Vasco Data Security International Inc. (NASDAQ:VDSI) was up 2.5% during trading on Monday . The company traded as high as $16.93 and last traded at $16.85, with a volume of 138,386 shares. The stock had previously closed at $16.44.

A number of equities research analysts have recently commented on VDSI shares. Zacks Investment Research cut Vasco Data Security International from a “hold” rating to a “sell” rating in a research note on Wednesday, April 20th. Sidoti started coverage on Vasco Data Security International in a research note on Thursday, June 23rd. They set a “buy” rating and a $24.00 target price on the stock. Finally, TheStreet upgraded Vasco Data Security International from a “hold” rating to a “buy” rating in a research note on Friday, April 22nd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Vasco Data Security International currently has a consensus rating of “Buy” and an average target price of $27.80.

The firm has a 50 day moving average of $16.55 and a 200 day moving average of $15.81. The stock has a market capitalization of $670.59 million and a P/E ratio of 21.78.

Vasco Data Security International (NASDAQ:VDSI) last issued its quarterly earnings results on Thursday, April 28th. The company reported $0.14 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.08. The firm earned $46.80 million during the quarter, compared to analysts’ expectations of $46.93 million. Vasco Data Security International’s revenue for the quarter was down 28.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.39 earnings per share. On average, equities research analysts forecast that Vasco Data Security International Inc. will post $0.37 earnings per share for the current year.

In related news, CEO T Kendall Hunt sold 50,000 shares of the company’s stock in a transaction on Wednesday, May 4th. The stock was sold at an average price of $17.79, for a total value of $889,500.00. Following the sale, the chief executive officer now directly owns 7,753,345 shares of the company’s stock, valued at $137,932,007.55. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Other large investors recently added to or reduced their stakes in the company. Century Capital Management LLC boosted its stake in Vasco Data Security International by 22.4% in the fourth quarter. Century Capital Management LLC now owns 1,229,862 shares of the company’s stock worth $20,576,000 after buying an additional 225,115 shares in the last quarter. Penserra Capital Management LLC bought a new stake in Vasco Data Security International during the fourth quarter worth approximately $37,811,000. Stevens Capital Management LP bought a new stake in Vasco Data Security International during the fourth quarter worth approximately $1,495,000. Marshall Wace LLP bought a new stake in Vasco Data Security International during the fourth quarter worth approximately $3,656,000. Finally, Stephens Investment Management Group LLC boosted its stake in Vasco Data Security International by 9.5% in the fourth quarter. Stephens Investment Management Group LLC now owns 715,175 shares of the company’s stock worth $11,965,000 after buying an additional 61,855 shares in the last quarter.

VASCO Data Security International, Inc (VASCO) is an information technology (IT) security company that designs, develops and markets security solutions that secure and manage access to digital assets, protect and facilitate transactions online, via mobile devices, and in-person. The Company’s primary product and service lines include Host System products, which are typically a component of an organization’s IT infrastructure and Client Authenticators, which are devices used by end users for authentication.

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