DigimarcDMRC
Market Cap: $552M
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 Q2 SEC filings by fund managers ($100M+ AUM)
3,200% more call options, than puts
Call options by funds: $198K | Put options by funds: $6K
160% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 10
64% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 22
19% more funds holding
Funds holding: 84 [Q1] → 100 (+16) [Q2]
18% more capital invested
Capital invested by funds: $323M [Q1] → $381M (+$57.8M) [Q2]
1.85% more ownership
Funds ownership: 55.57% [Q1] → 57.41% (+1.85%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Needham Joshua Reilly 63% 1-year accuracy 49 / 78 met price target | 55%upside $40 | Buy Reiterated | 14 Aug 2024 |
Needham Joshua Reilly 63% 1-year accuracy 49 / 78 met price target | 55%upside $40 | Buy Upgraded | 24 Jun 2024 |