Tag Archives: vdsi

2 Cybersecurity Stocks Stay Hot As Vasco Goes Cold

The security-software industry group is one of the top groups that IBD tracks, ranked No. 4 out of 197 total industry groups, as high-profile data breaches become more prevalent. But on Tuesday evening Vasco Data Security (VDSI) plunged 11% late, after announcing that a European subsidiary sold products to a third-party distributor that may have resold those products to the Iranian government — bringing even more attention to an industry on which

Meet 2 IBD 50 Cybersecurity Stocks In Hot ‘Hack’ ETF

The PureFunds ISE Cyber Security (HACK) exchange traded fund reached a milestone Friday: it now has more than $1 billion in assets under management, signaling heightened interest in the security software industry group. Two IBD 50 cybersecurity stocks, CyberArk Software (CYBR) and Vasco Data Security (VDSI), are members of the HACK ETF, which tracks the performance of the ISE Cyber Security Index. CyberArk, with a highest-possible IBD Composite

Vasco Q1 Beats, Boosts 2015 Guidance As Banks Invest

Vasco Data Security International (VDSI) stock jumped after the company posted Q1 earnings early Tuesday that beat Wall Street views, and it boosted guidance for the year, citing demand for its authentication and anti-fraud products. The Illinois-based company, which provides authentication and e-signature products and services specializing in online accounts, identities and transactions, reported earnings per share excluding items of 34 cents, up