BidaskClub Upgrades VASCO Data Security International (VDSI) to Sell

VASCO Data Security International (NASDAQ:VDSI) was upgraded by stock analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Thursday.

A number of other analysts also recently commented on VDSI. Zacks Investment Research upgraded shares of VASCO Data Security International from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a research report on Friday, April 13th. ValuEngine downgraded shares of VASCO Data Security International from a “hold” rating to a “sell” rating in a research report on Wednesday, March 7th. Finally, TheStreet downgraded shares of VASCO Data Security International from a “c” rating to a “d+” rating in a report on Thursday, February 22nd. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $16.00.

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VDSI stock opened at $15.15 on Thursday. VASCO Data Security International has a 52 week low of $11.05 and a 52 week high of $15.40. The stock has a market cap of $592.37, a price-to-earnings ratio of 35.23, a P/E/G ratio of 3.28 and a beta of 1.34.



VASCO Data Security International (NASDAQ:VDSI) last released its quarterly earnings results on Wednesday, February 21st. The technology company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.04. VASCO Data Security International had a negative net margin of 11.59% and a positive return on equity of 6.12%. The company had revenue of $54.51 million for the quarter, compared to the consensus estimate of $50.27 million. During the same period in the previous year, the firm earned $0.16 EPS. VASCO Data Security International’s revenue was up 14.5% on a year-over-year basis. sell-side analysts anticipate that VASCO Data Security International will post 0.45 earnings per share for the current fiscal year.

In related news, Director T Kendall Hunt sold 32,762 shares of the business’s stock in a transaction that occurred on Tuesday, April 17th. The shares were sold at an average price of $13.63, for a total value of $446,546.06. Following the sale, the director now directly owns 6,901,047 shares in the company, valued at approximately $94,061,270.61. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 209,467 shares of company stock worth $2,825,637 over the last quarter. Insiders own 25.44% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its holdings in shares of VASCO Data Security International by 4.5% in the 4th quarter. BlackRock Inc. now owns 3,896,183 shares of the technology company’s stock worth $54,157,000 after purchasing an additional 169,039 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of VASCO Data Security International by 32.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,007,189 shares of the technology company’s stock worth $12,136,000 after purchasing an additional 246,585 shares in the last quarter. Neuberger Berman Group LLC raised its holdings in shares of VASCO Data Security International by 5.0% in the 3rd quarter. Neuberger Berman Group LLC now owns 911,796 shares of the technology company’s stock worth $10,987,000 after purchasing an additional 43,589 shares in the last quarter. Archon Capital Management LLC raised its holdings in shares of VASCO Data Security International by 4.3% in the 4th quarter. Archon Capital Management LLC now owns 556,772 shares of the technology company’s stock worth $7,739,000 after purchasing an additional 23,112 shares in the last quarter. Finally, Boston Partners bought a new stake in shares of VASCO Data Security International in the 4th quarter worth approximately $6,922,000. Institutional investors and hedge funds own 53.46% of the company’s stock.

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VASCO Data Security International Company Profile

VASCO Data Security International, Inc, together with its subsidiaries, designs, develops, and markets digital solutions for identity, security, and business productivity worldwide. The company offers DIGIPASS software authenticators; DIGIPASS for Apps, a software development kit; DIGIPASS for Mobile, a mobile authenticator that operates as a discrete mobile application; IDENTIKEY Risk Manager, an anti-fraud solution; and application shielding with runtime application self-protection that neutralizes the threat of attacks on mobile apps.

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