VASCO Data Security International, Inc. (VDSI) Holdings Trimmed by Neuberger Berman Group LLC

Neuberger Berman Group LLC lessened its position in VASCO Data Security International, Inc. (NASDAQ:VDSI) by 4.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 868,207 shares of the technology company’s stock after selling 40,315 shares during the period. Neuberger Berman Group LLC owned about 2.18% of VASCO Data Security International worth $12,459,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Municipal Employees Retirement System of Michigan grew its position in shares of VASCO Data Security International by 6.1% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,110 shares of the technology company’s stock valued at $102,000 after acquiring an additional 410 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in shares of VASCO Data Security International by 56.6% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,127 shares of the technology company’s stock worth $131,000 after buying an additional 3,297 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of VASCO Data Security International during the 1st quarter worth about $136,000. Tiedemann Wealth Management LLC boosted its holdings in shares of VASCO Data Security International by 6.5% during the 1st quarter. Tiedemann Wealth Management LLC now owns 10,725 shares of the technology company’s stock worth $145,000 after buying an additional 650 shares during the period. Finally, OppenheimerFunds Inc. bought a new stake in shares of VASCO Data Security International during the 1st quarter worth about $158,000. 51.61% of the stock is owned by institutional investors.

In related news, CEO T Kendall Hunt sold 2,776 shares of the firm’s stock in a transaction dated Tuesday, June 27th. The stock was sold at an average price of $14.32, for a total transaction of $39,752.32. Following the sale, the chief executive officer now owns 7,613,776 shares of the company’s stock, valued at $109,029,272.32. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last ninety days, insiders have sold 212,741 shares of company stock worth $2,816,380. 25.88% of the stock is owned by corporate insiders.

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Shares of VASCO Data Security International, Inc. (VDSI) opened at 11.05 on Friday. VASCO Data Security International, Inc. has a 12-month low of $11.05 and a 12-month high of $19.09. The company has a market capitalization of $439.76 million, a price-to-earnings ratio of 71.29 and a beta of 1.40. The firm’s 50-day moving average is $12.53 and its 200-day moving average is $13.36.

VASCO Data Security International (NASDAQ:VDSI) last issued 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. VASCO Data Security International had a return on equity of 6.06% and a net margin of 3.45%. The company had revenue of $45.70 million for the quarter, compared to the consensus estimate of $42.87 million. During the same quarter last year, the company earned $0.15 earnings per share. The firm’s revenue for the quarter was down 15.8% compared to the same quarter last year. On average, equities analysts predict that VASCO Data Security International, Inc. will post $0.07 EPS for the current year.

Several brokerages recently commented on VDSI. ValuEngine raised shares of VASCO Data Security International from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of VASCO Data Security International from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a report on Saturday, August 26th. BidaskClub cut shares of VASCO Data Security International from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Finally, Imperial Capital started coverage on shares of VASCO Data Security International in a research report on Monday, June 26th. They issued an “outperform” rating and a $16.00 target price for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. VASCO Data Security International presently has an average rating of “Hold” and a consensus target price of $16.00.

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)

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