Digimarc Co. (NASDAQ:DMRC) is Silverberg Bernstein Capital Management LLC’s Largest Position

Silverberg Bernstein Capital Management LLC grew its stake in Digimarc Co. (NASDAQ:DMRC) by 4.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 459,933 shares of the information technology services provider’s stock after purchasing an additional 17,880 shares during the period. Digimarc makes up about 11.3% of Silverberg Bernstein Capital Management LLC’s holdings, making the stock its largest holding. Silverberg Bernstein Capital Management LLC’s holdings in Digimarc were worth $12,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of Digimarc by 1.7% in the first quarter. Vanguard Group Inc. now owns 1,169,976 shares of the information technology services provider’s stock valued at $31,800,000 after purchasing an additional 19,460 shares in the last quarter. Beaconlight Capital LLC lifted its stake in shares of Digimarc by 34.7% in the 1st quarter. Beaconlight Capital LLC now owns 778,017 shares of the information technology services provider’s stock valued at $21,147,000 after purchasing an additional 200,251 shares during the last quarter. Kimelman & Baird LLC purchased a new position in shares of Digimarc during the 2nd quarter worth $18,249,000. Goldman Sachs Group Inc. increased its position in shares of Digimarc by 1,834.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 547,966 shares of the information technology services provider’s stock worth $19,793,000 after purchasing an additional 519,643 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in Digimarc by 4.4% in the 2nd quarter. Private Advisor Group LLC now owns 351,908 shares of the information technology services provider’s stock valued at $10,913,000 after buying an additional 14,884 shares during the period. 66.85% of the stock is currently owned by hedge funds and other institutional investors.

Digimarc Trading Up 2.6 %

Digimarc stock traded up $0.72 during trading on Friday, hitting $28.64. The company had a trading volume of 90,527 shares, compared to its average volume of 124,590. Digimarc Co. has a 1-year low of $21.00 and a 1-year high of $43.43. The company’s 50 day simple moving average is $28.17 and its 200-day simple moving average is $27.48. The stock has a market cap of $612.12 million, a price-to-earnings ratio of -13.77 and a beta of 1.70.

Digimarc (NASDAQ:DMRC) last posted its earnings results on Tuesday, August 13th. The information technology services provider reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.27) by $0.04. Digimarc had a negative net margin of 105.98% and a negative return on equity of 41.60%. The firm had revenue of $10.38 million during the quarter.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. StockNews.com raised shares of Digimarc to a “sell” rating in a research note on Tuesday, September 17th. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price objective on shares of Digimarc in a research report on Wednesday, August 14th.

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.