Digimarc Co. (NASDAQ:DMRC) Holdings Lowered by Jane Street Group LLC

Jane Street Group LLC cut its stake in Digimarc Co. (NASDAQ:DMRC - Free Report) by 54.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,393 shares of the information technology services provider's stock after selling 23,151 shares during the period. Jane Street Group LLC owned 0.09% of Digimarc worth $521,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Rhumbline Advisers raised its position in shares of Digimarc by 3.3% during the 2nd quarter. Rhumbline Advisers now owns 21,683 shares of the information technology services provider's stock valued at $672,000 after acquiring an additional 693 shares in the last quarter. Curi RMB Capital LLC lifted its position in shares of Digimarc by 0.7% in the 3rd quarter. Curi RMB Capital LLC now owns 117,821 shares of the information technology services provider's stock worth $3,167,000 after buying an additional 843 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Digimarc by 28.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,800 shares of the information technology services provider's stock valued at $210,000 after buying an additional 1,724 shares during the period. FMR LLC grew its position in shares of Digimarc by 201.6% during the 3rd quarter. FMR LLC now owns 4,983 shares of the information technology services provider's stock valued at $134,000 after buying an additional 3,331 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Digimarc by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 120,646 shares of the information technology services provider's stock worth $3,243,000 after acquiring an additional 3,801 shares during the last quarter. 66.85% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on DMRC. Needham & Company LLC reaffirmed a "buy" rating and set a $40.00 target price on shares of Digimarc in a report on Friday, November 15th. StockNews.com upgraded Digimarc to a "sell" rating in a research note on Tuesday, September 17th.

Digimarc Trading Up 1.0 %

Digimarc stock traded up $0.45 during midday trading on Monday, reaching $47.26. 269,156 shares of the stock traded hands, compared to its average volume of 326,952. The firm has a fifty day moving average price of $34.86 and a two-hundred day moving average price of $31.40. Digimarc Co. has a fifty-two week low of $21.00 and a fifty-two week high of $48.23. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of -24.24 and a beta of 1.67.

Digimarc Company Profile

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.