Digimarc Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:A427MG Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
18 Jun 26	Sell€1,009,258	Riley McCormack	Individual	111,437	€9.44
18 Jun 26	Sell€1,009,258	TCM Strategic L.P.	Company	111,437	€9.44
16 Jun 26	Sell€33,173	TCM Strategic L.P.	Company	3,512	€9.45
16 Jun 26	Sell€33,173	TCM Strategic L.P.	Company	3,512	€9.45

Insider Trading Volume

Insider Buying: A427MG insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of A427MG?
Owner Type	Number of Shares	Ownership Percentage
Hedge Funds	2,769,346	12.4%
Individual Insiders	3,140,362	14.1%
General Public	4,646,095	20.9%
Institutions	11,688,507	52.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 71.68% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.5%	Altai Capital Management, L.P.	2,769,346	€18.1m	0%	43.53%
10%	Vincent Smith	2,225,672	€14.6m	0%	no data
7.22%	Morgan Stanley AIP GP LP	1,606,189	€10.5m	0%	0.83%
5.96%	Ocho Investments LLC	1,325,000	€8.7m	18.8%	no data
4.78%	BlackRock, Inc.	1,064,161	€7.0m	-0.49%	no data
4.78%	Lagoda Investment Management, L.P.	1,062,800	€7.0m	53%	4.41%
3.73%	Vanguard Capital Management, LLC	829,356	€5.4m	-6.62%	no data
3.59%	Silverberg Bernstein Capital Management LLC	798,422	€5.2m	2.46%	2.39%
2.01%	BBR Partners, LLC	446,750	€2.9m	-13.6%	0.14%
1.97%	Vanguard Portfolio Management, LLC	438,768	€2.9m	4.89%	no data
1.94%	BeaconLight Capital, LLC	431,772	€2.8m	0%	1.47%
1.82%	Morgan Stanley Investment Management Inc.	404,278	€2.6m	0%	no data
1.8%	Geode Capital Management, LLC	399,504	€2.6m	-6.29%	no data
1.49%	D. E. Shaw & Co., L.P.	331,409	€2.2m	9.87%	no data
1.41%	Quantinno Capital Management LP	313,546	€2.1m	6.92%	no data
1.06%	UBS Asset Management AG	234,882	€1.5m	-31%	no data
1.06%	BNY Asset Management	234,789	€1.5m	-0.01%	no data
0.74%	Carle Quinn	165,720	€1.1m	19.4%	no data
0.7%	Charles Schwab Investment Management, Inc.	155,854	€1.0m	0%	no data
0.6%	Northern Trust Global Investments	133,620	€874.0k	-5.51%	no data
0.58%	Riley McCormack	128,805	€842.5k	-94.8%	no data
0.55%	Renaissance Technologies LLC	123,100	€805.2k	-26.3%	no data
0.53%	Charles Beck	117,310	€767.3k	34.2%	no data
0.47%	Marshall Wace LLP	104,864	€685.9k	-61.4%	no data
0.45%	Landmark Wealth Management, LLC	99,693	€652.1k	3.95%	0.09%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/16 16:11
End of Day Share Price	2026/05/19 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Digimarc Corporation is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Crawford	B. Riley Securities, Inc.
Jeffrey Van Rhee	Craig-Hallum Capital Group LLC
Saliq Khan	Imperial Capital