DigimarcDMRC
About: Digimarc Corp is engaged in digital watermarking technologies. The Digimarc Illuminate platform is a distinctive software as a service (SaaS) cloud-based platform for digital connectivity that provides the tools for the application of digital watermarks and dynamic Quick Response (QR) codes, software (digital twins) that enables various systems and devices to interact with those data carriers, and a centralized platform for capturing insights about digital interactions and automating activities based on that information. The company generates revenue through commercial and government applications of its technology. The company derives its revenue from software development services, subscriptions for products and related services, and licensing of patents.
Employees: 248
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
133% more call options, than puts
Call options by funds: $1.35M | Put options by funds: $581K
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
0.82% less ownership
Funds ownership: 57.77% [Q2] → 56.95% (-0.82%) [Q3]
6% less funds holding
Funds holding: 100 [Q2] → 94 (-6) [Q3]
15% less capital invested
Capital invested by funds: $383M [Q2] → $327M (-$55.8M) [Q3]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Needham Joshua Reilly 69% 1-year accuracy 60 / 87 met price target | 8%upside $40 | Buy Reiterated | 15 Nov 2024 |