The EVP, CLO & Secretary of Digimarc Corp (DMRC) is Selling Shares


Today, the EVP, CLO & Secretary of Digimarc Corp (DMRC), Robert Chamness, sold shares of DMRC for $484.2K.

In addition to Robert Chamness, 3 other DMRC executives reported Sell trades in the last month. Following Robert Chamness’ last DMRC Sell transaction on May 09, 2019, the stock climbed by 0.5%.

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Based on Digimarc Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $5.66 million and GAAP net loss of $8.46 million. In comparison, last year the company earned revenue of $5.61 million and had a GAAP net loss of $8.11 million. Currently, Digimarc Corp has an average volume of 84.82K. The Company has a Price to Book ratio of 14.2033.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $43.33, reflecting a -23.9% downside.

The insider sentiment on Digimarc Corp has been negative according to 47 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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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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