VASCO Data Security International, Inc. (NASDAQ:VDSI) – Equities research analysts at Dougherty & Co upped their Q3 2017 earnings per share (EPS) estimates for VASCO Data Security International in a research note issued on Thursday. Dougherty & Co analyst J. Maxa now expects that the technology company will earn $0.09 per share for the quarter, up from their previous estimate of $0.08. Dougherty & Co also issued estimates for VASCO Data Security International’s Q4 2017 earnings at $0.10 EPS, FY2017 earnings at $0.32 EPS and FY2018 earnings at $0.37 EPS.

A number of other equities research analysts have also commented on VDSI. BidaskClub lowered VASCO Data Security International from a “sell” rating to a “strong sell” rating in a research report on Friday. ValuEngine raised VASCO Data Security International from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Imperial Capital assumed coverage on VASCO Data Security International in a research report on Monday, June 26th. They issued an “outperform” rating and a $16.00 price target for the company. Zacks Investment Research lowered VASCO Data Security International from a “buy” rating to a “hold” rating in a research report on Thursday, June 29th. Finally, BTIG Research reissued a “buy” rating and issued a $18.00 price target on shares of VASCO Data Security International in a research report on Monday, April 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $16.33.

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VASCO Data Security International (VDSI) opened at 12.25 on Monday. The firm has a market capitalization of $487.51 million, a P/E ratio of 79.03 and a beta of 1.38. The company’s 50-day moving average is $13.53 and its 200-day moving average is $13.66. VASCO Data Security International has a one year low of $12.05 and a one year high of $19.30.

VASCO Data Security International (NASDAQ:VDSI) last issued its earnings results on Thursday, July 27th. The technology company reported $0.06 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.05. The business had revenue of $45.70 million for the quarter, compared to the consensus estimate of $42.87 million. VASCO Data Security International had a net margin of 3.45% and a return on equity of 6.06%. The firm’s revenue for the quarter was down 15.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.15 earnings per share.

In related news, CEO T Kendall Hunt sold 19,455 shares of the stock in a transaction on Friday, June 16th. The stock was sold at an average price of $13.58, for a total value of $264,198.90. Following the completion of the sale, the chief executive officer now directly owns 7,641,025 shares of the company’s stock, valued at approximately $103,765,119.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 203,850 shares of company stock valued at $2,766,543 over the last three months. 25.88% of the stock is currently owned by insiders.

Several large investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company raised its stake in shares of VASCO Data Security International by 0.3% in the second quarter. The Manufacturers Life Insurance Company now owns 24,557 shares of the technology company’s stock valued at $353,000 after buying an additional 64 shares in the last quarter. Texas Permanent School Fund raised its stake in shares of VASCO Data Security International by 0.8% in the second quarter. Texas Permanent School Fund now owns 22,012 shares of the technology company’s stock valued at $316,000 after buying an additional 184 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in shares of VASCO Data Security International by 1.7% in the first quarter. Louisiana State Employees Retirement System now owns 12,300 shares of the technology company’s stock valued at $166,000 after buying an additional 200 shares in the last quarter. Arizona State Retirement System raised its stake in shares of VASCO Data Security International by 1.3% in the first quarter. Arizona State Retirement System now owns 15,674 shares of the technology company’s stock valued at $212,000 after buying an additional 200 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its stake in shares of VASCO Data Security International by 6.1% in the second quarter. Municipal Employees Retirement System of Michigan now owns 7,110 shares of the technology company’s stock valued at $102,000 after buying an additional 410 shares in the last quarter. 47.85% of the stock is owned by hedge funds and other institutional investors.

VASCO Data Security International Company Profile

VASCO Data Security International, Inc designs, develops and markets digital solutions for identity, security and business productivity that protect and facilitate transactions online, via mobile devices, and in-person. The Company provides anti-fraud and digital transaction management solutions to financial institutions and other businesses.

Earnings History and Estimates for VASCO Data Security International (NASDAQ:VDSI)

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