Digimarc Co. (NASDAQ:DMRC) Shares Sold by Bryant Woods Investment Advisors LLC

Bryant Woods Investment Advisors LLC trimmed its holdings in Digimarc Co. (NASDAQ:DMRC) by 8.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 76,305 shares of the information technology services provider’s stock after selling 7,336 shares during the quarter. Digimarc makes up about 1.4% of Bryant Woods Investment Advisors LLC’s holdings, making the stock its 11th biggest position. Bryant Woods Investment Advisors LLC’s holdings in Digimarc were worth $2,858,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kimelman & Baird LLC purchased a new position in shares of Digimarc in the 2nd quarter valued at approximately $18,249,000. Woodson Capital Management LP boosted its holdings in shares of Digimarc by 18.5% in 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 acquiring an additional 71,126 shares in the last quarter. Beaconlight Capital LLC increased its stake in shares of Digimarc by 3.4% during the third quarter. Beaconlight Capital LLC now owns 801,084 shares of the information technology services provider’s stock worth $21,533,000 after acquiring an additional 26,425 shares during the period. Squarepoint Ops LLC purchased a new position in Digimarc during the second quarter worth about $747,000. Finally, Silverberg Bernstein Capital Management LLC lifted its position in Digimarc by 4.0% in the third quarter. Silverberg Bernstein Capital Management LLC now owns 459,933 shares of the information technology services provider’s stock valued at $12,363,000 after purchasing an additional 17,880 shares during the period. Hedge funds and other institutional investors own 66.85% of the company’s stock.

Digimarc Stock Down 1.7 %

NASDAQ:DMRC opened at $40.11 on Monday. The firm’s fifty day simple moving average is $37.75 and its 200-day simple moving average is $32.56. The stock has a market cap of $859.16 million, a PE ratio of -20.57 and a beta of 1.67. Digimarc Co. has a fifty-two week low of $21.00 and a fifty-two week high of $48.32.

Analyst Upgrades and Downgrades

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

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.