Robeco Institutional Asset Management B.V. decreased its holdings in VASCO Data Security International, Inc. (NASDAQ:VDSI) by 17.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 165,000 shares of the technology company’s stock after selling 35,000 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.41% of VASCO Data Security International worth $2,368,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Texas Permanent School Fund lifted its position in VASCO Data Security International by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 22,012 shares of the technology company’s stock valued at $316,000 after acquiring an additional 184 shares in the last quarter. Arizona State Retirement System lifted its position in VASCO Data Security International by 1.3% in the 1st quarter. Arizona State Retirement System now owns 15,674 shares of the technology company’s stock valued at $212,000 after acquiring an additional 200 shares in the last quarter. Louisiana State Employees Retirement System lifted its position in VASCO Data Security International by 1.7% in the 1st quarter. Louisiana State Employees Retirement System now owns 12,300 shares of the technology company’s stock valued at $166,000 after acquiring an additional 200 shares in the last quarter. Municipal Employees Retirement System of Michigan lifted its position in VASCO Data Security International by 6.1% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,110 shares of the technology company’s stock valued at $102,000 after acquiring an additional 410 shares in the last quarter. Finally, Tiedemann Wealth Management LLC lifted its position in VASCO Data Security International by 6.5% in the 1st quarter. Tiedemann Wealth Management LLC now owns 10,725 shares of the technology company’s stock valued at $145,000 after acquiring an additional 650 shares in the last quarter. 51.61% of the stock is currently owned by institutional investors and hedge funds.

VASCO Data Security International, Inc. (NASDAQ:VDSI) opened at 12.65 on Tuesday. The firm’s 50 day moving average is $13.06 and its 200 day moving average is $13.46. VASCO Data Security International, Inc. has a 52-week low of $11.85 and a 52-week high of $19.09. The company has a market cap of $503.43 million, a PE ratio of 81.61 and a beta of 1.40.

VASCO Data Security International (NASDAQ:VDSI) last posted its quarterly earnings results on Thursday, July 27th. The technology company reported $0.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.05. VASCO Data Security International had a net margin of 3.45% and a return on equity of 6.06%. The firm had revenue of $45.70 million for the quarter, compared to analysts’ expectations of $42.87 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The business’s revenue for the quarter was down 15.8% on a year-over-year basis. Analysts forecast that VASCO Data Security International, Inc. will post $0.07 EPS for the current fiscal year.

VDSI has been the topic of several recent research reports. Zacks Investment Research raised 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 Saturday, August 26th. BidaskClub cut shares of VASCO Data Security International from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. ValuEngine raised shares of VASCO Data Security International from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Finally, Imperial Capital initiated coverage on shares of VASCO Data Security International in a research report on Monday, June 26th. They issued an “outperform” rating and a $16.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $16.00.

In other news, CEO T Kendall Hunt sold 19,455 shares of the stock in a transaction that occurred on Friday, June 16th. The shares were sold at an average price of $13.58, for a total transaction of $264,198.90. Following the sale, the chief executive officer now owns 7,641,025 shares in the company, valued at $103,765,119.50. The transaction was disclosed in a filing with the SEC, which is available at this link. In the last quarter, insiders have sold 234,600 shares of company stock worth $3,139,836. Corporate insiders own 25.88% of the company’s stock.

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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.

Institutional Ownership by Quarter for VASCO Data Security International (NASDAQ:VDSI)

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