Woodson Capital Management LP lifted its holdings in shares of Digimarc Co. (NASDAQ:DMRC - Free Report) by 18.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 455,664 shares of the information technology services provider's stock after buying an additional 71,126 shares during the period. Digimarc makes up about 2.4% of Woodson Capital Management LP's investment portfolio, making the stock its 19th largest holding. Woodson Capital Management LP owned about 2.13% of Digimarc worth $12,248,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Kimelman & Baird LLC bought a new position in shares of Digimarc in the second quarter valued at approximately $18,249,000. Beaconlight Capital LLC boosted its stake in Digimarc by 3.4% during the 3rd quarter. Beaconlight Capital LLC now owns 801,084 shares of the information technology services provider's stock valued at $21,533,000 after purchasing an additional 26,425 shares in the last quarter. Squarepoint Ops LLC acquired a new position in shares of Digimarc during the 2nd quarter valued at $747,000. Vanguard Group Inc. lifted its holdings in shares of Digimarc by 1.7% in the first quarter. Vanguard Group Inc. now owns 1,169,976 shares of the information technology services provider's stock valued at $31,800,000 after buying an additional 19,460 shares during the period. Finally, Silverberg Bernstein Capital Management LLC boosted its stake in Digimarc by 4.0% during the third quarter. Silverberg Bernstein Capital Management LLC now owns 459,933 shares of the information technology services provider's stock valued at $12,363,000 after buying an additional 17,880 shares in the last quarter. 66.85% of the stock is owned by institutional investors.
Digimarc Stock Up 0.1 %
Shares of DMRC traded up $0.05 during mid-day trading on Friday, reaching $33.89. The company's stock had a trading volume of 52,415 shares, compared to its average volume of 122,929. Digimarc Co. has a 1 year low of $21.00 and a 1 year high of $43.43. The company has a market cap of $725.92 million, a price-to-earnings ratio of -17.61 and a beta of 1.68. The business has a fifty day moving average of $30.36 and a 200 day moving average of $29.38.
Analyst Ratings Changes
DMRC has been the topic of several research reports. StockNews.com upgraded shares of Digimarc to a "sell" rating in a research report on Tuesday, September 17th. Needham & Company LLC reiterated a "buy" rating and issued a $40.00 target price on shares of Digimarc in a report on Friday, November 15th.
Read Our Latest Analysis on Digimarc
Digimarc Company Profile
(
Free Report)
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.
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