VASCO Data Security International, Inc. (NASDAQ:VDSI)’s share price hit a new 52-week low during trading on Friday after an insider sold shares in the company. The company traded as low as $11.78 and last traded at $11.78, with a volume of 187,253 shares changing hands. The stock had previously closed at $12.10.

Specifically, CEO T Kendall Hunt sold 5,801 shares of the stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of $13.83, for a total transaction of $80,227.83. Following the sale, the chief executive officer now owns 7,625,188 shares in the company, valued at approximately $105,456,350.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 212,741 shares of company stock worth $2,816,380 in the last quarter. 25.88% of the stock is currently owned by company insiders.

Several analysts recently issued reports on the stock. Zacks Investment Research lowered shares of VASCO Data Security International from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. Imperial Capital began 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 on the stock. ValuEngine upgraded shares of VASCO Data Security International from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Finally, BidaskClub lowered shares of VASCO Data Security International from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $16.00.

The company has a market cap of $470.60 million, a PE ratio of 76.290 and a beta of 1.40. The firm’s 50 day moving average price is $12.62 and its 200 day moving average price is $13.38.

VASCO Data Security International (NASDAQ:VDSI) last issued its quarterly earnings results on Thursday, July 27th. The technology company reported $0.06 EPS for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.05. The firm had revenue of $45.70 million for the quarter, compared to analyst estimates of $42.87 million. VASCO Data Security International had a net margin of 3.45% and a return on equity of 6.06%. The business’s revenue for the quarter was down 15.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.15 EPS. Equities research analysts expect that VASCO Data Security International, Inc. will post $0.07 EPS for the current fiscal year.

Several large investors have recently modified their holdings of VDSI. Municipal Employees Retirement System of Michigan increased its holdings 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 worth $102,000 after buying an additional 410 shares during the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of VASCO Data Security International by 56.6% in 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 last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of VASCO Data Security International in the 1st quarter worth $136,000. Tiedemann Wealth Management LLC increased its holdings in shares of VASCO Data Security International by 6.5% in 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 last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of VASCO Data Security International by 14.6% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 10,459 shares of the technology company’s stock worth $146,000 after buying an additional 1,332 shares during the last quarter. 51.61% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by Daily Political and is the property of of Daily Political. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this piece can be viewed at https://www.dailypolitical.com/2017/09/15/vasco-data-security-international-inc-vdsi-reaches-new-12-month-low-after-insider-selling.html.

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.

Receive News & Ratings for VASCO Data Security International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VASCO Data Security International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.