Salem Investment Counselors Inc. purchased a new position in shares of VASCO Data Security International, Inc. (NASDAQ:VDSI) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 78,600 shares of the technology company’s stock, valued at approximately $1,128,000. Salem Investment Counselors Inc. owned approximately 0.20% of VASCO Data Security International at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Municipal Employees Retirement System of Michigan lifted its holdings in shares of VASCO Data Security International by 6.1% during 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 buying an additional 410 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in shares of VASCO Data Security International by 56.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,127 shares of the technology company’s stock valued at $131,000 after buying an additional 3,297 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. bought a new stake in shares of VASCO Data Security International in the 2nd quarter valued at approximately $160,000. OppenheimerFunds Inc. bought a new stake in shares of VASCO Data Security International in the 1st quarter valued at approximately $158,000. Finally, US Bancorp DE grew its stake in shares of VASCO Data Security International by 125.5% in the 1st quarter. US Bancorp DE now owns 14,846 shares of the technology company’s stock valued at $201,000 after buying an additional 8,261 shares in the last quarter. 51.61% of the stock is owned by institutional investors.

VASCO Data Security International, Inc. (NASDAQ:VDSI) traded up 0.207% during trading on Monday, reaching $12.075. The company’s stock had a trading volume of 26,974 shares. The company has a market cap of $480.55 million, a P/E ratio of 77.903 and a beta of 1.40. VASCO Data Security International, Inc. has a 52 week low of $11.05 and a 52 week high of $19.09. 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 (NASDAQ:VDSI) last issued its quarterly earnings results on Thursday, July 27th. The technology company reported $0.06 earnings per share for the quarter, topping the 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 company had revenue of $45.70 million during the quarter, compared to analysts’ expectations 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. On average, equities analysts anticipate that VASCO Data Security International, Inc. will post $0.07 earnings per share for the current fiscal year.

In related news, Director T Kendall Hunt sold 5,751 shares of the stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $11.41, for a total transaction of $65,618.91. Following the completion of the transaction, the director now owns 7,385,869 shares in the company, valued at $84,272,765.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders sold 241,541 shares of company stock worth $3,063,861. 25.44% of the stock is currently owned by insiders.

A number of research firms recently commented on VDSI. ValuEngine upgraded VASCO Data Security International from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Zacks Investment Research cut shares of VASCO Data Security International from a “buy” rating to a “hold” rating in a research note on Thursday, June 29th. Imperial Capital started coverage on shares of VASCO Data Security International in a research note on Monday, June 26th. They issued an “outperform” rating and a $16.00 target price for the company. Finally, BidaskClub downgraded shares of VASCO Data Security International from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. One equities research 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. The company currently has a consensus rating of “Hold” and an average price target of $16.00.

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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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