Institutional Investors Are Betting On Digimarc Corp (NASDAQ:DMRC)

July 12, 2018 - By Jason Grubb

Digimarc Corporation (NASDAQ:DMRC) Logo

Sentiment for Digimarc Corp (NASDAQ:DMRC)

Digimarc Corp (NASDAQ:DMRC) institutional sentiment increased to 1.18 in Q1 2018. Its up 0.25, from 0.93 in 2017Q4. The ratio improved, as 26 investment managers increased and started new stock positions, while 22 sold and reduced their positions in Digimarc Corp. The investment managers in our partner’s database now possess: 5.79 million shares, up from 5.70 million shares in 2017Q4. Also, the number of investment managers holding Digimarc Corp in their top 10 stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 9 Reduced: 13 Increased: 20 New Position: 6.

Digimarc Corporation provides media identification and management solutions to commercial entities and government clients in the United States and internationally. The company has market cap of $333.77 million. It primarily offers Digimarc Discover, and Digimarc Barcode and Intuitive Computing Platform that are designed to optimize the identification of various consumer brand impressions facilitating mobile-centric shopping. It currently has negative earnings. The companyÂ’s solutions identifies, tracks, manages, and protects content; and enables new consumer applications to access networks and information from personal computers and mobile devices.

The stock increased 1.37% or $0.4 during the last trading session, reaching $29.55. About 2,659 shares traded. Digimarc Corporation (NASDAQ:DMRC) has declined 14.26% since July 12, 2017 and is downtrending. It has underperformed by 26.83% the S&P500.

Analysts await Digimarc Corporation (NASDAQ:DMRC) to report earnings on July, 25. They expect $-0.81 EPS, down 19.12 % or $0.13 from last year’s $-0.68 per share. After $-0.72 actual EPS reported by Digimarc Corporation for the previous quarter, Wall Street now forecasts 12.50 % negative EPS growth.

Lagoda Investment Management L.P. holds 2.48% of its portfolio in Digimarc Corporation for 273,989 shares. Hood River Capital Management Llc owns 567,726 shares or 0.76% of their US portfolio. Moreover, Marathon Capital Management has 0.7% invested in the company for 74,525 shares. The New York-based Awm Investment Company Inc. has invested 0.24% in the stock. Berson & Corrado Investment Advisors Llc, a New York-based fund reported 10,096 shares.

Digimarc Corporation (NASDAQ:DMRC) Ratings Coverage

Ratings analysis reveals 100% of Digimarc Corp’s analysts are positive. Out of 3 Wall Street analysts rating Digimarc Corp, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $3500 while the high is $44.0. The stock’s average target of $40.67 is 37.63% above today’s ($29.55) share price. DMRC was included in 4 notes of analysts from February 16, 2018. The rating was maintained by FBR Capital on Thursday, February 22 with “Buy”. The rating was initiated by FBR Capital on Friday, February 16 with “Buy”. On Thursday, April 26 the stock rating was maintained by Needham with “Buy”.

More news for Digimarc Corporation (NASDAQ:DMRC) were recently published by: Prnewswire.com, which released: “Technology Industry Veteran Brian O’Sullivan Joins Digimarc as VP North American Sales” on June 28, 2018. Prnewswire.com‘s article titled: “Digimarc Cited in Gartner “Cool Vendors in Transforming Multichannel to Unified Retail Commerce” Report” and published on June 14, 2018 is yet another important article.

Digimarc Corporation (NASDAQ:DMRC) Institutional Positions Chart

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