Janney Montgomery Scott LLC trimmed its holdings in shares of Digimarc Corporation (NASDAQ:DMRC - Free Report) by 43.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,002 shares of the information technology services provider's stock after selling 18,987 shares during the period. Janney Montgomery Scott LLC owned 0.12% of Digimarc worth $321,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Granahan Investment Management LLC purchased a new position in Digimarc in the 4th quarter valued at about $9,341,000. Woodson Capital Management LP boosted its position in Digimarc by 14.4% in the 4th quarter. Woodson Capital Management LP now owns 521,211 shares of the information technology services provider's stock valued at $19,519,000 after buying an additional 65,547 shares during the last quarter. Samjo Management LLC lifted its position in shares of Digimarc by 79.4% during the fourth quarter. Samjo Management LLC now owns 135,296 shares of the information technology services provider's stock worth $5,067,000 after purchasing an additional 59,896 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its position in shares of Digimarc by 93.3% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 105,028 shares of the information technology services provider's stock worth $3,933,000 after purchasing an additional 50,690 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Digimarc by 528.2% during the fourth quarter. JPMorgan Chase & Co. now owns 57,717 shares of the information technology services provider's stock worth $2,162,000 after purchasing an additional 48,530 shares during the last quarter. 66.85% of the stock is owned by hedge funds and other institutional investors.
Digimarc Price Performance
Shares of DMRC stock remained flat at $13.06 during trading hours on Tuesday. 114,612 shares of the stock traded hands, compared to its average volume of 165,604. The company has a market cap of $281.44 million, a PE ratio of -6.95 and a beta of 1.40. Digimarc Corporation has a twelve month low of $10.44 and a twelve month high of $48.32. The firm has a 50 day moving average price of $13.17 and a 200-day moving average price of $21.36.
Digimarc Company Profile
(
Free Report)
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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