Digimarc Ownership

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

Recent Insider Transactions

NasdaqGS:DMRC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
20 Jun 24	SellUS$27,211	Thomas Benton	Individual	1,057	US$25.74
21 May 24	SellUS$61,585	Alicia Syrett	Individual	2,346	US$26.49
15 May 24	SellUS$38,225	Alicia Syrett	Individual	1,500	US$25.48
14 May 24	SellUS$75,814	Alicia Syrett	Individual	3,000	US$25.27
13 May 24	SellUS$72,060	Kathleen Kool	Individual	3,000	US$24.02
13 May 24	SellUS$105,741	Alicia Syrett	Individual	4,500	US$24.20
07 May 24	SellUS$34,307	Alicia Syrett	Individual	1,500	US$22.87
28 Mar 24	SellUS$53,820	Tony Rodriguez	Individual	2,000	US$26.91
11 Mar 24	SellUS$151,092	Milena Alberti-Perez	Individual	4,900	US$30.84

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of DMRC?
Owner Type	Number of Shares	Ownership Percentage
General Public	2,705,886	12.6%
Hedge Funds	2,769,346	12.9%
Individual Insiders	6,420,370	30%
Institutions	9,511,202	44.4%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.8%.

Top Shareholders

Top 25 shareholders own 80.61% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
17.7%	Riley McCormack	3,786,739	US$139.8m	0%	no data
12.9%	Altai Capital Management, L.P.	2,769,346	US$102.2m	0.78%	79.52%
10.4%	Vincent Smith	2,225,672	US$82.2m	0%	no data
6.09%	The Vanguard Group, Inc.	1,303,253	US$48.1m	6.98%	no data
5.58%	BlackRock, Inc.	1,195,343	US$44.1m	4.72%	no data
3.74%	BeaconLight Capital, LLC	801,084	US$29.6m	3.41%	11.58%
2.75%	Lagoda Investment Management, L.P.	588,525	US$21.7m	-15.3%	11.05%
2.72%	Kimelman & Baird, LLC	581,755	US$21.5m	-1.15%	1.66%
2.71%	Baillie Gifford & Co.	580,433	US$21.4m	-2.99%	0.01%
2.15%	Silverberg Bernstein Capital Management LLC	459,933	US$17.0m	4.04%	14.65%
2.13%	Woodson Capital Management, LP	455,664	US$16.8m	18.5%	2.89%
1.77%	State Street Global Advisors, Inc.	378,379	US$14.0m	-3.56%	no data
1.68%	Private Advisor Group, LLC	359,714	US$13.3m	2.22%	0.08%
1.66%	Geode Capital Management, LLC	354,738	US$13.1m	-0.62%	no data
1.07%	BNY Asset Management	228,077	US$8.4m	-4.95%	no data
0.93%	Glenview Capital Management, LLC	199,249	US$7.4m	-31.7%	0.16%
0.73%	Northern Trust Global Investments	156,992	US$5.8m	3.88%	no data
0.72%	Prelude Capital Management, LLC	155,040	US$5.7m	2.28%	0.44%
0.56%	Charles Schwab Investment Management, Inc.	120,646	US$4.5m	3.25%	no data
0.55%	Curi RMB Capital, LLC	117,821	US$4.3m	0.72%	0.09%
0.5%	Morgan Stanley, Investment Banking and Brokerage Investments	108,039	US$4.0m	43.5%	no data
0.4%	Joel Meyer	86,035	US$3.2m	0%	no data
0.39%	Landmark Wealth Management, LLC	83,641	US$3.1m	19.2%	0.72%
0.39%	Knott Partners Management, LLC	83,557	US$3.1m	0%	1.06%
0.35%	Samjo Management, LLC	75,400	US$2.8m	20.8%	1.22%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 09:27
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 world class team 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 .

Analyst Sources

Digimarc Corporation is covered by 12 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
Robert Furlong	GARP Research & Securities Co.