Digimarc Corporation $DMRC Shares Sold by Samjo Management LLC

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 trimmed its holdings in shares of Digimarc Corporation (NASDAQ:DMRC - Free Report) by 73.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,725 shares of the information technology services provider's stock after selling 99,571 shares during the period. Samjo Management LLC owned approximately 0.17% of Digimarc worth $458,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. AlphaQuest LLC boosted its holdings in Digimarc by 423.5% in the first 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 stake in shares of Digimarc in the first quarter worth about $131,000. Nuveen LLC purchased a new stake in shares of Digimarc in the first quarter worth about $738,000. Deutsche Bank AG grew its holdings in Digimarc by 16.4% during the first quarter. Deutsche Bank AG now owns 70,582 shares of the information technology services provider's stock worth $905,000 after acquiring an additional 9,924 shares during the period. Finally, XTX Topco Ltd raised its position in Digimarc by 536.6% during the first quarter. XTX Topco Ltd now owns 54,677 shares of the information technology services provider's stock valued at $701,000 after acquiring an additional 46,088 shares in the last quarter. Institutional investors and hedge funds own 66.85% of the company's stock.

Digimarc Trading Up 7.0%

Digimarc stock opened at $8.81 on Friday. The firm has a market cap of $191.00 million, a PE ratio of -4.81 and a beta of 1.46. Digimarc Corporation has a 12 month low of $7.83 and a 12 month high of $48.32. The stock's 50 day simple moving average is $12.09 and its two-hundred day simple moving average is $14.95.

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.

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