VASCO Data Security International (VDSI) was Downgraded by Dougherty & Company to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Dougherty & Company advised their investors in a research report released on Oct 19, 2016.
Many Wall Street Analysts have commented on VASCO Data Security International. Shares were Reiterated by Dougherty & Company on Jul 29, 2016 to “Buy” and Lowered the Price Target to $ 20 from a previous price target of $22 .
On the company’s financial health, VASCO Data Security International reported $0.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.17. The company had revenue of $54.30 million for the quarter, compared to analysts expectations of $51.20 million. The company’s revenue was down -17.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.40 EPS.
VASCO Data Security International closed down -0.18 points or -1.00% at $17.85 with 1,28,386 shares getting traded on Friday. Post opening the session at $18.09, the shares hit an intraday low of $17.85 and an intraday high of $18.18 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Jun 11, 2015, John Nelson Jr Fox (director) sold 6,893 shares at $30.00 per share price. According to the SEC, on May 8, 2015, Clifford K Bown (Executive VP and CFO) sold 231,350 shares at $24.42 per share price. On May 5, 2015, Jan E C Valcke (President and COO) sold 120,000 shares at $25.96 per share price, according to the Form-4 filing with the securities and exchange commission.
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.