GSA Capital Partners LLP Buys New Holdings in Digimarc Corporation (NASDAQ:DMRC)

Key Points

• GSA Capital Partners LLP has invested $589,000 in Digimarc Corporation, acquiring 45,971 shares in the first quarter, representing approximately 0.21% of the company's total shares.
• In the fourth quarter, other institutional investors like Vanguard Group and Lagoda Investment Management boosted their stakes in Digimarc, increasing their ownership significantly.
• Digimarc's stock opened at $11.35, with a market capitalization of $244.59 million and a recent trading range between $10.44 and $48.32 over the past year.

GSA Capital Partners LLP acquired a new position in Digimarc Corporation (NASDAQ:DMRC - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,971 shares of the information technology services provider's stock, valued at approximately $589,000. GSA Capital Partners LLP owned 0.21% of Digimarc as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Versant Capital Management Inc raised its stake in Digimarc by 1,048.5% during the 1st quarter. Versant Capital Management Inc now owns 1,941 shares of the information technology services provider's stock worth $25,000 after buying an additional 1,772 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in Digimarc in the 4th quarter worth $105,000. Tower Research Capital LLC TRC boosted its stake in shares of Digimarc by 469.7% during 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 purchasing an additional 2,433 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in Digimarc in the fourth quarter worth about $215,000. Finally, GAMMA Investing LLC lifted its holdings in Digimarc by 3,888.2% during the first quarter. GAMMA Investing LLC now owns 5,743 shares of the information technology services provider's stock valued at $74,000 after purchasing an additional 5,599 shares in the last quarter. Hedge funds and other institutional investors own 66.85% of the company's stock.

Digimarc Trading Down 5.0%

DMRC traded down $0.60 during trading hours on Thursday, hitting $11.48. 105,163 shares of the company's stock were exchanged, compared to its average volume of 207,419. The firm has a market cap of $247.31 million, a P/E ratio of -6.14 and a beta of 1.46. The firm has a 50 day moving average of $12.91 and a 200 day moving average of $17.34. Digimarc Corporation has a 12-month low of $10.44 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.