Stock Traders Buy Large Volume of VASCO Data Security International Call Options (VDSI)

VASCO Data Security International, Inc. (NASDAQ:VDSI) was the target of some unusual options trading activity on Tuesday. Stock traders bought 1,215 call options on the stock. This is an increase of 1,798% compared to the average volume of 64 call options.

Shares of VASCO Data Security International (VDSI) opened at $14.10 on Friday. VASCO Data Security International has a twelve month low of $11.05 and a twelve month high of $15.77. The stock has a market cap of $564.39, a price-to-earnings ratio of 67.14, a P/E/G ratio of 3.64 and a beta of 1.25.

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

In other news, Director T Kendall Hunt sold 39,608 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $14.08, for a total value of $557,680.64. Following the sale, the director now directly owns 7,193,618 shares of the company’s stock, valued at approximately $101,286,141.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 226,450 shares of company stock worth $2,991,566 over the last ninety days. Insiders own 25.44% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Municipal Employees Retirement System of Michigan lifted its holdings in VASCO Data Security International by 6.1% during the second quarter. Municipal Employees Retirement System of Michigan now owns 7,110 shares of the technology company’s stock valued at $102,000 after purchasing an additional 410 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in VASCO Data Security International by 56.6% during the second quarter. BNP Paribas Arbitrage SA now owns 9,127 shares of the technology company’s stock valued at $131,000 after purchasing an additional 3,297 shares in the last quarter. Highbridge Capital Management LLC purchased a new position in VASCO Data Security International during the third quarter valued at $144,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in VASCO Data Security International by 14.6% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 10,459 shares of the technology company’s stock valued at $146,000 after purchasing an additional 1,332 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new position in VASCO Data Security International during the second quarter valued at $160,000. 52.06% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages recently issued reports on VDSI. Zacks Investment Research raised shares of VASCO Data Security International from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Thursday, November 2nd. ValuEngine raised shares of VASCO Data Security International from a “sell” rating to a “hold” rating in a report on Friday, September 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $16.33.

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About VASCO Data Security International

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.

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