Disciplined Growth Investors Inc. MN trimmed its position in VASCO Data Security International, Inc. (NASDAQ:VDSI) by 5.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 358,864 shares of the technology company’s stock after selling 22,625 shares during the period. Disciplined Growth Investors Inc. MN owned approximately 0.89% of VASCO Data Security International worth $4,324,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. ETF Managers Group LLC bought a new stake in VASCO Data Security International in the 2nd quarter valued at about $25,306,000. Vanguard Group Inc. increased its holdings in VASCO Data Security International by 4.6% during the 2nd quarter. Vanguard Group Inc. now owns 1,666,236 shares of the technology company’s stock worth $23,912,000 after purchasing an additional 72,648 shares in the last quarter. Elk Creek Partners LLC increased its holdings in VASCO Data Security International by 3.5% during the 3rd quarter. Elk Creek Partners LLC now owns 1,320,536 shares of the technology company’s stock worth $15,912,000 after purchasing an additional 44,167 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in VASCO Data Security International by 32.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,007,189 shares of the technology company’s stock worth $12,136,000 after purchasing an additional 246,585 shares in the last quarter. Finally, State Street Corp increased its holdings in VASCO Data Security International by 0.8% during the 2nd quarter. State Street Corp now owns 714,963 shares of the technology company’s stock worth $10,259,000 after purchasing an additional 6,017 shares in the last quarter. 52.27% of the stock is owned by institutional investors and hedge funds.

In other news, Director T Kendall Hunt sold 11,560 shares of the business’s stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $11.30, for a total value of $130,628.00. Following the transaction, the director now owns 7,394,539 shares in the company, valued at approximately $83,558,290.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 242,150 shares of company stock worth $3,003,247 in the last 90 days. Company insiders own 25.44% of the company’s stock.

A number of analysts have commented on the company. Zacks Investment Research raised VASCO Data Security International from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a report on Thursday, October 5th. BidaskClub lowered VASCO Data Security International from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Finally, ValuEngine raised VASCO Data Security International from a “sell” rating to a “hold” rating in a report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $16.33.

Shares of VASCO Data Security International, Inc. (NASDAQ:VDSI) opened at $14.00 on Tuesday. The company has a market capitalization of $561.35, a P/E ratio of 33.10, a price-to-earnings-growth ratio of 3.61 and a beta of 1.25. VASCO Data Security International, Inc. has a twelve month low of $11.05 and a twelve month high of $15.77.

VASCO Data Security International (NASDAQ:VDSI) last announced its earnings results on Thursday, October 26th. The technology company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.05. VASCO Data Security International had a return on equity of 6.25% and a net margin of 4.53%. The firm had revenue of $51.10 million for the quarter, compared to the consensus estimate of $48.17 million. During the same quarter in the previous year, the business earned $0.09 EPS. The company’s revenue was up 17.2% compared to the same quarter last year. equities analysts anticipate that VASCO Data Security International, Inc. will post 0.39 EPS for the current year.

WARNING: “VASCO Data Security International, Inc. (VDSI) Shares Sold by Disciplined Growth Investors Inc. MN” was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of U.S. & international copyright laws. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/vasco-data-security-international-inc-vdsi-shares-sold-by-disciplined-growth-investors-inc-mn/1758854.html.

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)

Receive News & Ratings for VASCO Data Security International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VASCO Data Security International Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.