Is VASCO Data Security (NASDAQ:VDSI) Now a Sell? Why did Sidoti Downgrade The Stock?

May 17, 2018 - By Jan Rainey

VASCO Data Security International, Inc. (NASDAQ:VDSI) Logo

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.11, from 1.16 in 2017Q3. It is negative, as 12 investors sold VASCO Data Security International, Inc. shares while 47 reduced holdings. 23 funds opened positions while 39 raised stakes. 20.10 million shares or 0.93% less from 20.29 million shares in 2017Q3 were reported.

Intll Gru Inc reported 24,056 shares. Stoneridge Invest Prtnrs Ltd stated it has 0.09% of its portfolio in VASCO Data Security International, Inc. (NASDAQ:VDSI). Thompson Davis, a Virginia-based fund reported 5,500 shares. Matarin Limited Liability Com holds 0.38% of its portfolio in VASCO Data Security International, Inc. (NASDAQ:VDSI) for 353,963 shares. Creative Planning accumulated 17,555 shares or 0% of the stock. Bnp Paribas Arbitrage Sa owns 0% invested in VASCO Data Security International, Inc. (NASDAQ:VDSI) for 14,917 shares. The New York-based Goldman Sachs Group Inc has invested 0% in VASCO Data Security International, Inc. (NASDAQ:VDSI). Principal Grp holds 0% or 225,427 shares. Blackrock Inc reported 3.90M shares. Barclays Public Lc stated it has 0% in VASCO Data Security International, Inc. (NASDAQ:VDSI). Dimensional Fund Advsrs Limited Partnership stated it has 1.21 million shares or 0.01% of all its holdings. 54,839 were reported by Legal And General Grp Public Ltd Liability Com. Schwab Charles Mngmt has invested 0% of its portfolio in VASCO Data Security International, Inc. (NASDAQ:VDSI). 50,633 were reported by Arizona State Retirement. Hollencrest Cap stated it has 0.04% in VASCO Data Security International, Inc. (NASDAQ:VDSI).

Since December 1, 2017, it had 0 insider purchases, and 16 selling transactions for $5.19 million activity.

VASCO Data Security (NASDAQ:VDSI) Receives a Downgrade

Sidoti downgraded their rating for shares of VASCO Data Security (NASDAQ:VDSI) from “Buy” to “Neutral” in an analyst note that was revealed to clients on Wednesday, 16 May.

The stock decreased 3.12% or $0.65 during the last trading session, reaching $20.15. About 479,209 shares traded or 102.84% up from the average. VASCO Data Security International, Inc. (NASDAQ:VDSI) has declined 1.15% since May 17, 2017 and is downtrending. It has underperformed by 12.70% the S&P500.

Analysts await VASCO Data Security International, Inc. (NASDAQ:VDSI) to report earnings on July, 26. They expect $0.09 EPS, up 50.00 % or $0.03 from last year’s $0.06 per share. VDSI’s profit will be $3.59 million for 55.97 P/E if the $0.09 EPS becomes a reality. After $0.12 actual EPS reported by VASCO Data Security International, Inc. for the previous quarter, Wall Street now forecasts -25.00 % negative EPS growth.

VASCO Data Security International, Inc., together with its subsidiaries, designs, develops, and markets digital solutions for identity, security, and business productivity worldwide. The company has market cap of $804.57 million. The firm offers DIGIPASS software authenticators; DIGIPASS for Apps, a software development kit; DIGIPASS for Mobile, a mobile authenticator that operates as a discrete mobile application; IDENTIKEY Risk Manager, an anti-fraud solution; and application shielding with runtime application self-protection that neutralizes the threat of attacks on mobile apps. It currently has negative earnings. It also provides eSignLive eSignature solution; and eSignLive eVault Manager, a Web platform that provides mortgage lenders, auto financers, equipment lessors, and other financial services organizations the means to store, assign, and service electronic mortgage notes, and secured loans and leases.

More notable recent VASCO Data Security International, Inc. (NASDAQ:VDSI) news were published by: Seekingalpha.com which released: “VASCO Data Security International’s (VDSI) CEO Scott Clements on Q1 2018 Results – Earnings Call Transcript” on May 09, 2018, also Benzinga.com with their article: “54 Biggest Movers From Yesterday” published on May 10, 2018, Benzinga.com published: “Imperial Downgrades VASCO Data Security As Stock Rallies Past Valuation” on May 11, 2018. More interesting news about VASCO Data Security International, Inc. (NASDAQ:VDSI) were released by: Globenewswire.com and their article: “VASCO Launches eSignLive Secure E-Signature Initiative” published on April 27, 2018 as well as Globenewswire.com‘s news article titled: “VASCO Reports Results for First Quarter 2018” with publication date: May 08, 2018.

VASCO Data Security International, Inc. (NASDAQ:VDSI) Institutional Positions Chart

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