart illustrates a support level at 18.48, which if violated will result in even more drops to 18.25. On the upside, there is a resistance level at 19.01. A further resistance level may holdings at 19.32. The Relative Strength Index (RSI) on the 14-day chart is 64.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.84%. Stochastics %K at 83.52% indicates the stock is a selling.
How much short interest is there in OneSpan Inc?
A steep rise in short interest was recorded in OneSpan Inc stocks on 2024-11-29, dropping by 16850.0 shares to a total of 1.6 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.61 million shares. There was a decline of -1.05%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 02, 2022 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $28 price target.
