Digimarc Co. (NASDAQ:DMRC) Shares Acquired by Woodson Capital Management LP

Woodson Capital Management LP grew its position in Digimarc Co. (NASDAQ:DMRC - Free Report) by 14.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 521,211 shares of the information technology services provider's stock after acquiring an additional 65,547 shares during the quarter. Digimarc comprises approximately 3.2% of Woodson Capital Management LP's portfolio, making the stock its 12th biggest position. Woodson Capital Management LP owned approximately 2.43% of Digimarc worth $19,519,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Digimarc by 4.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,687 shares of the information technology services provider's stock valued at $325,000 after acquiring an additional 380 shares during the period. Lagoda Investment Management L.P. lifted its holdings in shares of Digimarc by 6.8% during the fourth quarter. Lagoda Investment Management L.P. now owns 628,275 shares of the information technology services provider's stock worth $23,529,000 after purchasing an additional 39,750 shares during the period. Janus Henderson Group PLC acquired a new stake in shares of Digimarc during the fourth quarter worth $244,000. Graham Capital Management L.P. acquired a new stake in shares of Digimarc during the fourth quarter worth $257,000. Finally, Granahan Investment Management LLC acquired a new stake in shares of Digimarc during the fourth quarter worth $9,341,000. 66.85% of the stock is owned by institutional investors and hedge funds.

Digimarc Price Performance

Shares of NASDAQ DMRC opened at $13.13 on Tuesday. The stock has a fifty day moving average price of $12.94 and a 200 day moving average price of $26.44. Digimarc Co. has a 1-year low of $10.44 and a 1-year high of $48.32. The company has a market cap of $282.98 million, a PE ratio of -6.73 and a beta of 1.44.

Analysts Set New Price Targets

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

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.

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