Nuveen LLC Makes New $738,000 Investment in Digimarc Corporation $DMRC

Nuveen LLC bought a new position in Digimarc Corporation (NASDAQ:DMRC - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 57,571 shares of the information technology services provider's stock, valued at approximately $738,000. Nuveen LLC owned 0.27% of Digimarc as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in DMRC. Wells Fargo & Company MN raised its position in Digimarc by 39.5% in the 4th quarter. Wells Fargo & Company MN now owns 8,444 shares of the information technology services provider's stock worth $316,000 after purchasing an additional 2,393 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Digimarc in the fourth quarter valued at about $470,000. Barclays PLC increased its position in shares of Digimarc by 8.7% in the fourth quarter. Barclays PLC now owns 27,358 shares of the information technology services provider's stock valued at $1,024,000 after acquiring an additional 2,186 shares during the period. Tower Research Capital LLC TRC increased its position in shares of Digimarc by 469.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,951 shares of the information technology services provider's stock valued at $111,000 after acquiring an additional 2,433 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its position in shares of Digimarc by 3.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,846 shares of the information technology services provider's stock valued at $669,000 after acquiring an additional 606 shares during the period. Hedge funds and other institutional investors own 66.85% of the company's stock.

Digimarc Trading Up 3.1%

Shares of DMRC stock traded up $0.25 during mid-day trading on Friday, reaching $8.34. The stock had a trading volume of 152,038 shares, compared to its average volume of 258,927. The stock's 50-day moving average price is $11.17 and its two-hundred day moving average price is $12.91. Digimarc Corporation has a 52-week low of $7.76 and a 52-week high of $48.32. The firm has a market capitalization of $180.81 million, a PE ratio of -4.56 and a beta of 1.43.

Digimarc 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.