Comerica Bank lowered its position in shares of VASCO Data Security International, Inc. (NASDAQ:VDSI) by 5.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,519 shares of the technology company’s stock after selling 1,780 shares during the period. Comerica Bank owned 0.08% of VASCO Data Security International worth $448,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VDSI. Teachers Advisors LLC increased its stake in shares of VASCO Data Security International by 3.6% during the fourth quarter. Teachers Advisors LLC now owns 56,283 shares of the technology company’s stock worth $768,000 after purchasing an additional 1,970 shares during the period. Louisiana State Employees Retirement System increased its stake in shares of VASCO Data Security International by 1.7% during the first quarter. Louisiana State Employees Retirement System now owns 12,300 shares of the technology company’s stock worth $166,000 after purchasing an additional 200 shares during the period. Wells Fargo & Company MN increased its stake in shares of VASCO Data Security International by 27.0% during the first quarter. Wells Fargo & Company MN now owns 59,215 shares of the technology company’s stock worth $799,000 after purchasing an additional 12,595 shares during the period. Great West Life Assurance Co. Can increased its stake in shares of VASCO Data Security International by 9.6% during the first quarter. Great West Life Assurance Co. Can now owns 43,592 shares of the technology company’s stock worth $587,000 after purchasing an additional 3,802 shares during the period. Finally, First Trust Advisors LP increased its stake in shares of VASCO Data Security International by 159.3% during the first quarter. First Trust Advisors LP now owns 222,036 shares of the technology company’s stock worth $2,997,000 after purchasing an additional 136,409 shares during the period. Institutional investors own 51.61% of the company’s stock.

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A number of equities analysts have recently weighed in on the company. Zacks Investment Research lowered VASCO Data Security International from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. Imperial Capital assumed coverage on VASCO Data Security International in a research note on Monday, June 26th. They set an “outperform” rating and a $16.00 target price on the stock. ValuEngine upgraded VASCO Data Security International from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Finally, BidaskClub lowered VASCO Data Security International from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. VASCO Data Security International presently has an average rating of “Hold” and an average target price of $16.00.

Shares of VASCO Data Security International, Inc. (VDSI) opened at 11.35 on Tuesday. The company’s 50-day moving average price is $12.41 and its 200-day moving average price is $13.34. VASCO Data Security International, Inc. has a 12 month low of $11.05 and a 12 month high of $19.09. The firm has a market cap of $451.70 million, a P/E ratio of 73.23 and a beta of 1.40.

VASCO Data Security International (NASDAQ:VDSI) last issued its earnings results on Thursday, July 27th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $45.70 million for the quarter, compared to analysts’ expectations of $42.87 million. During the same quarter in the previous year, the firm posted $0.15 EPS. The business’s revenue for the quarter was down 15.8% compared to the same quarter last year. On average, analysts predict that VASCO Data Security International, Inc. will post $0.07 EPS for the current year.

In other VASCO Data Security International news, CEO T Kendall Hunt sold 5,500 shares of the business’s stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $14.41, for a total transaction of $79,255.00. Following the sale, the chief executive officer now owns 7,613,776 shares of the company’s stock, valued at approximately $109,714,512.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 234,930 shares of company stock worth $3,020,501 in the last three months. Insiders own 25.88% of the company’s stock.

About VASCO Data Security International

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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