Prudential Financial Inc. lowered its stake in shares of VASCO Data Security International, Inc. (NASDAQ:VDSI) by 2.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,511 shares of the technology company’s stock after selling 1,396 shares during the quarter. Prudential Financial Inc. owned about 0.17% of VASCO Data Security International worth $998,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of VDSI. Teachers Advisors LLC increased its stake in shares of VASCO Data Security International by 3.6% during the 4th quarter. Teachers Advisors LLC now owns 56,283 shares of the technology company’s stock valued at $768,000 after acquiring an additional 1,970 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of VASCO Data Security International by 27.0% during the 1st quarter. Wells Fargo & Company MN now owns 59,215 shares of the technology company’s stock valued at $799,000 after acquiring an additional 12,595 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in shares of VASCO Data Security International by 9.6% during the 1st quarter. Great West Life Assurance Co. Can now owns 43,592 shares of the technology company’s stock valued at $587,000 after acquiring an additional 3,802 shares during the last quarter. First Trust Advisors LP increased its stake in shares of VASCO Data Security International by 159.3% during the 1st quarter. First Trust Advisors LP now owns 222,036 shares of the technology company’s stock valued at $2,997,000 after acquiring an additional 136,409 shares during the last quarter. Finally, US Bancorp DE increased its stake in shares of VASCO Data Security International by 125.5% during the 1st quarter. US Bancorp DE now owns 14,846 shares of the technology company’s stock valued at $201,000 after acquiring an additional 8,261 shares during the last quarter. 51.61% of the stock is owned by institutional investors.

Shares of VASCO Data Security International, Inc. (NASDAQ VDSI) opened at 12.50 on Friday. VASCO Data Security International, Inc. has a 52-week low of $11.05 and a 52-week high of $18.53. The company’s 50-day moving average is $12.02 and its 200-day moving average is $13.23. The firm has a market cap of $497.46 million, a P/E ratio of 80.65 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 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.05. VASCO Data Security International had a return on equity of 6.06% and a net margin of 3.45%. The company had revenue of $45.70 million during the quarter, compared to the consensus estimate of $42.87 million. During the same period last year, the business earned $0.15 EPS. The business’s quarterly revenue was down 15.8% on a year-over-year basis. Equities research analysts forecast that VASCO Data Security International, Inc. will post $0.07 earnings per share for the current fiscal year.

In other news, CEO T Kendall Hunt sold 7,352 shares of the firm’s stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $14.05, for a total transaction of $103,295.60. Following the completion of the sale, the chief executive officer now directly owns 7,597,068 shares of the company’s stock, valued at approximately $106,738,805.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 247,350 shares of company stock valued at $3,130,839 over the last ninety days. Company insiders own 25.44% of the company’s stock.

VDSI has been the subject of a number of research analyst 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 objective for the company in a research note on Saturday, August 26th. BidaskClub downgraded shares of VASCO Data Security International from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. ValuEngine raised shares of VASCO Data Security International from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Imperial Capital started coverage on shares of VASCO Data Security International in a research note on Monday, June 26th. They set an “outperform” rating and a $16.00 price objective for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. VASCO Data Security International has a consensus rating of “Hold” and a consensus price target of $16.00.

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VASCO Data Security International 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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