45,971 Shares in Digimarc Corporation (NASDAQ:DMRC) Acquired by GSA Capital Partners LLP

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 bought a new position in Digimarc Corporation (NASDAQ:DMRC - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 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 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DMRC. Versant Capital Management Inc boosted its holdings in shares of Digimarc by 1,048.5% during the first quarter. Versant Capital Management Inc now owns 1,941 shares of the information technology services provider's stock valued at $25,000 after acquiring an additional 1,772 shares during the period. GAMMA Investing LLC raised its holdings in shares of 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 worth $74,000 after acquiring an additional 5,599 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in Digimarc in the 4th quarter worth approximately $105,000. Tower Research Capital LLC TRC increased its holdings in Digimarc by 469.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,951 shares of the information technology services provider's stock valued at $111,000 after buying an additional 2,433 shares during the period. Finally, Grimes & Company Inc. bought a new position in Digimarc during the 1st quarter valued at about $170,000. 66.85% of the stock is owned by institutional investors and hedge funds.

Digimarc Stock Performance

DMRC traded up $0.18 during midday trading on Tuesday, hitting $12.01. The company had a trading volume of 113,746 shares, compared to its average volume of 136,822. Digimarc Corporation has a twelve month low of $10.44 and a twelve month high of $48.32. The firm's 50-day simple moving average is $12.94 and its 200-day simple moving average is $17.41. The company has a market capitalization of $258.82 million, a PE ratio of -6.39 and a beta of 1.46.

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.