ValuEngine lowered shares of VASCO Data Security International (NASDAQ:VDSI) from a hold rating to a sell rating in a report published on Wednesday morning.
VDSI has been the topic of a number of other reports. TheStreet downgraded VASCO Data Security International from a c rating to a d+ rating in a research note on Thursday, February 22nd. Zacks Investment Research downgraded VASCO Data Security International from a buy rating to a hold rating in a research note on Saturday, January 6th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. VASCO Data Security International currently has an average rating of Hold and a consensus target price of $16.33.
Shares of VASCO Data Security International (VDSI) opened at $13.15 on Wednesday. The company has a quick ratio of 3.26, a current ratio of 3.45 and a debt-to-equity ratio of 0.05. VASCO Data Security International has a 12 month low of $11.05 and a 12 month high of $15.00. The firm has a market capitalization of $522.09, a P/E ratio of 32.50, a P/E/G ratio of 2.83 and a beta of 1.41.
In related news, Director T Kendall Hunt sold 31,392 shares of VASCO Data Security International stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $14.23, for a total value of $446,708.16. Following the sale, the director now directly owns 7,069,183 shares in the company, valued at $100,594,474.09. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last 90 days, insiders sold 206,565 shares of company stock worth $2,908,750. Company insiders own 25.44% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of VDSI. Municipal Employees Retirement System of Michigan boosted its position 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 worth $136,000 after purchasing an additional 4,200 shares in the last quarter. Highbridge Capital Management LLC purchased a new stake in VASCO Data Security International during the third quarter worth $144,000. Teacher Retirement System of Texas purchased a new stake in VASCO Data Security International during the fourth quarter worth $145,000. BNP Paribas Arbitrage SA boosted its position 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 worth $186,000 after purchasing an additional 6,313 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in VASCO Data Security International during the fourth quarter worth $196,000. Institutional investors own 53.42% of the company’s stock.
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.
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