Digimarc Corp (DMRC) Files Form 4 Insider Selling : Bruce L Davis Sells 5,000 Shares

Digimarc Corp (DMRC): Bruce L Davis , Chairman and CEO of Digimarc Corp sold 5,000 shares on Jul 1, 2016. The Insider selling transaction was reported by the company on Jul 1, 2016 to the Securities and Exchange Commission. The shares were sold at $31.40 per share for a total value of $157,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 1, 2016, Bruce L Davis (Chairman and CEO) sold 5,000 shares at $27.68 per share price.On Jul 29, 2015, Joel Meyer (EVP Intellectual Property) sold 5,000 shares at $41.27 per share price.

Digimarc Corp: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Digimarc Corp which led to swings in the share price. The shares opened for trading at $30.5 and hit $31.5999 on the upside , eventually ending the session at $30.85, with a gain of 1.58% or 0.48 points. The heightened volatility saw the trading volume jump to 79,140 shares. The 52-week high of the share price is $49.25 and the company has a market cap of $280 M . The 52-week low of the share price is at $21.8.

Digimarc Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Digimarc Corp is Initiated by Craig Hallum to Buy. The Rating was issued on Jun 17, 2016.

Digimarc Corporation (Digimarc) enables governments and enterprises to give digital identities to media and objects that computers can sense and recognize. The Company has a computing platform that is intended to optimize the identification of consumer brand impressions facilitating modern mobile-centric shopping. The platform includes means to infuse persistent digital information Digimarc IDs perceptible only to computers and digital devices into various forms of media content including consumer products packaging. Digimarc IDs for packaging referred to as Digimarc Barcodes facilitate scanning of items at retail checkout as well as improved interaction with consumers. Its technology permits computers and digital devices to identify data from large amounts of media content. Its business partners under patent or technology licenses are delivering digital watermarking solutions to track and monitor the distribution of music images television and movies to consumers.

Leave a Reply

Digimarc Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Digimarc Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.