SG Americas Securities LLC Acquires Shares of 3,681 Digimarc Co. (NASDAQ:DMRC)

SG Americas Securities LLC bought a new position in shares of Digimarc Co. (NASDAQ:DMRC) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 3,681 shares of the information technology services provider’s stock, valued at approximately $133,000.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. grew its stake in Digimarc by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,121,044 shares of the information technology services provider’s stock valued at $36,423,000 after buying an additional 25,679 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Digimarc by 15.2% during the third quarter. Deutsche Bank AG now owns 7,387 shares of the information technology services provider’s stock worth $240,000 after acquiring an additional 975 shares during the period. GSA Capital Partners LLP acquired a new position in shares of Digimarc in the third quarter valued at approximately $395,000. Legal & General Group Plc increased its stake in shares of Digimarc by 798.9% during the third quarter. Legal & General Group Plc now owns 15,515 shares of the information technology services provider’s stock worth $504,000 after purchasing an additional 13,789 shares during the period. Finally, Lagoda Investment Management L.P. lifted its holdings in Digimarc by 2.1% during the 3rd quarter. Lagoda Investment Management L.P. now owns 662,450 shares of the information technology services provider’s stock worth $21,523,000 after purchasing an additional 13,330 shares during the last quarter. 66.85% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Tony Rodriguez sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $26.91, for a total value of $53,820.00. Following the completion of the sale, the executive vice president now directly owns 41,259 shares in the company, valued at $1,110,279.69. The sale was disclosed in a filing with the SEC, which is available at this link. In other Digimarc news, EVP Tony Rodriguez sold 2,000 shares of the firm’s stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $26.91, for a total transaction of $53,820.00. Following the transaction, the executive vice president now owns 41,259 shares in the company, valued at approximately $1,110,279.69. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Milena Alberti-Perez sold 4,900 shares of the company’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $30.84, for a total value of $151,116.00. Following the sale, the director now owns 14,487 shares of the company’s stock, valued at $446,779.08. The disclosure for this sale can be found here. Company insiders own 20.50% of the company’s stock.

Digimarc Price Performance

Shares of NASDAQ DMRC opened at $22.65 on Thursday. The firm has a market cap of $462.97 million, a price-to-earnings ratio of -9.93 and a beta of 1.10. The stock’s fifty day moving average price is $30.94 and its two-hundred day moving average price is $32.38. Digimarc Co. has a one year low of $16.13 and a one year high of $43.43.

Digimarc (NASDAQ:DMRC) last released its quarterly earnings results on Wednesday, February 28th. The information technology services provider reported ($0.41) EPS for the quarter. Digimarc had a negative net margin of 131.87% and a negative return on equity of 50.45%. The business had revenue of $9.28 million during the quarter.

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.