National Securities Corp Keeps Their Buy Rating on Digimarc Corp (DMRC)


In a report released today, Ilya Grozovsky from National Securities Corp maintained a Buy rating on Digimarc Corp (DMRC), with a price target of $43. The company’s shares opened today at $24.28.

According to TipRanks.com, Grozovsky is a 4-star analyst with an average return of 7.9% and a 55.9% success rate. Grozovsky covers the Technology sector, focusing on stocks such as Digital Turbine Inc, Mitek Systems Inc, and RumbleON Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Digimarc Corp with a $44 average price target.

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The company has a one-year high of $33.40 and a one-year low of $14.03. Currently, Digimarc Corp has an average volume of 86.65K.

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DMRC in relation to earlier this year. Last month, James T. Richardson, a Director at DMRC bought 7,500 shares for a total of $74,325.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Digimarc Corp. engages in the provision of media identification and management solutions. It develops solutions, license intellectual property and provides development services.

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