Digimarc Co. (NASDAQ:DMRC) Stock Holdings Increased by Private Advisor Group LLC

Private Advisor Group LLC raised its stake in Digimarc Co. (NASDAQ:DMRC) by 1.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 328,149 shares of the information technology services provider’s stock after purchasing an additional 5,618 shares during the quarter. Private Advisor Group LLC’s holdings in Digimarc were worth $11,853,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in DMRC. Bryant Woods Investment Advisors LLC raised its holdings in shares of Digimarc by 0.6% during the fourth quarter. Bryant Woods Investment Advisors LLC now owns 70,548 shares of the information technology services provider’s stock worth $2,548,000 after acquiring an additional 391 shares in the last quarter. Janney Montgomery Scott LLC raised its position in Digimarc by 1.2% during the third quarter. Janney Montgomery Scott LLC now owns 61,495 shares of the information technology services provider’s stock valued at $1,998,000 after acquiring an additional 700 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Digimarc by 0.4% in the third quarter. Bank of New York Mellon Corp now owns 234,606 shares of the information technology services provider’s stock valued at $7,622,000 after acquiring an additional 901 shares during the last quarter. Barclays PLC grew its position in Digimarc by 79.0% in the third quarter. Barclays PLC now owns 5,070 shares of the information technology services provider’s stock worth $165,000 after acquiring an additional 2,238 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in Digimarc in the fourth quarter worth approximately $133,000. Institutional investors and hedge funds own 66.85% of the company’s stock.

Digimarc Trading Down 0.2 %

Shares of NASDAQ:DMRC traded down $0.04 during trading on Tuesday, reaching $22.95. The stock had a trading volume of 107,377 shares, compared to its average volume of 132,943. The stock has a fifty day simple moving average of $26.77 and a two-hundred day simple moving average of $31.67. Digimarc Co. has a 52 week low of $19.20 and a 52 week high of $43.43.

Digimarc (NASDAQ:DMRC) last issued its quarterly earnings results on Wednesday, February 28th. The information technology services provider reported ($0.41) earnings per share (EPS) for the quarter. Digimarc had a negative net margin of 114.38% and a negative return on equity of 48.42%. The business had revenue of $9.28 million during the quarter.

Analyst Upgrades and Downgrades

DMRC has been the subject of several analyst reports. Craig Hallum reduced their price objective on shares of Digimarc from $35.00 to $28.00 and set a “hold” rating for the company in a research note on Friday. Needham & Company LLC reaffirmed a “hold” rating on shares of Digimarc in a research report on Monday.

Insider Activity

In related news, Director Milena Alberti-Perez sold 4,900 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $30.84, for a total transaction of $151,116.00. Following the transaction, the director now owns 14,487 shares of the company’s stock, valued at $446,779.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Digimarc news, EVP Tony Rodriguez sold 2,000 shares of the firm’s stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $26.91, for a total transaction of $53,820.00. Following the completion of the transaction, the executive vice president now owns 41,259 shares in the company, valued at $1,110,279.69. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Milena Alberti-Perez sold 4,900 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $30.84, for a total value of $151,116.00. Following the completion of the sale, the director now owns 14,487 shares in the company, valued at $446,779.08. The disclosure for this sale can be found here. 19.30% of the stock is owned by company insiders.

About Digimarc

Digimarc Corporation, together with its subsidiaries, provides automatic identification solutions to commercial and government customers in the United States and internationally. The company offers Digimarc Validate protects, a cloud-based record of product authentication information; Digimarc Engage, an interactive communications channel connecting brands and consumers; and Digimarc Recycle.