Curi RMB Capital LLC Has $1.89 Million Stake in Digimarc Co. (NASDAQ:DMRC)

Curi RMB Capital LLC decreased its stake in shares of Digimarc Co. (NASDAQ:DMRC - Free Report) by 57.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 50,333 shares of the information technology services provider's stock after selling 67,488 shares during the period. Curi RMB Capital LLC owned 0.23% of Digimarc worth $1,885,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of DMRC. FMR LLC lifted its holdings in shares of Digimarc by 201.6% during the third quarter. FMR LLC now owns 4,983 shares of the information technology services provider's stock worth $134,000 after buying an additional 3,331 shares in the last quarter. Barclays PLC increased its position in Digimarc by 240.9% during the third quarter. Barclays PLC now owns 25,172 shares of the information technology services provider's stock worth $677,000 after acquiring an additional 17,788 shares during the period. JPMorgan Chase & Co. raised its stake in Digimarc by 41.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,187 shares of the information technology services provider's stock worth $247,000 after purchasing an additional 2,695 shares in the last quarter. Moody National Bank Trust Division bought a new stake in Digimarc in the 4th quarter valued at about $574,000. Finally, SG Americas Securities LLC grew its position in shares of Digimarc by 65.6% during the 4th quarter. SG Americas Securities LLC now owns 6,538 shares of the information technology services provider's stock worth $245,000 after purchasing an additional 2,590 shares in the last quarter. Institutional investors and hedge funds own 66.85% of the company's stock.

Analysts Set New Price Targets

Separately, Needham & Company LLC cut their price target on Digimarc from $40.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, February 27th.

Digimarc Price Performance

DMRC traded down $0.26 on Friday, hitting $12.98. 166,232 shares of the stock were exchanged, compared to its average volume of 163,421. Digimarc Co. has a 12 month low of $10.44 and a 12 month high of $48.32. The firm has a market capitalization of $279.69 million, a price-to-earnings ratio of -6.66 and a beta of 1.53. The business has a 50-day moving average of $15.09 and a two-hundred day moving average of $28.42.

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.