Digimarc (DMRC) Downgraded by BidaskClub to "Strong Sell"

Lloyd Doyle
February 25, 2018

In the last ninety days, insiders sold 29,444 shares of company stock worth $1,036,556. About 55,331 shares traded. Digimarc Corporation (NASDAQ:DMRC) has risen 20.66% since February 23, 2017 and is uptrending. It has outperformed by 5.69% the S&P500. Morgan Stanley upgraded the shares of DISH in report on Monday, January 23 to "Overweight" rating.

Since September 25, 2017, it had 0 buys, and 6 selling transactions for $6.90 million activity.

Among 20 analysts covering Dish Network Corp. (NASDAQ:CTXS), 12 have Buy rating, 3 Sell and 10 Hold. Therefore 52% are positive. WPP Group PLC had 301 analyst reports since July 27, 2015 according to SRatingsIntel. FBR Capital maintained Digimarc Corporation (NASDAQ:DMRC) on Thursday, February 22 with "Buy" rating. The firm earned "Overweight" rating on Thursday, November 19 by JP Morgan. The company was maintained on Friday, July 7 by Barclays Capital. The stock has "Neutral" rating by Atlantic Securities on Friday, May 27. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.6 average brokerage recommendation. The company has market cap of $303.84 million. The Company's Digimarc Discover, Digimarc Barcode and Intuitive Computing Platform are created to optimize the identification of consumer brand impressions, facilitating mobile-centric shopping. It now has negative earnings. The Company's platform includes means to embed Digimarc Barcodes, invisible and inaudible barcode-like information that is recognizable by smartphones, industrial scanners, and other computer interfaces into various forms of media content, including consumer product packaging.

The company realigned its sales and marketing efforts in 2017, increasing headcount from 180 at the end of 2016 to 207 as it works to build a controlled rollout of Barcode to key accounts, including Walmart (WMT), two other Top 10 retailers, and a handful of CPGs. Its up 0.74, from 1.57 in 2017Q2. Deutsche Bank AG boosted its holdings in shares of Digimarc by 89.4% during the fourth quarter. 9 funds opened positions while 28 raised stakes.

The stock of Digimarc Corporation (NASDAQ:DMRC) is a huge mover today! Lenox Wealth Mngmt invested 0% of its portfolio in Digimarc Corporation (NASDAQ:DMRC). Lafitte Capital Mgmt Limited Partnership holds 13,600 shares or 0.28% of its portfolio. Janney Montgomery Scott Limited has 0.03% invested in Digimarc Corporation (NASDAQ:DMRC) for 80,222 shares. Blair William And Co Il stated it has 78,090 shares or 0.02% of all its holdings. The California-based Wells Fargo And Mn has invested 0% in Digimarc Corporation (NASDAQ:DMRC). Citigroup invested 0% in Digimarc Corporation (NASDAQ:DMRC). State Common Retirement Fund holds 10,700 shares or 0% of its portfolio. Bank & Trust Of Montreal Can reported 124 shares stake. Polar Asset Mgmt Partners invested in 371,165 shares or 0.27% of the stock.

Given Digimarc Corporation's stronger consensus rating and higher possible upside, research analysts plainly believe Digimarc Corporation is more favorable than its peers. Therefore 86% are positive. Digimarc now has an average rating of Hold and an average price target of $43.75. Digimarc had 16 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Needham on Thursday, February 23 with "Buy". As per Thursday, April 21, the company rating was maintained by Goldman Sachs. Cowen & Co maintained it with "Buy" rating and $50.0 target in Tuesday, October 24 report. The rating was maintained by RBC Capital Markets on Sunday, September 17 with "Hold". Finally, Needham & Company LLC decreased their price target on shares of Digimarc from $42.00 to $38.00 and set a "buy" rating on the stock in a research report on Thursday. The firm earned "Buy" rating on Monday, March 6 by HSBC. The rating was maintained by Needham with "Buy" on Thursday, November 3.

Investors sentiment decreased to 1.1 in Q3 2017. Its the same as in 2017Q2.

Large investors have recently added to or reduced their stakes in the stock. BEGEMANN BRETT D sold 22,640 shares worth $2.72 million. It worsened, as 44 investors sold DISH shares while 119 reduced holdings. Clearbridge Ltd Liability Corp has 2.66 million shares for 0.14% of their portfolio. The Marathon Capital Management holds 71,900 shares with $2.63M value, up from 59,605 last quarter. 321.42 million shares or 4.04% more from 308.94 million shares in 2017Q2 were reported. Arrow Fincl Corp has 200 shares for 0% of their portfolio. Adams Natural Fund holds 150,400 shares. Deutsche Commercial Bank Ag has 12,088 shares. Moreover, Keybank National Association Oh has 0.04% invested in Monsanto Company (NYSE:MON). (NASDAQ:CTXS). Twin Tree Lp invested 0.03% in Citrix Systems, Inc. 15,600 were reported by California Public Employees Retirement Systems. The insider now directly owns 28,630 shares worth $760,127.

On 12/11/2017 Bruce L Davis, CEO, sold 9,444 with an average share price of $35.78 per share and the total transaction amounting to $337,906.32. Its up 254.38% from 16,000 shares previously.

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