Archon Capital Management LLC Has $7.74 Million Stake in VASCO Data Security International, Inc. (NASDAQ:VDSI)

Archon Capital Management LLC raised its holdings in VASCO Data Security International, Inc. (NASDAQ:VDSI) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 556,772 shares of the technology company’s stock after buying an additional 23,112 shares during the period. VASCO Data Security International accounts for about 3.9% of Archon Capital Management LLC’s portfolio, making the stock its 7th largest holding. Archon Capital Management LLC owned about 1.39% of VASCO Data Security International worth $7,739,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of VDSI. Schwab Charles Investment Management Inc. boosted its holdings in shares of VASCO Data Security International by 12.1% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 125,281 shares of the technology company’s stock worth $1,798,000 after buying an additional 13,546 shares during the period. Boston Partners bought a new stake in VASCO Data Security International in the 4th quarter valued at about $6,922,000. Elk Creek Partners LLC boosted its holdings in VASCO Data Security International by 3.5% in the 3rd quarter. Elk Creek Partners LLC now owns 1,320,536 shares of the technology company’s stock valued at $15,912,000 after purchasing an additional 44,167 shares during the period. Vanguard Group Inc. boosted its holdings in VASCO Data Security International by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 1,666,236 shares of the technology company’s stock valued at $23,912,000 after purchasing an additional 72,648 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in VASCO Data Security International by 21.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 200,000 shares of the technology company’s stock valued at $2,410,000 after purchasing an additional 35,000 shares during the period. Hedge funds and other institutional investors own 53.42% of the company’s stock.

VDSI has been the subject of a number of recent analyst reports. TheStreet downgraded shares of VASCO Data Security International from a “c” rating to a “d+” rating in a report on Thursday, February 22nd. Zacks Investment Research cut shares of VASCO Data Security International from a “buy” rating to a “hold” rating in a research report on Saturday, January 6th. Finally, ValuEngine cut shares of VASCO Data Security International from a “hold” rating to a “sell” rating in a research report on Wednesday, March 7th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $16.33.

VASCO Data Security International, Inc. (VDSI) remained flat at $$13.65 during trading on Wednesday. 159,613 shares of the company’s stock traded hands, compared to its average volume of 203,917. VASCO Data Security International, Inc. has a 1-year low of $11.05 and a 1-year high of $15.00. The stock has a market capitalization of $548.32, a P/E ratio of 97.50, a price-to-earnings-growth ratio of 3.02 and a beta of 1.41.

VASCO Data Security International (NASDAQ:VDSI) last announced its earnings results on Wednesday, February 21st. The technology company reported $0.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.04. VASCO Data Security International had a negative net margin of 11.59% and a positive return on equity of 6.12%. The company had revenue of $54.51 million during the quarter, compared to the consensus estimate of $50.27 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. research analysts expect that VASCO Data Security International, Inc. will post 0.45 EPS for the current year.

In related news, Director T Kendall Hunt sold 36,917 shares of the firm’s stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $14.37, for a total transaction of $530,497.29. Following the completion of the sale, the director now owns 6,999,620 shares in the company, valued at $100,584,539.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 166,957 shares of company stock valued at $2,351,069 in the last 90 days. 25.44% of the stock is currently owned by corporate insiders.

TRADEMARK VIOLATION NOTICE: “Archon Capital Management LLC Has $7.74 Million Stake in VASCO Data Security International, Inc. (NASDAQ:VDSI)” was originally reported by BBNS and is the property of of BBNS. If you are viewing this report on another website, it was copied illegally and republished in violation of international trademark and copyright laws. The legal version of this report can be read at https://baseballnewssource.com/2018/03/14/vasco-data-security-international-inc-vdsi-position-increased-by-archon-capital-management-llc/1890525.html.

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)

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

 




Latest News

Ji-Man Choi Receives Another Chance in Milwaukee
Ji-Man Choi Receives Another Chance in Milwaukee
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Strikeouts Once Again Plaguing Cubs
Strikeouts Once Again Plaguing Cubs
Atlanta Braves: A Mix of Young and Old
Atlanta Braves: A Mix of Young and Old
Major League Baseball is Back and Astros Favored to Repeat
Major League Baseball is Back and Astros Favored to Repeat
Jim Kaat: Baseball Would Be Helped by Shortening Game to Seven Innings
Jim Kaat: Baseball Would Be Helped by Shortening Game to Seven Innings


Leave a Reply

 
© 2006-2018 BBNS.