Orca Investment Management buys $5,127,358 stake in VASCO Data Security International (VDSI)

VASCO Data Security International (VDSI) : Orca Investment Management scooped up 113,626 additional shares in VASCO Data Security International during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 295,866 shares of VASCO Data Security International which is valued at $5,127,358.VASCO Data Security International makes up approximately 5.67% of Orca Investment Management’s portfolio.

VASCO Data Security International opened for trading at $17.4 and hit $18.6 on the upside on Monday, eventually ending the session at $18.4, with a gain of 6.17% or 1.07 points. The heightened volatility saw the trading volume jump to 8,14,707 shares. Company has a market cap of $738 M.

Other Hedge Funds, Including , Louisiana State Employees Retirement System boosted its stake in VDSI in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 13,300 shares of VASCO Data Security International which is valued at $230,489. VASCO Data Security International makes up approx 0.01% of Louisiana State Employees Retirement System’s portfolio.Lebenthal Holdingsllc reduced its stake in VDSI by selling 3,360 shares or 7.11% in the most recent quarter. The Hedge Fund company now holds 43,885 shares of VDSI which is valued at $755,700. VASCO Data Security International makes up approx 0.13% of Lebenthal Holdingsllc’s portfolio. Quotient Investors sold out all of its stake in VDSI during the most recent quarter. The investment firm sold 11,300 shares of VDSI which is valued $192,665.Capital Impact Advisors boosted its stake in VDSI in the latest quarter, The investment management firm added 19,600 additional shares and now holds a total of 53,723 shares of VASCO Data Security International which is valued at $915,977. VASCO Data Security International makes up approx 0.43% of Capital Impact Advisors’s portfolio. Central Trust Co sold out all of its stake in VDSI during the most recent quarter. The investment firm sold 2,170 shares of VDSI which is valued $36,999.

On the company’s financial health, VASCO Data Security International reported $0.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.12. The company had revenue of $46.80 million for the quarter, compared to analysts expectations of $43.00 million. The company’s revenue was down -28.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.39 EPS.

Many Wall Street Analysts have commented on VASCO Data Security International. Shares were Reiterated by Dougherty & Company on Feb 17, 2016 to “Buy” and Lowered the Price Target to $ 21 from a previous price target of $30 .

VASCO Data Security International Inc. (VASCO) is an IT security company. The Company through its operating subsidiaries designs develops and markets security solutions that secure and manage access to digital assets and protect transactions. Its products enable secure financial transactions over private enterprise networks and public networks such as the Internet. The Company’s user authentication is delivered through its hardware and software DIGIPASS security products (DIGIPASSES) many of which incorporate an electronic and digital signature capability which further protects the integrity of electronic transactions and data transmissions. VASCO’s primary product and service lines include three categories of solutions: Host System products which is typically a component of an organization’s IT infrastructure; Client Authenticators which are devices used by end users for authentication and Developer Tools which are used by application developers.

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