Charles Schwab Investment Management Inc. Purchases 2,008 Shares of Digimarc Co. (NASDAQ:DMRC)

Charles Schwab Investment Management Inc. raised its position in shares of Digimarc Co. (NASDAQ:DMRC) by 1.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,654 shares of the information technology services provider’s stock after buying an additional 2,008 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.57% of Digimarc worth $4,593,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in DMRC. Beaconlight Capital LLC grew its holdings in shares of Digimarc by 3.4% in the third quarter. Beaconlight Capital LLC now owns 801,084 shares of the information technology services provider’s stock valued at $21,533,000 after purchasing an additional 26,425 shares in the last quarter. Woodson Capital Management LP lifted its position in Digimarc by 18.5% during the third quarter. Woodson Capital Management LP now owns 455,664 shares of the information technology services provider’s stock valued at $12,248,000 after purchasing an additional 71,126 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of Digimarc by 3.0% in the 4th 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. Bank of New York Mellon Corp increased its holdings in shares of Digimarc by 0.3% in the 4th quarter. Bank of New York Mellon Corp now owns 228,780 shares of the information technology services provider’s stock worth $8,568,000 after buying an additional 703 shares during the last quarter. Finally, Barclays PLC raised its position in shares of Digimarc by 240.9% during the 3rd quarter. Barclays PLC now owns 25,172 shares of the information technology services provider’s stock valued at $677,000 after buying an additional 17,788 shares in the last quarter. Institutional investors own 66.85% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC dropped their price target on Digimarc from $40.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, February 27th.

Digimarc Stock Performance

NASDAQ:DMRC opened at $14.71 on Wednesday. The firm has a market capitalization of $316.99 million, a PE ratio of -7.54 and a beta of 1.61. The stock’s fifty day moving average is $27.79 and its 200 day moving average is $31.20. Digimarc Co. has a fifty-two week low of $13.95 and a fifty-two week high of $48.32.

About Digimarc

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.