8,000 Shares in Digimarc Co. (NASDAQ:DMRC) Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC purchased a new position in Digimarc Co. (NASDAQ:DMRC) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 8,000 shares of the information technology services provider’s stock, valued at approximately $300,000.

Other institutional investors also recently bought and sold shares of the company. Beaconlight Capital LLC boosted its position in Digimarc by 3.4% in the 3rd quarter. Beaconlight Capital LLC now owns 801,084 shares of the information technology services provider’s stock valued at $21,533,000 after buying an additional 26,425 shares during the period. Woodson Capital Management LP grew its position in Digimarc by 18.5% during the 3rd quarter. Woodson Capital Management LP now owns 455,664 shares of the information technology services provider’s stock worth $12,248,000 after purchasing an additional 71,126 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Digimarc by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 120,646 shares of the information technology services provider’s stock worth $3,243,000 after acquiring an additional 3,801 shares during the period. Curi RMB Capital LLC boosted its holdings in shares of 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 acquiring an additional 843 shares during the last quarter. Finally, Barclays PLC lifted its holdings in shares of Digimarc by 240.9% in 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 during the period. 66.85% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Digimarc Price Performance

Shares of NASDAQ:DMRC opened at $26.93 on Wednesday. The business’s 50 day moving average price is $37.70 and its 200-day moving average price is $32.87. Digimarc Co. has a 1 year low of $21.00 and a 1 year high of $48.32. The firm has a market capitalization of $576.87 million, a PE ratio of -13.81 and a beta of 1.66.

Digimarc 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.