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VDSI $21.8

VDSI target price
21.80
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VASCO Data Security International, Inc.
Type
Public
Traded as NASDAQ: VDSI
S&P 600 Component
Industry Software, Computer security
Founded 1991; 26 years ago (1991)
Headquarters Oakbrook Terrace, Illinois
Key people
T. Kendall Hunt, Chairman, Founder
Scott M. Clements, CEO
Revenue $192.3 million (2016)
Operating income
$9.6 million (2016)
Profit $10.5 million (2016)
Total assets $327.3 million (2016)
Number of employees
613 (2016)
Website www.vasco.com

VASCO Data Security International, Inc. is a publicly-traded cybersecurity technology company based in Oakbrook Terrace, Illinois. The company is known for its two-factor authentication and electronic signature software, which manages digital assets and online transactions for financial institutions. It was founded by T. Kendall Hunt in 1991 and held its initial public offering (IPO) in January 2000. Vasco is a member of the FIDO Alliance Board.

In 1984, T. Kendall Hunt founded VASCO Corp. as a consulting and software services company for corporate and governmental agencies. The company acquired ThumbScan Inc., which claimed to have the first fingerprint reader device for a computer, in 1991. It was renamed VASCO Data Security International, Inc. by 1993 and expanded its offerings to include data security. Vasco was incorporated in 1997 and held its initial public offering in January 2000.

Vasco started developing its Digipass technology in the early 2000s. The company marketed the technology internationally in Belgium. In 2009, Vasco announced that Digipass two-factor authentication was available in the App Store for iPhone and iPod Touch. Forbes recognized Vasco on its list of "America's Fastest-Growing Tech Companies" that year.

The company established its international headquarters at Dubai Silicon Oasis in 2012. Vasco announced that it would lower EMEA channel entry for VARs at that time. It became a member of the Fast IDentity Online (FIDO) Alliance in June 2014 and was later recognized by Gartner's Magic Quadrant for User Authentication.

In October 2015, Vasco acquired Silanis Technology, Inc., a Canadian document e-signature company, for $113 million. By early 2016, the company's cloud electronic signature software, eSignLive, was updated to include integration with Salesforce. Vasco announced a face recognition authentification feature for Digipass in May 2016. The company has partnerships with financial institutions including HSBC Bank USA, Fedict, Rabobank, Arab Bank and Riyadh Bank.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-06-23 Initiated Coverage Sidoti Buy $24.00
2016-02-17 Lower Price Target Dougherty & Co Buy $30.00 to $21.00
2015-10-12 Reiterated Rating Singular Research Buy $36.00
2015-10-06 Initiated Coverage Sidoti Buy $34.00
2015-07-29 Lower Price Target Dougherty & Co Buy $35.00 to $30.00
2015-07-29 Lower Price Target Topeka Capital Markets Buy $42.00 to $36.00
2015-06-16 Initiated Coverage Tigress Financial Buy
2015-06-04 Initiated Coverage Standpoint Research Buy $40.00
2015-02-18 Boost Price Target Dougherty & Co Buy $30.00 to $35.00
2015-02-17 Boost Price Target Topeka Capital Markets Buy $35.00 to $42.00
2014-12-15 Boost Price Target Topeka Capital Markets Buy $29.00 to $35.00
2014-09-05 Boost Price Target Topeka Capital Markets Hold $17.00 to $21.00
2014-07-24 Boost Price Target Topeka Capital Markets Buy $15.00 to $17.00
2014-04-25 Upgrade Topeka Capital Markets Hold to Buy $15.00
2014-04-24 Boost Price Target Dougherty & Co Buy $9.00 to $12.00
2012-02-17 Reiterated Wunderlich Buy $8.25 to $10.25
2012-01-10 Upgrade Wunderlich Hold to Buy $8.25
2011-10-27 Reiterated Dougherty & Company Buy $9 to $12
2011-09-07 Downgrade Wunderlich Buy to Hold
2011-04-27 Reiterated Dougherty & Company Buy $12 to $15
2010-12-17 Initiated Wunderlich Hold $7.50
2010-10-27 Reiterated Dougherty & Company Neutral $7 to $8
2010-04-27 Reiterated FBR Capital Mkt Perform $8 to $7
2010-02-19 Downgrade Dougherty & Company Buy to Neutral $8.50 to $8
2010-02-18 Reiterated FBR Capital Mkt Perform $6.50 to $8
2010-01-11 Upgrade Dougherty & Company Neutral to Buy $7 to $8.50
2016-06-23 Initiated Coverage Sidoti Buy $24.00
2016-02-17 Lower Price Target Dougherty & Co Buy $30.00 to $21.00
2015-10-12 Reiterated Rating Singular Research Buy $36.00
2015-10-06 Initiated Coverage Sidoti Buy $34.00
2015-07-29 Lower Price Target Dougherty & Co Buy $35.00 to $30.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
HUNT T KENDALL Chief Executive Officer 17.33%  (6872318) VDSI /
CULLINANE MICHAEL P 0.47%  (184954) VDSI /
VALCKE JAN E C President and COO 0.38%  (150000) VDSI /
HOLLEY JEAN K 0.27%  (108669) HTZ / VDSI /
WALTER JOHN R 0.27%  (108654) ECHO / MAN / VDSI /
BOWN CLIFFORD K Exec. VP and CFO 0.27%  (108264) VDSI /
fox John nelson JR 0.26%  (104454) CTSH / VDSI /
Clements Scott President and COO 0.24%  (95600) VDSI /
Hoyt Mark Stephen Chief Financial Officer 0.15%  (60814) VDSI /
MOOG MATTHEW 0.12%  (48260) VDSI /
Gilliland Arthur W 0.02%  (6994) VDSI /