Woodson Capital Management LP Has $12.25 Million Stake in Digimarc Co. (NASDAQ:DMRC)

Woodson Capital Management LP boosted its holdings in shares of Digimarc Co. (NASDAQ:DMRC) by 18.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 455,664 shares of the information technology services provider’s stock after purchasing an additional 71,126 shares during the period. Digimarc comprises approximately 2.4% of Woodson Capital Management LP’s investment portfolio, making the stock its 19th biggest position. Woodson Capital Management LP’s holdings in Digimarc were worth $12,248,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Digimarc by 1.7% in the first quarter. Vanguard Group Inc. now owns 1,169,976 shares of the information technology services provider’s stock worth $31,800,000 after purchasing an additional 19,460 shares in the last quarter. Beaconlight Capital LLC increased its holdings in shares of Digimarc by 3.4% during the 3rd quarter. Beaconlight Capital LLC now owns 801,084 shares of the information technology services provider’s stock valued at $21,533,000 after acquiring an additional 26,425 shares during the last quarter. Kimelman & Baird LLC acquired a new position in shares of Digimarc during the 2nd quarter valued at about $18,249,000. Silverberg Bernstein Capital Management LLC lifted its holdings in Digimarc by 4.0% in the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 459,933 shares of the information technology services provider’s stock worth $12,363,000 after purchasing an additional 17,880 shares during the last quarter. Finally, Private Advisor Group LLC boosted its position in Digimarc by 2.2% during the third quarter. Private Advisor Group LLC now owns 359,714 shares of the information technology services provider’s stock worth $9,669,000 after purchasing an additional 7,806 shares during the period. 66.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. StockNews.com upgraded shares of Digimarc to a “sell” rating in a report on Tuesday, September 17th. Needham & Company LLC reiterated a “buy” rating and set a $40.00 price target on shares of Digimarc in a report on Friday, November 15th.

Digimarc Stock Performance

Shares of DMRC opened at $33.84 on Friday. The stock’s 50-day moving average price is $30.26 and its 200 day moving average price is $29.35. Digimarc Co. has a 12-month low of $21.00 and a 12-month high of $43.43.

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.