OneSpan Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:OSPN Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
02 Dec 24	SellUS$981,030	Michael McConnell	Individual	53,000	US$18.51
07 Aug 24	SellUS$12,814,355	Legion Partners Asset Management, LLC	Company	874,700	US$14.65
18 Jul 24	SellUS$6,576,477	Legion Partners Asset Management, LLC	Company	487,410	US$13.49
19 Apr 24	BuyUS$950,621	Legion Partners Asset Management, LLC	Company	95,628	US$9.97
15 Mar 24	BuyUS$49,150	Michael McConnell	Individual	5,000	US$9.83
15 Mar 24	SellUS$50,460	Jorge A. Martell	Individual	5,000	US$10.09
13 Mar 24	BuyUS$24,716	Marc Zenner	Individual	2,500	US$9.89

Insider Trading Volume

Insider Buying: OSPN insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of OSPN?
Owner Type	Number of Shares	Ownership Percentage
General Public	773,267	2.04%
Individual Insiders	2,384,452	6.28%
Institutions	34,833,337	91.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 74.11% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.79%	BlackRock, Inc.	3,720,220	US$67.9m	7.06%	no data
9.18%	The Vanguard Group, Inc.	3,488,626	US$63.7m	7.42%	no data
5.73%	Legal & General Investment Management Limited	2,178,669	US$39.8m	7.97%	0.01%
5%	Thomas Hunt	1,900,055	US$34.7m	0%	no data
4.51%	Mirae Asset Global Investments Co., Ltd.	1,711,587	US$31.2m	-8.03%	0.03%
4.37%	Neuberger Berman Investment Advisers LLC	1,658,956	US$30.3m	6.36%	0.02%
4.32%	State Street Global Advisors, Inc.	1,641,855	US$30.0m	1.57%	no data
3.6%	Columbia Management Investment Advisers, LLC	1,369,070	US$25.0m	7.76%	0.01%
3.02%	First Trust Advisors LP	1,146,051	US$20.9m	0%	0.02%
2.26%	Geode Capital Management, LLC	857,474	US$15.6m	1.67%	no data
2.23%	Dimensional Fund Advisors LP	847,166	US$15.5m	2.41%	no data
2.19%	Acadian Asset Management LLC	833,879	US$15.2m	157%	0.04%
2.02%	Lynrock Lake LP	766,666	US$14.0m	-27.2%	2.42%
1.99%	Segall Bryant & Hamill, LLC	755,172	US$13.8m	14.1%	0.18%
1.72%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	651,654	US$11.9m	56.9%	no data
1.71%	Legion Partners Asset Management, LLC	649,563	US$11.9m	-75.5%	4.26%
1.61%	JP Morgan Asset Management	611,076	US$11.2m	7,290%	no data
1.55%	Arrowstreet Capital, Limited Partnership	587,194	US$10.7m	102%	0.01%
1.22%	Goldman Sachs Group, Investment Banking and Securities Investments	461,997	US$8.4m	46.3%	no data
1.15%	JPMorgan Chase & Co, Brokerage and Securities Investments	438,524	US$8.0m	17.1%	no data
1.12%	Morgan Stanley, Investment Banking and Brokerage Investments	427,396	US$7.8m	35.6%	no data
1.02%	Northern Trust Global Investments	385,936	US$7.0m	-3.33%	no data
0.98%	Oberweis Asset Management, Inc.	370,700	US$6.8m	0%	0.26%
0.94%	Eaton Vance Management	357,925	US$6.5m	6.53%	no data
0.89%	Assenagon Asset Management S.A.	337,823	US$6.2m	113%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 08:46
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

OneSpan Inc. is covered by 22 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Argus Research Company
Daniel Drawbaugh	B. Riley Securities, Inc.
Matthew Galinko	B. Riley Wealth