ValuEngine cut shares of VASCO Data Security International (NASDAQ:VDSI) from a hold rating to a sell rating in a research note released on Wednesday.
A number of other equities analysts also recently weighed in on the stock. TheStreet downgraded shares of VASCO Data Security International from a c rating to a d+ rating in a report on Thursday, February 22nd. Zacks Investment Research downgraded shares of VASCO Data Security International from a buy rating to a hold rating in a report on Saturday, January 6th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. VASCO Data Security International currently has a consensus rating of Hold and a consensus price target of $16.33.
Shares of VASCO Data Security International (VDSI) traded up $0.15 during trading hours on Wednesday, hitting $13.15. 154,239 shares of the company were exchanged, compared to its average volume of 195,349. The company has a quick ratio of 3.26, a current ratio of 3.45 and a debt-to-equity ratio of 0.05. The stock has a market cap of $528.12, a P/E ratio of 32.88, a P/E/G ratio of 2.86 and a beta of 1.41. VASCO Data Security International has a 52 week low of $11.05 and a 52 week high of $15.00.
In other VASCO Data Security International news, Director T Kendall Hunt sold 39,608 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $14.08, for a total transaction of $557,680.64. Following the sale, the director now directly owns 7,193,618 shares of the company’s stock, valued at $101,286,141.44. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders sold a total of 206,565 shares of company stock worth $2,908,750 over the last three months. 25.44% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VDSI. Municipal Employees Retirement System of Michigan lifted its holdings in VASCO Data Security International by 59.1% during the third quarter. Municipal Employees Retirement System of Michigan now owns 11,310 shares of the technology company’s stock valued at $136,000 after purchasing an additional 4,200 shares during the last quarter. Highbridge Capital Management LLC purchased a new stake in VASCO Data Security International during the third quarter valued at about $144,000. Teacher Retirement System of Texas purchased a new stake in VASCO Data Security International during the fourth quarter valued at about $145,000. BNP Paribas Arbitrage SA lifted its holdings in VASCO Data Security International by 69.2% during the third quarter. BNP Paribas Arbitrage SA now owns 15,440 shares of the technology company’s stock valued at $186,000 after purchasing an additional 6,313 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in VASCO Data Security International during the fourth quarter valued at about $196,000. 53.42% of the stock is currently owned by institutional investors and hedge funds.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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