Alliancebernstein L.P. reduced its position in VASCO Data Security International, Inc. (NASDAQ:VDSI) by 14.3% during the first quarter, Holdings Channel reports. The institutional investor owned 25,152 shares of the technology company’s stock after selling 4,200 shares during the period. Alliancebernstein L.P.’s holdings in VASCO Data Security International were worth $340,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VDSI. US Bancorp DE increased its stake in VASCO Data Security International by 125.5% in the first quarter. US Bancorp DE now owns 14,846 shares of the technology company’s stock worth $201,000 after buying an additional 8,261 shares in the last quarter. Investment Management of Virginia LLC increased its stake in VASCO Data Security International by 24.1% in the first quarter. Investment Management of Virginia LLC now owns 188,459 shares of the technology company’s stock worth $2,544,000 after buying an additional 36,556 shares in the last quarter. First Trust Advisors LP increased its stake in VASCO Data Security International by 159.3% in the first quarter. First Trust Advisors LP now owns 222,036 shares of the technology company’s stock worth $2,997,000 after buying an additional 136,409 shares in the last quarter. Value Holdings Management CO. LLC increased its stake in VASCO Data Security International by 264.1% in the first quarter. Value Holdings Management CO. LLC now owns 61,900 shares of the technology company’s stock worth $4,441,000 after buying an additional 44,900 shares in the last quarter. Finally, Stoneridge Investment Partners LLC increased its stake in VASCO Data Security International by 12.4% in the first quarter. Stoneridge Investment Partners LLC now owns 108,836 shares of the technology company’s stock worth $1,469,000 after buying an additional 12,012 shares in the last quarter. 51.65% of the stock is currently owned by hedge funds and other institutional investors.

Shares of VASCO Data Security International, Inc. (NASDAQ VDSI) traded down 1.98% during trading on Friday, reaching $12.40. 161,199 shares of the company were exchanged. The firm has a market capitalization of $493.48 million, a P/E ratio of 80.00 and a beta of 1.38. The firm’s 50 day moving average is $13.81 and its 200 day moving average is $13.77. VASCO Data Security International, Inc. has a 1-year low of $12.05 and a 1-year high of $19.30.

VASCO Data Security International (NASDAQ:VDSI) last announced its quarterly earnings results on Thursday, July 27th. The technology company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.01 by $0.05. The firm had revenue of $45.70 million for the quarter, compared to analyst estimates of $42.87 million. VASCO Data Security International had a return on equity of 6.06% and a net margin of 3.45%. The business’s revenue for the quarter was down 15.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.15 earnings per share. On average, equities analysts anticipate that VASCO Data Security International, Inc. will post $0.08 EPS for the current fiscal year.

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A number of analysts have recently weighed in on the stock. ValuEngine raised shares of VASCO Data Security International from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Zacks Investment Research downgraded shares of VASCO Data Security International from a “buy” rating to a “hold” rating in a research report on Thursday, June 29th. Imperial Capital assumed 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 target price on the stock. BidaskClub downgraded shares of VASCO Data Security International from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $18.00 target price on shares of VASCO Data Security International in a research report on Monday, April 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $16.33.

In other VASCO Data Security International news, CEO T Kendall Hunt sold 46,255 shares of VASCO Data Security International stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $14.67, for a total value of $678,560.85. Following the transaction, the chief executive officer now owns 7,714,601 shares in the company, valued at $113,173,196.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders have sold 249,502 shares of company stock worth $3,475,559. 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.

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

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