Digimarc Corporation (DMRC) Earns Daily Media Impact Rating of 0.08

Press coverage about Digimarc Corporation (NASDAQ:DMRC) has trended somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Digimarc Corporation earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the information technology services provider an impact score of 46.3802687750327 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

Digimarc Corporation (NASDAQ:DMRC) traded up 4.53% during midday trading on Tuesday, reaching $32.30. The company had a trading volume of 84,531 shares. The stock’s 50 day moving average is $29.79 and its 200 day moving average is $30.49. The firm’s market capitalization is $347.87 million. Digimarc Corporation has a 12-month low of $24.20 and a 12-month high of $41.75.

Digimarc Corporation (NASDAQ:DMRC) last posted its quarterly earnings data on Wednesday, July 26th. The information technology services provider reported ($0.68) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.68). Digimarc Corporation had a negative return on equity of 32.18% and a negative net margin of 107.49%. The business had revenue of $5.59 million for the quarter, compared to analysts’ expectations of $5.69 million. During the same quarter in the previous year, the firm earned ($0.62) earnings per share. The business’s revenue was up 2.4% on a year-over-year basis. Equities research analysts expect that Digimarc Corporation will post ($2.68) earnings per share for the current year.

DMRC has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Digimarc Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. BidaskClub cut Digimarc Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. B. Riley restated a “buy” rating and issued a $44.00 price target on shares of Digimarc Corporation in a research note on Saturday, July 29th. Cowen and Company increased their price target on Digimarc Corporation from $45.00 to $50.00 and gave the company an “outperform” rating in a research note on Tuesday, June 27th. Finally, ValuEngine upgraded Digimarc Corporation from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. Digimarc Corporation has a consensus rating of “Hold” and a consensus target price of $45.75.

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In other Digimarc Corporation news, CEO Bruce L. Davis sold 4,300 shares of the business’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $38.67, for a total value of $166,281.00. Following the sale, the chief executive officer now directly owns 57,144 shares in the company, valued at $2,209,758.48. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Tony Rodriguez sold 2,000 shares of the business’s stock in a transaction on Monday, June 19th. The shares were sold at an average price of $37.75, for a total value of $75,500.00. Following the completion of the sale, the insider now owns 29,887 shares in the company, valued at $1,128,234.25. The disclosure for this sale can be found here. In the last three months, insiders sold 8,000 shares of company stock worth $308,830. Insiders own 7.50% of the company’s stock.

Digimarc Corporation Company Profile

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 Corporation (NASDAQ:DMRC)

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