Digimarc Co. (NASDAQ:DMRC) Shares Purchased by Barclays PLC

Barclays PLC lifted its position in shares of Digimarc Co. (NASDAQ:DMRC) by 240.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,172 shares of the information technology services provider’s stock after purchasing an additional 17,788 shares during the quarter. Barclays PLC owned 0.12% of Digimarc worth $677,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Rhumbline Advisers raised its holdings in Digimarc by 3.3% in the 2nd quarter. Rhumbline Advisers now owns 21,683 shares of the information technology services provider’s stock worth $672,000 after purchasing an additional 693 shares during the period. Curi RMB Capital LLC lifted its stake in Digimarc by 0.7% in the 3rd quarter. Curi RMB Capital LLC now owns 117,821 shares of the information technology services provider’s stock valued at $3,167,000 after buying an additional 843 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Digimarc by 28.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,800 shares of the information technology services provider’s stock valued at $210,000 after purchasing an additional 1,724 shares during the last quarter. nVerses Capital LLC acquired a new stake in Digimarc in the 2nd quarter valued at about $62,000. Finally, FMR LLC boosted its position in shares of Digimarc by 201.6% during the 3rd quarter. FMR LLC now owns 4,983 shares of the information technology services provider’s stock valued at $134,000 after acquiring an additional 3,331 shares during the last quarter. 66.85% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have weighed in on DMRC. Needham & Company LLC reiterated a “buy” rating and set a $40.00 price target on shares of Digimarc in a research report on Friday, November 15th. StockNews.com raised Digimarc to a “sell” rating in a research note on Tuesday, September 17th.

Digimarc Trading Down 2.2 %

Shares of DMRC stock opened at $37.45 on Thursday. Digimarc Co. has a 12 month low of $21.00 and a 12 month high of $43.43. The company has a market cap of $802.22 million, a P/E ratio of -19.21 and a beta of 1.70. The firm has a fifty day moving average price of $34.08 and a 200 day moving average price of $30.96.

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.