Elk Creek Partners LLC reduced its position in VASCO Data Security International, Inc. (NASDAQ:VDSI) by 9.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,276,369 shares of the technology company’s stock after selling 130,425 shares during the quarter. VASCO Data Security International makes up about 1.2% of Elk Creek Partners LLC’s investment portfolio, making the stock its 26th largest holding. Elk Creek Partners LLC owned approximately 3.21% of VASCO Data Security International worth $18,316,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Municipal Employees Retirement System of Michigan lifted its holdings in shares of VASCO Data Security International by 6.1% in the second 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 in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in shares of VASCO Data Security International by 56.6% in the second 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of VASCO Data Security International in the first quarter worth $136,000. OppenheimerFunds Inc. purchased a new position in shares of VASCO Data Security International in the first quarter worth $158,000. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new position in shares of VASCO Data Security International in the second quarter worth $160,000. Institutional investors and hedge funds own 51.61% of the company’s stock.

A number of research firms recently issued reports on VDSI. Zacks Investment Research raised shares of VASCO Data Security International from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a research note on Saturday, August 26th. ValuEngine raised shares of VASCO Data Security International from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Imperial Capital began coverage on shares of VASCO Data Security International in a research note on Monday, June 26th. They set an “outperform” rating and a $16.00 price target on the stock. Finally, BidaskClub downgraded shares of VASCO Data Security International from a “hold” rating to a “sell” rating in a research note 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 currently has an average rating of “Hold” and an average price target of $16.00.

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In other VASCO Data Security International news, CEO T Kendall Hunt sold 2,776 shares of VASCO Data Security International stock in a transaction dated Tuesday, June 27th. The stock was sold at an average price of $14.32, for a total value of $39,752.32. Following the completion of the transaction, the chief executive officer now directly owns 7,613,776 shares of the company’s stock, valued at approximately $109,029,272.32. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders sold 212,741 shares of company stock worth $2,816,380. 25.88% of the stock is owned by insiders.

VASCO Data Security International, Inc. (NASDAQ VDSI) traded down 8.68% on Friday, hitting $11.05. 2,378,256 shares of the stock were exchanged. The stock’s 50 day moving average price is $12.53 and its 200 day moving average price is $13.36. VASCO Data Security International, Inc. has a 52-week low of $11.05 and a 52-week high of $19.09. The firm has a market cap of $439.76 million, a PE ratio of 71.29 and a beta of 1.40.

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 (EPS) for the quarter, beating the 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%. VASCO Data Security International’s revenue was down 15.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.15 EPS. Equities research analysts forecast that VASCO Data Security International, Inc. will post $0.07 earnings per share for the current year.

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.

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

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