Goldman Sachs Group Inc. Lowers Position in Digimarc Corporation $DMRC

Goldman Sachs Group Inc. reduced its stake in Digimarc Corporation (NASDAQ:DMRC) by 20.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 68,528 shares of the information technology services provider’s stock after selling 17,683 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.32% of Digimarc worth $879,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc raised its position in Digimarc by 1,048.5% in the 1st quarter. Versant Capital Management Inc now owns 1,941 shares of the information technology services provider’s stock valued at $25,000 after buying an additional 1,772 shares during the last quarter. AlphaQuest LLC increased its position in shares of Digimarc by 423.5% during the 1st quarter. AlphaQuest LLC now owns 2,670 shares of the information technology services provider’s stock valued at $34,000 after purchasing an additional 2,160 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Digimarc by 3,888.2% during the 1st quarter. GAMMA Investing LLC now owns 5,743 shares of the information technology services provider’s stock valued at $74,000 after purchasing an additional 5,599 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Digimarc during the 1st quarter valued at $128,000. Finally, EntryPoint Capital LLC purchased a new stake in shares of Digimarc during the 1st quarter valued at $131,000. 66.85% of the stock is owned by hedge funds and other institutional investors.

Digimarc Price Performance

Shares of Digimarc stock opened at $10.57 on Tuesday. Digimarc Corporation has a 1 year low of $7.76 and a 1 year high of $48.32. The firm has a market cap of $229.16 million, a PE ratio of -5.78 and a beta of 1.43. The stock has a fifty day moving average price of $10.41 and a 200-day moving average price of $12.14.

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.