Samjo Management LLC Cuts Stock Holdings in Digimarc Corporation $DMRC

Key Points

• Samjo Management LLC significantly reduced its holdings in Digimarc Corporation by 73.6%, selling 99,571 shares to end up with 35,725 shares valued at approximately $458,000.
• Other institutional investors also adjusted their positions, with AlphaQuest LLC increasing its holdings by 423.5% and Deutsche Bank AG growing its stake by 16.4% during the same period.
• As of the latest trading data, Digimarc's stock was valued at $8.81, reflecting a market capitalization of $191 million and a 12-month trading range between $7.83 and $48.32.

Samjo Management LLC reduced its position in Digimarc Corporation (NASDAQ:DMRC - Free Report) by 73.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,725 shares of the information technology services provider's stock after selling 99,571 shares during the period. Samjo Management LLC owned 0.17% of Digimarc worth $458,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. AlphaQuest LLC raised its position in shares of Digimarc by 423.5% in the 1st quarter. AlphaQuest LLC now owns 2,670 shares of the information technology services provider's stock valued at $34,000 after purchasing an additional 2,160 shares during the last quarter. EntryPoint Capital LLC purchased a new position in shares of Digimarc in the 1st quarter valued at approximately $131,000. Nuveen LLC purchased a new position in shares of Digimarc in the 1st quarter valued at approximately $738,000. Deutsche Bank AG raised its position in shares of Digimarc by 16.4% in the 1st quarter. Deutsche Bank AG now owns 70,582 shares of the information technology services provider's stock valued at $905,000 after purchasing an additional 9,924 shares during the last quarter. Finally, XTX Topco Ltd raised its position in shares of Digimarc by 536.6% in the 1st quarter. XTX Topco Ltd now owns 54,677 shares of the information technology services provider's stock valued at $701,000 after purchasing an additional 46,088 shares during the last quarter. 66.85% of the stock is currently owned by institutional investors.

Digimarc Stock Up 1.8%

Shares of Digimarc stock traded up $0.16 during midday trading on Thursday, hitting $8.60. The company had a trading volume of 97,363 shares, compared to its average volume of 213,563. The stock has a market cap of $186.34 million, a price-to-earnings ratio of -4.68 and a beta of 1.46. The company has a fifty day simple moving average of $11.82 and a 200 day simple moving average of $14.39. Digimarc Corporation has a 12-month low of $7.83 and a 12-month high of $48.32.

About Digimarc

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.