Inspire Investing LLC Boosts Holdings in Digimarc Corporation $DMRC

Key Points

• Inspire Investing LLC significantly increased its stake in Digimarc Corporation by 296.4%, now owning 41,754 shares valued at $535,000.
• Other institutional investors have also shown strong interest, with Jane Street Group LLC boosting its position by 915.0%, now holding 69,538 shares valued at $891,000.
• As of the latest report, Digimarc stock had a market capitalization of $203.79 million and traded at $9.40, reflecting a notable decline from its 52-week high of $48.32.

Inspire Investing LLC grew its position in Digimarc Corporation (NASDAQ:DMRC - Free Report) by 296.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,754 shares of the information technology services provider's stock after acquiring an additional 31,220 shares during the period. Inspire Investing LLC owned about 0.19% of Digimarc worth $535,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of DMRC. Janus Henderson Group PLC purchased a new stake in shares of Digimarc during the fourth quarter worth about $244,000. GSA Capital Partners LLP purchased a new stake in shares of Digimarc during the first quarter worth about $589,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Digimarc by 39.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 30,774 shares of the information technology services provider's stock worth $1,152,000 after purchasing an additional 8,660 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Digimarc by 7.4% during the fourth quarter. Bank of America Corp DE now owns 76,336 shares of the information technology services provider's stock worth $2,859,000 after purchasing an additional 5,273 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake 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 purchasing an additional 5,599 shares in the last quarter. Institutional investors and hedge funds own 66.85% of the company's stock.

Digimarc Stock Performance

Shares of DMRC stock traded up $0.23 on Thursday, reaching $10.54. 40,214 shares of the company were exchanged, compared to its average volume of 215,294. The company has a market cap of $228.52 million, a price-to-earnings ratio of -5.76 and a beta of 1.43. The business has a 50-day moving average price of $10.55 and a 200 day moving average price of $12.29. Digimarc Corporation has a 1 year low of $7.76 and a 1 year high of $48.32.

Digimarc 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.