15,333 Shares in Digimarc Co. (NASDAQ:DMRC) Acquired by Moody National Bank Trust Division

Moody National Bank Trust Division purchased a new stake in Digimarc Co. (NASDAQ:DMRC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,333 shares of the information technology services provider’s stock, valued at approximately $574,000. Moody National Bank Trust Division owned 0.07% of Digimarc at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Rhumbline Advisers raised its position in shares of Digimarc by 3.3% in the second quarter. Rhumbline Advisers now owns 21,683 shares of the information technology services provider’s stock valued at $672,000 after purchasing an additional 693 shares during the period. Curi RMB Capital LLC raised its holdings in 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 period. BNP Paribas Financial Markets lifted its position in Digimarc by 28.4% during the third quarter. BNP Paribas Financial Markets now owns 7,800 shares of the information technology services provider’s stock worth $210,000 after acquiring an additional 1,724 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Digimarc by 41.5% during the third quarter. JPMorgan Chase & Co. now owns 9,187 shares of the information technology services provider’s stock worth $247,000 after acquiring an additional 2,695 shares during the period. Finally, FMR LLC grew its position in shares of Digimarc by 201.6% in the third quarter. FMR LLC now owns 4,983 shares of the information technology services provider’s stock valued at $134,000 after purchasing an additional 3,331 shares during the last quarter. Institutional investors and hedge funds own 66.85% of the company’s stock.

Wall Street Analyst Weigh In

DMRC has been the subject of several research reports. Needham & Company LLC reissued a “buy” rating and set a $40.00 price target on shares of Digimarc in a report on Friday, November 15th. StockNews.com raised shares of Digimarc to a “sell” rating in a research report on Tuesday, September 17th.

Digimarc Trading Up 3.7 %

NASDAQ DMRC opened at $41.56 on Wednesday. The company has a market cap of $890.22 million, a price-to-earnings ratio of -21.31 and a beta of 1.70. The company has a 50 day moving average of $36.00 and a 200-day moving average of $31.89. Digimarc Co. has a 1-year low of $21.00 and a 1-year high of $48.32.

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.