News coverage about Digimarc (NASDAQ:DMRC) has been trending positive on Wednesday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Digimarc earned a daily sentiment score of 0.26 on Accern’s scale. Accern also assigned headlines about the information technology services provider an impact score of 46.8989837264023 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

DMRC has been the topic of several recent research reports. B. Riley reaffirmed a “buy” rating and issued a $44.00 price objective on shares of Digimarc in a report on Tuesday, November 14th. Cowen set a $50.00 price objective on shares of Digimarc and gave the company a “buy” rating in a report on Tuesday, October 24th. BidaskClub raised shares of Digimarc from a “sell” rating to a “hold” rating in a report on Thursday, December 21st. Finally, Zacks Investment Research raised shares of Digimarc from a “sell” rating to a “hold” rating in a report on Monday, October 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $45.33.

Shares of Digimarc (NASDAQ:DMRC) opened at $28.65 on Wednesday. The company has a market cap of $326.28, a price-to-earnings ratio of -12.73 and a beta of -1.35. Digimarc has a twelve month low of $24.20 and a twelve month high of $41.75.

In other news, CEO Bruce L. Davis sold 9,444 shares of the company’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $35.78, for a total value of $337,906.32. Following the sale, the chief executive officer now directly owns 87,014 shares of the company’s stock, valued at approximately $3,113,360.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Bruce L. Davis sold 5,000 shares of the company’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $36.29, for a total transaction of $181,450.00. Following the completion of the sale, the chief executive officer now directly owns 104,006 shares in the company, valued at $3,774,377.74. The disclosure for this sale can be found here. Insiders sold a total of 29,444 shares of company stock worth $1,036,556 over the last ninety days. Insiders own 7.50% of the company’s stock.

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About Digimarc

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.

Insider Buying and Selling by Quarter for Digimarc (NASDAQ:DMRC)

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