S&P 500 jumps as tech rallies as investors eye end of government shutdown
On November 5, 2025, Michael J. McConnell, a director at OneSpan Inc (NASDAQ: OSPN), purchased 50,000 shares of common stock. The purchases were made in three separate transactions, all at the same day, with prices ranging from $11.65 to $12.1 per share, for a total value of $598,000.McConnell’s purchase comes as OneSpan trades near its 52-week low of $11.00, with the stock down nearly 32% year-to-date. Currently trading at $12.36, OneSpan appears undervalued according to InvestingPro analysis, with a P/E ratio of just 8.22 and a solid 3.88% dividend yield. The company maintains a "GOOD" financial health rating despite recent price weakness. For investors seeking similar opportunities, InvestingPro’s Most Undervalued list offers comprehensive insights on stocks trading below their Fair Value.
In other recent news, OneSpan Inc. reported its third-quarter 2025 earnings, exceeding Wall Street expectations with an earnings per share (EPS) of $0.33, surpassing the forecasted $0.29. However, the company experienced a slight revenue miss, reporting $57.1 million compared to the anticipated $58.18 million. Despite this, OneSpan is showing growth in subscription revenue and maintains a strong market position in multi-factor authentication. In analyst updates, DA Davidson has reiterated its Neutral rating and maintained a price target of $13.00 for OneSpan. The rating confirmation was issued by DA Davidson analyst Rudy Kessinger, who kept both the rating and price target unchanged. These developments highlight OneSpan’s ongoing transition towards software-focused solutions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
