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News: Digimarc Corporation’s Director Kool Kathleen reduceds 3,000 shares

CHWY Stock

Digimarc Corporation’s filing revealed that its Director Kool Kathleen unloaded Company’s shares for reported $72060.0 on May 13 ’24. In the deal valued at $24.02 per share,3,000 shares were sold. As a result of this transaction, Kool Kathleen now holds 21,383 shares worth roughly $0.54 million.

Then, Syrett Alicia sold 1,500 shares, generating $36,306 in total proceeds. Upon selling the shares at $24.20, the Director now owns 25,187 shares.

Before that, Syrett Alicia sold 3,000 shares. Digimarc Corporation shares valued at $69,435 were divested by the Director at a price of $23.15 per share. As a result of the transaction, Syrett Alicia now holds 26,687 shares, worth roughly $0.67 million.

Craig Hallum downgraded its Digimarc Corporation [DMRC] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who decreased its forecast for the stock in late May from “a Buy” to “a Hold”. B. Riley FBR also remained covering DMRC and has decreased its forecast on May 30, 2019 with a “Neutral” recommendation from previously “Buy” rating. National Securities revised its rating on May 06, 2019. It rated DMRC as “a Neutral” which previously was an “a Buy”.

Price Performance Review of DMRC

On Tuesday, Digimarc Corporation [NASDAQ:DMRC] saw its stock jump 5.05% to $25.19. Over the last five days, the stock has gained 9.62%. Digimarc Corporation shares have fallen nearly -30.26% since the year began. Nevertheless, the stocks have fallen -4.58% over the past one year. While a 52-week high of $43.43 was reached on 02/12/24, a 52-week low of $21.00 was recorded on 05/01/24. SMA at 50 days reached $25.32, while 200 days put it at $31.60. A total of 0.22 million shares were traded, compared to the trading of 0.14 million shares in the previous session.

Levels Of Support And Resistance For DMRC Stock

The 24-hour chart illustrates a support level at 24.37, which if violated will result in even more drops to 23.56. On the upside, there is a resistance level at 25.88. A further resistance level may holdings at 26.58. The Relative Strength Index (RSI) on the 14-day chart is 60.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.34, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.97%. Stochastics %K at 64.04% indicates the stock is a holding.

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