Digimarc Co. (NASDAQ:DMRC) Shares Acquired by Woodson Capital Management LP

Woodson Capital Management LP boosted its holdings in Digimarc Co. (NASDAQ:DMRC) by 18.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 455,664 shares of the information technology services provider’s stock after purchasing an additional 71,126 shares during the quarter. Digimarc makes up about 2.4% of Woodson Capital Management LP’s investment portfolio, making the stock its 19th largest holding. Woodson Capital Management LP owned about 2.13% of Digimarc worth $12,248,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in 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 worth $31,800,000 after acquiring an additional 19,460 shares during the last quarter. Beaconlight Capital LLC lifted its stake in 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 buying an additional 26,425 shares during the last quarter. Kimelman & Baird LLC bought a new position in shares of Digimarc during the second quarter worth about $18,249,000. Silverberg Bernstein Capital Management LLC increased its holdings in shares of Digimarc by 4.0% in the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 459,933 shares of the information technology services provider’s stock worth $12,363,000 after acquiring an additional 17,880 shares during the period. Finally, Private Advisor Group LLC increased its stake in shares of Digimarc by 2.2% in the third quarter. Private Advisor Group LLC now owns 359,714 shares of the information technology services provider’s stock valued at $9,669,000 after purchasing an additional 7,806 shares during the period. 66.85% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. StockNews.com upgraded Digimarc to a “sell” rating in a research report on Tuesday, September 17th. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective on shares of Digimarc in a report on Friday, November 15th.

Digimarc Stock Up 1.7 %

Shares of DMRC opened at $33.84 on Friday. Digimarc Co. has a 12-month low of $21.00 and a 12-month high of $43.43. The firm’s 50 day moving average is $30.26 and its 200-day moving average is $29.35.

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.