ETF Managers Group LLC purchased a new stake in VASCO Data Security International, Inc. (NASDAQ:VDSI) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,763,470 shares of the technology company’s stock, valued at approximately $25,306,000. VASCO Data Security International makes up about 2.1% of ETF Managers Group LLC’s investment portfolio, making the stock its 18th largest holding. ETF Managers Group LLC owned 4.43% of VASCO Data Security International as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in VASCO Data Security International by 4.6% in the second quarter. Vanguard Group Inc. now owns 1,666,236 shares of the technology company’s stock valued at $23,912,000 after purchasing an additional 72,648 shares in the last quarter. Neuberger Berman Group LLC bought a new stake in shares of VASCO Data Security International during the first quarter worth about $12,265,000. Dimensional Fund Advisors LP increased its position in shares of VASCO Data Security International by 39.3% during the second quarter. Dimensional Fund Advisors LP now owns 760,604 shares of the technology company’s stock worth $10,914,000 after acquiring an additional 214,760 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of VASCO Data Security International by 1.0% during the second quarter. Bank of New York Mellon Corp now owns 526,933 shares of the technology company’s stock worth $7,561,000 after acquiring an additional 5,140 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of VASCO Data Security International by 5.7% during the second quarter. Ameriprise Financial Inc. now owns 280,096 shares of the technology company’s stock worth $4,020,000 after acquiring an additional 15,140 shares in the last quarter. 51.61% of the stock is owned by hedge funds and other institutional investors.

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In other VASCO Data Security International news, CEO T Kendall Hunt sold 21,247 shares of the firm’s stock in a transaction dated Monday, July 24th. The shares were sold at an average price of $14.00, for a total transaction of $297,458.00. Following the completion of the sale, the chief executive officer now directly owns 7,537,461 shares in the company, valued at approximately $105,524,454. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 247,350 shares of company stock valued at $3,130,839. 25.44% of the stock is owned by company insiders.

VDSI has been the subject of several recent research reports. ValuEngine raised shares of VASCO Data Security International from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Imperial Capital initiated coverage on shares of VASCO Data Security International in a research report on Monday, June 26th. They set an “outperform” rating and a $16.00 target price for the company. 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, Zacks Investment Research downgraded shares of VASCO Data Security International from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $16.00.

VASCO Data Security International, Inc. (NASDAQ VDSI) traded up 0.41% on Thursday, reaching $12.35. 43,231 shares of the company traded hands. The company has a market capitalization of $491.49 million, a PE ratio of 79.68 and a beta of 1.40. The stock’s 50 day moving average price is $12.02 and its 200 day moving average price is $13.23. VASCO Data Security International, Inc. has a one year low of $11.05 and a one year high of $18.53.

VASCO Data Security International (NASDAQ:VDSI) last released its quarterly earnings data on Thursday, July 27th. The technology company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.05. The business had revenue of $45.70 million during the quarter, compared to analyst estimates of $42.87 million. VASCO Data Security International had a net margin of 3.45% and a return on equity of 6.06%. VASCO Data Security International’s revenue was down 15.8% compared to the same quarter last year. During the same period last year, the business earned $0.15 EPS. On average, equities research analysts predict that VASCO Data Security International, Inc. will post $0.07 EPS for the current fiscal year.

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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