Canada Pension Plan Investment Board Purchases New Stake in VASCO Data Security International, Inc. (VDSI)

Canada Pension Plan Investment Board bought a new position in shares of VASCO Data Security International, Inc. (NASDAQ:VDSI) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,200 shares of the technology company’s stock, valued at approximately $412,000. Canada Pension Plan Investment Board owned 0.09% of VASCO Data Security International as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. ETF Managers Group LLC acquired a new position in shares of VASCO Data Security International during the second quarter worth $25,306,000. Archon Capital Management LLC acquired a new position in shares of VASCO Data Security International during the second quarter worth $3,657,000. Dimensional Fund Advisors LP increased its position in shares of VASCO Data Security International by 39.3% during the second quarter. Dimensional Fund Advisors LP now owns 760,604 shares of the technology company’s stock worth $10,914,000 after purchasing an additional 214,760 shares in the last quarter. Salem Investment Counselors Inc. acquired a new position in shares of VASCO Data Security International during the second quarter worth $1,128,000. Finally, Vanguard Group Inc. increased its position in shares of VASCO Data Security International by 4.6% during the second quarter. Vanguard Group Inc. now owns 1,666,236 shares of the technology company’s stock worth $23,912,000 after purchasing an additional 72,648 shares in the last quarter. Institutional investors own 52.27% of the company’s stock.

A number of brokerages have recently issued reports on VDSI. Zacks Investment Research raised 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 report on Saturday, August 26th. BidaskClub downgraded VASCO Data Security International from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Finally, ValuEngine raised VASCO Data Security International from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $16.33.

VASCO Data Security International, Inc. (NASDAQ VDSI) traded down $0.20 during midday trading on Thursday, hitting $13.50. The company had a trading volume of 295,316 shares, compared to its average volume of 202,675. VASCO Data Security International, Inc. has a 52-week low of $11.05 and a 52-week high of $15.95. The firm has a market cap of $524.22, a P/E ratio of 31.07, a price-to-earnings-growth ratio of 3.39 and a beta of 1.26.

VASCO Data Security International (NASDAQ:VDSI) last released its earnings results on Thursday, October 26th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.05. The firm had revenue of $51.10 million for the quarter, compared to the consensus estimate of $48.17 million. VASCO Data Security International had a return on equity of 6.25% and a net margin of 4.53%. The firm’s revenue was up 17.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.09 EPS. equities research analysts anticipate that VASCO Data Security International, Inc. will post 0.39 EPS for the current year.

In other VASCO Data Security International news, Director T Kendall Hunt sold 17,340 shares of the stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $11.93, for a total transaction of $206,866.20. Following the sale, the director now directly owns 7,432,184 shares of the company’s stock, valued at approximately $88,665,955.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 242,150 shares of company stock worth $3,003,247 over the last ninety days. 25.44% of the stock is owned by insiders.

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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.

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

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