Deutsche Bank AG Has $2.27 Million Stake in Digimarc Co. (NASDAQ:DMRC)

Deutsche Bank AG raised its stake in shares of Digimarc Co. (NASDAQ:DMRC) by 9.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,658 shares of the information technology services provider’s stock after acquiring an additional 5,451 shares during the period. Deutsche Bank AG owned about 0.28% of Digimarc worth $2,272,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new position in Digimarc during the 4th quarter valued at $105,000. Tower Research Capital LLC TRC lifted its stake in Digimarc by 469.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,951 shares of the information technology services provider’s stock valued at $111,000 after acquiring an additional 2,433 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in Digimarc during the 4th quarter valued at $215,000. Independent Solutions Wealth Management LLC bought a new position in Digimarc during the 4th quarter valued at $232,000. Finally, Invesco Ltd. bought a new position in Digimarc during the 4th quarter valued at $244,000. 66.85% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC dropped their price objective on Digimarc from $40.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th.

Digimarc Trading Up 0.8%

Shares of NASDAQ:DMRC opened at $12.60 on Friday. Digimarc Co. has a 1-year low of $10.44 and a 1-year high of $48.32. The stock has a market cap of $271.56 million, a PE ratio of -6.46 and a beta of 1.44. The stock’s fifty day simple moving average is $12.84 and its two-hundred day simple moving average is $26.12.

Digimarc Company Profile

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.