PAX Financial Group LLC bought a new position in shares of Digimarc Corporation (NASDAQ:DMRC - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 20,577 shares of the information technology services provider's stock, valued at approximately $264,000. PAX Financial Group LLC owned about 0.10% of Digimarc as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Digimarc by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 1,308,979 shares of the information technology services provider's stock valued at $49,021,000 after acquiring an additional 5,726 shares during the last quarter. Lagoda Investment Management L.P. boosted its stake in shares of Digimarc by 6.8% in the 4th quarter. Lagoda Investment Management L.P. now owns 628,275 shares of the information technology services provider's stock valued at $23,529,000 after purchasing an additional 39,750 shares during the last quarter. Woodson Capital Management LP increased its position in shares of Digimarc by 14.4% during the fourth quarter. Woodson Capital Management LP now owns 521,211 shares of the information technology services provider's stock worth $19,519,000 after buying an additional 65,547 shares during the period. Silverberg Bernstein Capital Management LLC raised its stake in Digimarc by 9.7% during the first quarter. Silverberg Bernstein Capital Management LLC now owns 502,012 shares of the information technology services provider's stock worth $6,436,000 after buying an additional 44,334 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Digimarc by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 355,673 shares of the information technology services provider's stock valued at $13,323,000 after buying an additional 935 shares during the period. 66.85% of the stock is owned by institutional investors and hedge funds.
Digimarc Price Performance
Shares of Digimarc stock traded down $0.30 on Friday, hitting $12.73. 117,309 shares of the company's stock traded hands, compared to its average volume of 167,248. The company has a market capitalization of $274.33 million, a price-to-earnings ratio of -6.77 and a beta of 1.40. The company has a fifty day moving average of $13.14 and a two-hundred day moving average of $20.09. Digimarc Corporation has a one year low of $10.44 and a one year high of $48.32.
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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