Barclays PLC Boosts Stock Position in Digimarc Co. (NASDAQ:DMRC)

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

Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC purchased a new stake in Digimarc during the third quarter worth approximately $106,000. FMR LLC lifted 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 worth $134,000 after buying an additional 3,331 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of 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 buying an additional 1,724 shares in the last quarter. Verition Fund Management LLC purchased a new position in shares of Digimarc in the 3rd quarter valued at $216,000. Finally, PEAK6 Investments LLC purchased a new position in shares of Digimarc in the 3rd quarter valued at $292,000. 66.85% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Needham & Company LLC restated a “buy” rating and issued a $40.00 price objective on shares of Digimarc in a research note on Friday, November 15th.

Digimarc Trading Down 2.7 %

Shares of NASDAQ DMRC opened at $42.66 on Friday. The stock has a market cap of $913.78 million, a P/E ratio of -21.88 and a beta of 1.67. The stock has a 50 day moving average of $36.38 and a two-hundred day moving average of $32.04. Digimarc Co. has a twelve month low of $21.00 and a twelve month high of $48.32.

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.