Curi RMB Capital LLC Trims Position in Digimarc Co. (NASDAQ:DMRC)

Curi RMB Capital LLC decreased its holdings in Digimarc Co. (NASDAQ:DMRC) by 57.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,333 shares of the information technology services provider’s stock after selling 67,488 shares during the quarter. Curi RMB Capital LLC’s holdings in Digimarc were worth $1,885,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC raised its position 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 worth $677,000 after acquiring an additional 17,788 shares in the last quarter. Moody National Bank Trust Division purchased a new stake in Digimarc in the fourth quarter worth $574,000. Raymond James Financial Inc. bought a new position in Digimarc in the fourth quarter worth $470,000. Allspring Global Investments Holdings LLC purchased a new position in Digimarc during the fourth quarter valued at $300,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Digimarc by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 122,654 shares of the information technology services provider’s stock valued at $4,593,000 after buying an additional 2,008 shares in the last quarter. Institutional investors own 66.85% of the company’s stock.

Digimarc Stock Up 1.0 %

Digimarc stock opened at $11.59 on Monday. The stock’s 50 day moving average is $17.26 and its 200 day moving average is $28.98. The company has a market capitalization of $249.74 million, a P/E ratio of -5.94 and a beta of 1.53. Digimarc Co. has a twelve month low of $10.44 and a twelve month high of $48.32.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC decreased their price target on shares of Digimarc from $40.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, February 27th.

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.