Digimarc Co. (NASDAQ:DMRC) Stock Position Boosted by Silverberg Bernstein Capital Management LLC

Silverberg Bernstein Capital Management LLC boosted its holdings in Digimarc Co. (NASDAQ:DMRC - Free Report) by 4.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 459,933 shares of the information technology services provider's stock after purchasing an additional 17,880 shares during the quarter. Digimarc comprises 11.3% of Silverberg Bernstein Capital Management LLC's investment portfolio, making the stock its largest holding. Silverberg Bernstein Capital Management LLC owned 2.15% of Digimarc worth $12,363,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. SG Americas Securities LLC purchased a new stake in Digimarc during the 3rd quarter valued at approximately $106,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Digimarc during the second quarter worth approximately $439,000. Kimelman & Baird LLC acquired a new stake in shares of Digimarc during the second quarter worth $18,249,000. Deerfield Management Company L.P. Series C purchased a new position in Digimarc in the 2nd quarter valued at $551,000. Finally, Squarepoint Ops LLC purchased a new position in Digimarc in the 2nd quarter valued at $747,000. Institutional investors and hedge funds own 66.85% of the company's stock.

Digimarc Price Performance

NASDAQ:DMRC traded up $0.72 on Friday, reaching $28.64. The stock had a trading volume of 90,527 shares, compared to its average volume of 124,590. The company has a market cap of $612.12 million, a price-to-earnings ratio of -13.77 and a beta of 1.70. The firm's fifty day moving average is $28.17 and its two-hundred day moving average is $27.48. Digimarc Co. has a 12-month low of $21.00 and a 12-month high of $43.43.

Digimarc (NASDAQ:DMRC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The information technology services provider reported ($0.23) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.27) by $0.04. Digimarc had a negative return on equity of 41.60% and a negative net margin of 105.98%. The firm had revenue of $10.38 million for the quarter.

Wall Street Analyst Weigh In

Several analysts have recently commented on DMRC shares. Needham & Company LLC restated a "buy" rating and issued a $40.00 target price on shares of Digimarc in a research note on Wednesday, August 14th. StockNews.com upgraded shares of Digimarc to a "sell" rating in a research report on Tuesday, September 17th.

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.