Digimarc Corporation (NASDAQ: DMRC) has recently received a number of price target changes and ratings updates:

  • 7/29/2017 – Digimarc Corporation had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $44.00 price target on the stock.
  • 7/27/2017 – Digimarc Corporation was given a new $50.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.
  • 7/25/2017 – Digimarc Corporation was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/24/2017 – Digimarc Corporation had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $44.00 price target on the stock.
  • 7/18/2017 – Digimarc Corporation was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “DIGIMARC CORPORATION based in Beaverton, Oregon, is a leading innovator and technology provider, enabling businesses and governments worldwide to enrich everyday living by giving persistent digital identities to all forms of media and objects. The company’s technology enables a wide range of solutions for enhancing traffic safety and national security, deterring fraud, counterfeiting and piracy, and enabling new digital media distribution and monetization models that provide consumers with more choice and access to content when, where and how they want it. Digimarc licenses its intellectual property to business partners across a range of industries, delivers solutions for protecting and managing digital images, and offers professional development services to bring strategic initiatives to market. “
  • 7/11/2017 – Digimarc Corporation was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/11/2017 – Digimarc Corporation was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “DIGIMARC CORPORATION based in Beaverton, Oregon, is a leading innovator and technology provider, enabling businesses and governments worldwide to enrich everyday living by giving persistent digital identities to all forms of media and objects. The company’s technology enables a wide range of solutions for enhancing traffic safety and national security, deterring fraud, counterfeiting and piracy, and enabling new digital media distribution and monetization models that provide consumers with more choice and access to content when, where and how they want it. Digimarc licenses its intellectual property to business partners across a range of industries, delivers solutions for protecting and managing digital images, and offers professional development services to bring strategic initiatives to market. “
  • 7/10/2017 – Digimarc Corporation had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $42.00 price target on the stock.
  • 7/10/2017 – Digimarc Corporation was given a new $50.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.
  • 7/7/2017 – Digimarc Corporation was downgraded by analysts at Craig Hallum from a “buy” rating to a “hold” rating.
  • 6/27/2017 – Digimarc Corporation had its price target raised by analysts at Cowen and Company from $45.00 to $50.00. They now have an “outperform” rating on the stock.
  • 6/19/2017 – Digimarc Corporation had its price target raised by analysts at Needham & Company LLC from $33.00 to $42.00. They now have a “buy” rating on the stock.

Digimarc Corporation (NASDAQ:DMRC) opened at 28.45 on Thursday. The company’s market cap is $306.41 million. Digimarc Corporation has a 12-month low of $24.20 and a 12-month high of $41.75. The stock’s 50 day moving average is $34.41 and its 200-day moving average is $29.76.

Digimarc Corporation (NASDAQ:DMRC) last announced its earnings results on Wednesday, July 26th. The information technology services provider reported ($0.68) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.68). Digimarc Corporation had a negative net margin of 107.49% and a negative return on equity of 32.18%. The business had revenue of $5.59 million during the quarter, compared to analysts’ expectations of $5.69 million. During the same quarter in the prior year, the company posted ($0.62) earnings per share. The firm’s revenue was up 2.4% on a year-over-year basis. Analysts predict that Digimarc Corporation will post ($2.69) earnings per share for the current fiscal year.

In related news, EVP Joel Meyer sold 7,000 shares of the stock in a transaction on Monday, May 15th. The shares were sold at an average price of $31.77, for a total transaction of $222,390.00. Following the completion of the transaction, the executive vice president now owns 70,121 shares in the company, valued at $2,227,744.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tony Rodriguez sold 2,000 shares of the stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $35.30, for a total transaction of $70,600.00. Following the transaction, the insider now owns 31,887 shares of the company’s stock, valued at approximately $1,125,611.10. The disclosure for this sale can be found here. Insiders have sold 17,000 shares of company stock valued at $601,820 in the last 90 days. 7.50% of the stock is currently owned by corporate insiders.

Digimarc Corporation (Digimarc) enables governments and enterprises to give digital identities to media and objects that computers can sense and recognize. The Company’s Digimarc Discover, Digimarc Barcode and Intuitive Computing Platform are designed to optimize the identification of consumer brand impressions, facilitating mobile-centric shopping.

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