AHL Partners LLP Boosts Stake in VASCO Data Security International, Inc. (NASDAQ:VDSI)

AHL Partners LLP grew its stake in shares of VASCO Data Security International, Inc. (NASDAQ:VDSI) by 75.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 57,955 shares of the technology company’s stock after purchasing an additional 24,913 shares during the quarter. AHL Partners LLP owned about 0.15% of VASCO Data Security International worth $832,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VDSI. Vanguard Group Inc. boosted its stake in VASCO Data Security International by 4.6% in the 2nd 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 during the period. Dimensional Fund Advisors LP lifted its position in shares of VASCO Data Security International by 39.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 760,604 shares of the technology company’s stock valued at $10,914,000 after acquiring an additional 214,760 shares during the period. Bank of New York Mellon Corp lifted its position in shares of VASCO Data Security International by 1.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 526,933 shares of the technology company’s stock valued at $7,561,000 after acquiring an additional 5,140 shares during the period. Ameriprise Financial Inc. lifted its position in shares of VASCO Data Security International by 5.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 280,096 shares of the technology company’s stock valued at $4,020,000 after acquiring an additional 15,140 shares during the period. Finally, Archon Capital Management LLC bought a new stake in shares of VASCO Data Security International during the 2nd quarter valued at $3,657,000. 51.70% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have recently weighed in on VDSI. Zacks Investment Research upgraded VASCO Data Security International from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research report on Thursday, October 5th. BidaskClub cut VASCO Data Security International from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Finally, ValuEngine raised VASCO Data Security International from a “sell” rating to a “hold” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $16.00.

Shares of VASCO Data Security International, Inc. (VDSI) opened at 13.31 on Friday. The stock has a 50 day moving average price of $12.05 and a 200 day moving average price of $13.16. The firm has a market cap of $529.70 million, a PE ratio of 85.87 and a beta of 1.40. VASCO Data Security International, Inc. has a 52 week low of $11.05 and a 52 week high of $15.95.

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, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.05. The company had revenue of $51.10 million during the quarter, compared to the consensus estimate of $48.17 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 up 17.2% compared to the same quarter last year. During the same period last year, the firm earned $0.09 earnings per share. Equities analysts expect that VASCO Data Security International, Inc. will post $0.07 earnings per share for the current year.

In other VASCO Data Security International news, Director T Kendall Hunt sold 12,300 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $13.00, for a total value of $159,900.00. Following the completion of the sale, the director now directly owns 7,525,769 shares in the company, valued at $97,834,997. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last 90 days, insiders sold 254,550 shares of company stock valued at $3,104,011. 25.44% of the stock is owned by insiders.

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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.

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

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