Vasco Data Security International Inc. (NASDAQ:VDSI) shares saw strong trading volume on Monday . 214,253 shares changed hands during mid-day trading, a decline of 12% from the previous session’s volume of 242,312 shares.The stock last traded at $17.98 and had previously closed at $17.85.

A number of equities research analysts have weighed in on the stock. Zacks Investment Research raised shares of Vasco Data Security International from a “sell” rating to a “hold” rating in a report on Tuesday, April 26th. Dougherty & Co reduced their price objective on shares of Vasco Data Security International from $22.00 to $20.00 and set a “buy” rating for the company in a research note on Friday, July 29th. Finally, Sidoti assumed coverage on shares of Vasco Data Security International in a research note on Thursday, June 23rd. They set a “buy” rating and a $24.00 price objective for the company. Five investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus target price of $24.75.

The stock has a market capitalization of $717.14 million and a P/E ratio of 36.34. The company’s 50 day moving average price is $16.93 and its 200-day moving average price is $16.11.

Vasco Data Security International (NASDAQ:VDSI) last announced its earnings results on Thursday, July 28th. The company reported $0.15 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.07. The business earned $54.30 million during the quarter, compared to analyst estimates of $52.30 million. The business’s quarterly revenue was down 17.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.40 earnings per share. On average, equities research analysts predict that Vasco Data Security International Inc. will post $0.26 EPS for the current fiscal year.

Several hedge funds have made changes to their positions in the stock. Calvert Investment Management Inc. acquired a new stake in shares of Vasco Data Security International during the fourth quarter worth $1,399,000. Stephens Investment Management Group LLC raised its stake in shares of 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 during the period. Finally, Marshall Wace LLP acquired a new stake in shares of Vasco Data Security International during the fourth quarter worth $3,656,000.

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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