Silverberg Bernstein Capital Management LLC Buys 44,334 Shares of Digimarc Co. (NASDAQ:DMRC)

Silverberg Bernstein Capital Management LLC raised its position in Digimarc Co. (NASDAQ:DMRC - Free Report) by 9.7% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 502,012 shares of the information technology services provider's stock after purchasing an additional 44,334 shares during the period. Digimarc comprises approximately 6.0% of Silverberg Bernstein Capital Management LLC's portfolio, making the stock its 5th biggest holding. Silverberg Bernstein Capital Management LLC owned 2.33% of Digimarc worth $6,436,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in DMRC. Vanguard Group Inc. lifted its position in shares of 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 in the last quarter. Lagoda Investment Management L.P. boosted its stake in shares of Digimarc by 6.8% during the 4th quarter. Lagoda Investment Management L.P. now owns 628,275 shares of the information technology services provider's stock worth $23,529,000 after purchasing an additional 39,750 shares during the last quarter. Woodson Capital Management LP grew its holdings 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 in the last quarter. Private Advisor Group LLC grew its holdings in shares of Digimarc by 3.0% during the fourth quarter. Private Advisor Group LLC now owns 370,394 shares of the information technology services provider's stock worth $13,871,000 after buying an additional 10,680 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of 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 last quarter. Hedge funds and other institutional investors own 66.85% of the company's stock.

Digimarc Price Performance

NASDAQ:DMRC traded up $0.61 during mid-day trading on Wednesday, reaching $14.34. The company's stock had a trading volume of 158,752 shares, compared to its average volume of 166,497. The stock has a market cap of $309.06 million, a P/E ratio of -7.35 and a beta of 1.44. The company's fifty day simple moving average is $12.62 and its two-hundred day simple moving average is $25.03. Digimarc Co. has a twelve month low of $10.44 and a twelve month high of $48.32.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC lowered their target price on shares of Digimarc from $40.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, February 27th.

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.