Silverberg Bernstein Capital Management LLC Has $3.83 Million Stock Position in Digimarc Corporation $DMRC

Silverberg Bernstein Capital Management LLC increased its stake in Digimarc Corporation (NASDAQ:DMRC) by 7.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 779,255 shares of the information technology services provider’s stock after purchasing an additional 55,110 shares during the period. Digimarc makes up 2.1% of Silverberg Bernstein Capital Management LLC’s holdings, making the stock its 13th biggest holding. Silverberg Bernstein Capital Management LLC owned 3.53% of Digimarc worth $3,826,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of DMRC. Millennium Management LLC raised its holdings in shares of Digimarc by 123.1% during the 4th quarter. Millennium Management LLC now owns 268,986 shares of the information technology services provider’s stock worth $1,765,000 after buying an additional 148,435 shares in the last quarter. Jane Street Group LLC boosted its stake in Digimarc by 915.0% in the first quarter. Jane Street Group LLC now owns 69,538 shares of the information technology services provider’s stock valued at $891,000 after buying an additional 62,687 shares in the last quarter. Kimelman & Baird LLC boosted its stake in Digimarc by 7.2% in the fourth quarter. Kimelman & Baird LLC now owns 680,817 shares of the information technology services provider’s stock valued at $4,466,000 after buying an additional 45,447 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Digimarc by 163.8% in the third quarter. BNP Paribas Financial Markets now owns 65,196 shares of the information technology services provider’s stock valued at $637,000 after buying an additional 40,483 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Digimarc by 31.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 161,024 shares of the information technology services provider’s stock valued at $1,056,000 after acquiring an additional 38,358 shares during the last quarter. Institutional investors and hedge funds own 66.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Digimarc in a research note on Monday, April 20th. Needham & Company LLC lifted their price target on shares of Digimarc from $10.00 to $15.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Finally, Wall Street Zen upgraded shares of Digimarc from a “sell” rating to a “hold” rating in a research report on Saturday, March 14th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $15.00.

Digimarc Stock Performance

Shares of NASDAQ DMRC opened at $9.58 on Friday. The firm has a 50 day moving average price of $10.10 and a two-hundred day moving average price of $7.55. The stock has a market cap of $213.06 million, a P/E ratio of -7.54 and a beta of 2.19. Digimarc Corporation has a 52-week low of $4.07 and a 52-week high of $17.47.

Digimarc (NASDAQ:DMRC) last issued its quarterly earnings data on Tuesday, May 12th. The information technology services provider reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.36) by $0.29. The company had revenue of $7.58 million for the quarter, compared to analysts’ expectations of $7.05 million. Digimarc had a negative net margin of 85.75% and a negative return on equity of 21.81%.

About Digimarc

Digimarc Corporation is a technology company specializing in digital identification and authentication solutions. Its core offering centers on embedding imperceptible digital watermarks into images, audio, video and packaging materials. These watermarks carry unique identifiers that enable secure tracking, brand protection and content provenance across print and digital channels.

The company’s product suite includes software development kits and cloud-based services that allow enterprises to integrate digital watermarking into their existing workflows.