Private Advisor Group LLC raised its position in Digimarc Corporation (NASDAQ:DMRC - Free Report) by 7.9% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 399,685 shares of the information technology services provider's stock after purchasing an additional 29,291 shares during the period. Private Advisor Group LLC owned 1.85% of Digimarc worth $5,124,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DMRC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Digimarc by 4.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,687 shares of the information technology services provider's stock worth $325,000 after acquiring an additional 380 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Digimarc by 3.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,846 shares of the information technology services provider's stock worth $669,000 after acquiring an additional 606 shares during the period. Geode Capital Management LLC raised its holdings in shares of Digimarc by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 355,673 shares of the information technology services provider's stock worth $13,323,000 after acquiring an additional 935 shares during the period. Bryant Woods Investment Advisors LLC raised its holdings in shares of Digimarc by 1.6% during the 1st quarter. Bryant Woods Investment Advisors LLC now owns 77,500 shares of the information technology services provider's stock worth $994,000 after acquiring an additional 1,195 shares during the period. Finally, Versant Capital Management Inc raised its holdings in shares of 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 acquiring an additional 1,772 shares during the period. Hedge funds and other institutional investors own 66.85% of the company's stock.
Digimarc Trading Down 0.7%
DMRC traded down $0.08 on Friday, hitting $12.17. The company had a trading volume of 85,577 shares, compared to its average volume of 132,699. The firm has a market cap of $262.26 million, a P/E ratio of -6.47 and a beta of 1.40. Digimarc Corporation has a 1 year low of $10.44 and a 1 year high of $48.32. The company's fifty day moving average price is $13.04 and its 200 day moving average price is $19.01.
About Digimarc
(
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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