Digimarc Corp (NASDAQ:DMRC) Stock Price While Sentiment Dive

May 24, 2018 - By Vivian Park

Digimarc Corporation (NASDAQ:DMRC) Logo

Sentiment for Digimarc Corp (NASDAQ:DMRC)

Digimarc Corp (NASDAQ:DMRC) institutional sentiment decreased to 0.93 in Q4 2017. Its down -1.38, from 2.31 in 2017Q3. The ratio dropped, as 26 active investment managers started new or increased holdings, while 28 reduced and sold positions in Digimarc Corp. The active investment managers in our partner’s database reported: 5.70 million shares, up from 5.64 million shares in 2017Q3. Also, the number of active investment managers holding Digimarc Corp in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 5 Reduced: 23 Increased: 17 New Position: 9.

Digimarc Corporation provides media identification and management solutions to commercial entities and government clients in the United States and internationally. The company has market cap of $328.12 million. It primarily offers Digimarc Discover, and Digimarc Barcode and Intuitive Computing Platform that are designed to optimize the identification of various consumer brand impressions facilitating mobile-centric shopping. It currently has negative earnings. The companyÂ’s solutions identifies, tracks, manages, and protects content; and enables new consumer applications to access networks and information from personal computers and mobile devices.

It closed at $29.05 lastly. It is down 1.96% since May 24, 2017 and is downtrending. It has underperformed by 13.51% the S&P500.

Analysts await Digimarc Corporation (NASDAQ:DMRC) to report earnings on July, 25. They expect $-0.81 EPS, down 19.12 % or $0.13 from last year’s $-0.68 per share. After $-0.72 actual EPS reported by Digimarc Corporation for the previous quarter, Wall Street now forecasts 12.50 % negative EPS growth.

Lagoda Investment Management L.P. holds 9.24% of its portfolio in Digimarc Corporation for 670,859 shares. Marathon Capital Management owns 71,725 shares or 1.01% of their US portfolio. Moreover, Hood River Capital Management Llc has 0.53% invested in the company for 253,004 shares. The New York-based Awm Investment Company Inc. has invested 0.36% in the stock. Berson & Corrado Investment Advisors Llc, a New York-based fund reported 9,371 shares.

Digimarc Corporation (NASDAQ:DMRC) Ratings Coverage

Ratings analysis reveals 100% of Digimarc Corp’s analysts are positive. Out of 3 Wall Street analysts rating Digimarc Corp, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $3500 while the high is $44.0. The stock’s average target of $40.67 is 40.00% above today’s ($29.05) share price. DMRC was included in 4 notes of analysts from February 16, 2018. The rating was maintained by Needham with “Buy” on Thursday, April 26. On Thursday, February 22 the stock rating was maintained by FBR Capital with “Buy”. The stock of Digimarc Corporation (NASDAQ:DMRC) has “Buy” rating given on Friday, February 16 by FBR Capital.

More important recent Digimarc Corporation (NASDAQ:DMRC) news were published by: Prnewswire.com which released: “Digimarc Sets May 2018 Financial Conference Schedule” on May 11, 2018, also Nasdaq.com published article titled: “Research Report Identifies Carolina Financial, Dicerna Pharmaceuticals, On Assignment, Digimarc, CIRCOR …”, Prnewswire.com published: “Digimarc Announces Support for SmartLabel®” on May 14, 2018. More interesting news about Digimarc Corporation (NASDAQ:DMRC) was released by: Seekingalpha.com and their article: “Needham lowers its Digimarc target to 30% upside” with publication date: April 26, 2018.

Digimarc Corporation (NASDAQ:DMRC) Institutional Positions Chart

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