DMRC Digimarc Corporation Common Stock

XNAS 7.56 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

DMRC $7.56 —
Key stats
$7.56
52-Week Range
$4.07 – $17.47
YTD
+19.62%
IV Rank (30D)
58.7
Straddle Price
$2.45
P/C Vol Ratio
12.50
Market Cap
$0.2B
Open
$7.40
Day Range
$7.40 – $7.56
Volume
2,621
Prev Close
$7.47
Fair Value
+50.0% vs price

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.15%
Beta vs SPY1.57
Cost of Equity (CAPM)13.77% (VRP-adj)
WACC13.84%
Volatility Risk Premium+93.5pp (IV − HV30), ERP adj +50bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)-5.4%
DCF Horizon10 years explicit + fade
Free Cash Flow (TTM)$-0.0B
Return on Equity (TTM)-80.9%
Book / Price21.0%
Gross Margin (TTM)60.2%
FCF Margin (TTM)-27.1%
Debt / Equity0.00
Quality Score2/6 — normal (10y DCF)
SMA 50$5.98 (Market Anchor value)
SMA 20 / Bollinger Mid$6.23
Bollinger Width / SMA20812.5% (drives anchor stability)
Net Debt$-0.0B
Market Cap$0B
Peers used for multiples: AAPL, AMD, AVGO, CSCO, INTC, MSFT, MU, NVDA
Blended Fair Value
$16.90
Deviation
+50.0%
MethodImplied PriceWeightDetail
DCF n/a 0%
DDM (Gordon) n/a 0%
Peer P/E n/a 0% median 31.7× · 7 peers
Peer EV/EBITDA n/a 0% median 27.9× · 8 peers
Peer P/B $17.17 50% median 11.0× · 8 peers
Peer P/S $16.63 50% median 11.3× · 8 peers
Market Anchor (SMA50) $5.98 0% stability 0% (BB-width)
Options Expected (B-L 30d) n/a 0%
As of 2026-10-22 · updated
About
Industry (SIC)
SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN (7373) · industry map
Exchange
XNAS
Market Cap
$0.2B
Employees
110
List Date
1999-12-02
CIK
0002119322
Next Earnings
2026-10-29
Headquarters
Beaverton, OR
Homepage
https://www.digimarc.com

Digimarc Corp is a product digitization company delivering business value across industries through identities and cloud-based solutions. Its solutions are Anti-counterfeiting, Internal Compliance, Leak Detection, Piracy Prevention, Product Swap Prevention, Provenance & Authenticity (C2PA), Recycling, and Royalty Monitoring. The group offers services to various industries such as Consumer Packaged Goods, Government, Media, Pharmaceutical, and Retail.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan-17.86%-22.38%8.41%-0.03%-8.78%-3.01%-7.27%
Feb-9.74%-0.33%-1.69%-3.47%-55.01%-26.46%-16.12%
Mar-23.66%-9.88%-1.70%-22.94%-16.97%12.61%-10.42%
Apr8.35%-2.04%-16.39%-20.41%0.08%44.86%2.41%
May8.62%-36.12%80.68%22.95%-1.51%90.41%27.50%
Jun-0.80%-14.04%1.97%11.27%0.38%-49.97%-8.53%
Jul-13.84%7.89%-2.54%4.95%-12.01%-23.05%-6.43%
Aug2.06%17.78%8.27%-8.60%-23.70%-16.94%-3.52%
Sep16.12%-18.32%-6.04%-1.90%23.05%4.86%2.96%
Oct47.32%19.62%-18.61%18.33%-0.92%11.61%*12.89%
Nov-15.96%34.79%27.93%6.07%-19.66%--6.63%
Dec-7.95%-14.71%6.14%8.65%-13.57%---4.29%
Total-23.11%-46.47%76.83%3.91%-80.84%-17.09%-14.46%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $6.36
SMA 50: $5.98
SMA 200: $7.03
Current: $7.41
EMA 12: $6.84
EMA 26: $6.40
MACD: 0.4397 | Signal: 0.1521
BULLISH
ADX (14): 35.24
TREND
+DI: 31.77
−DI: 9.36

Momentum Oscillators

RSI (14): 65.62
NEUTRAL
Stoch %K: 81.03
Stoch %D: 87.64
Williams %R: -26.32

Volume & Volatility

BB Upper: $7.90
BB Lower: $4.82
NEUTRAL
OBV: -3,623,942
Vol SMA 20: 159,647
Vol ROC: -98.94%
ATR: $0.49
True Range: $0.12
HV 20: 97.8%
HV 30: 87.1%
HV 60: 81.1%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Here is my comprehensive stock analysis report for DMRC:

Executive Summary

Overall Assessment: BEARISH (Confidence Level: 7/10) Key Drivers and Primary Risks:

  1. Technical signals indicating a bearish trend, with MACD in a bearish crossover.
  2. High volatility, beta above market average, which may lead to increased price swings.
  3. Recent negative news sentiment around class-action lawsuits and earnings misses.

Technical Analysis

Trend Direction: BEARISH (Short-term), NEUTRAL (Medium-term), BEARISH (Long-term) Support/Resistance Levels:

  1. SMA 20: $6.60 (support)
  2. SMA 50: $8.85 (resistance)
  3. Bollinger Bands Upper/Lower: $7.68/$5.52

Momentum Signals: RSI Interpretation: NEUTRAL (54.07) - not indicating oversold or overbought conditions. MACD Signal: BEARISH Crossover (-0.20 / 0.29) Bollinger Bands Position: NEUTRAL (Price touching middle band)

Volume Analysis: Volume trends indicate a neutral sentiment, with On-Balance Volume (OBV) showing a slight decline.

News & Sentiment Analysis

Recent Headlines Summary: The last 10 news articles are mostly negative, focusing on class-action lawsuits and earnings misses. Only one headline is neutral, discussing the market size of AI watermarking technology. Sentiment Assessment: NEGATIVE (Aggregate sentiment from recent news headlines) Catalyst Identification: None significant in the near-term Market Narrative: Recent negative news sentiment strongly contradicts technical signals indicating a bearish trend.

Risk & Volatility Assessment

Risk Assessment:

  1. High risk due to high volatility and beta above market average.
  2. Negative sentiment from class-action lawsuits may continue affecting stock price.

Volatility Regime: CURRENT VOLATILITY IS HIGH COMPARED TO HISTORICAL LEVELS

Options Market Signals: IV Rank: 32.2% (Medium) Put/Call Ratio: 1.07 (Neutral sentiment)

Downside Protection: Support levels and risk management considerations are crucial, as the stock may continue to decline.

Market Context & Positioning

Sector Performance: Relative strength vs sector/market: NEGATIVE

Institutional Activity: Volume patterns suggesting institutional interest is low.

Correlation Analysis: How stock moves relative to market (R-squared interpretation): -0.37 (Negative correlation)

Relative Valuation: The stock is trading below its 50-day and 200-day SMAs, indicating a potential buy opportunity if the trend reverses.

Key Levels & Action Items

Critical Price Levels:

  1. SMA 20: $6.60 (support)
  2. SMA 50: $8.85 (resistance)

Breakout/Breakdown Levels: None significant in the near-term

Time-Sensitive Catalysts: Earnings date: None available

Risk Management: Stop-loss levels and position sizing considerations are crucial, as the stock may continue to decline.

I hope this comprehensive analysis meets your requirements!

Generated
News
All DMRC news →
Showing 1–10 of 50
Page 1 of 5
Earnings History
1 of 1 under expected move
Avg Expected Move
23.08%
Avg Actual Move
6.96%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2026-08-13 unknown 23.08% 6.96% 0.30x Within

Earnings calendar: this week’s reports with expected vs actual moves →

DMRC Options Activity & IV Rank

DMRC IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 146.7%
7-DTE IV: —
Expected Move: $2.45
7-DTE Move: $2.45
Days to Exp: 29 (2026-11-20)

Options Flow

Call Volume: 4
Put Volume: 50
P/C Volume: 12.5
BEARISH
Call OI: 20
Put OI: 189
P/C OI: 9.45
Total OI: 209

ATM Options Pricing

ATM Call: $1.07
ATM Put: $1.38
Call %: 14.2%
Put %: 18.2%

Chain Summary

Chain Volume: 875
Chain OI: 4,989
Last Updated: 10/22/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 49th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
49%
vs own history
GEX tilt
+0.88
OI-weighted, today
Vanna tilt
+0.90
δ-sensitivity to IV
Charm tilt
-0.63
δ-decay vs time
Vanna tilt +0.90: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.63: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 4 ATM contracts, 1k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
No data
30 DTE / 10d —
— pts EXTREME
ATM 170.9% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)58.7MediumOct 22
Straddle Price (30 DTE)$2.45Oct 22
Beta Analysis

Risk Metrics

Beta: 2.1749
Alpha: -13.91%
Correlation: 0.3030
R-Squared: 9.2%
Stock Volatility: 91.2%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own DMRC
5 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Renaissance Technologies Hedge fund
Jim Simons
$1.0M
0.00%
#2302 of 3138-26.3%13F
Citadel Hedge fund
Ken Griffin
$791K
0.00%
#3969 of 6285new13F
Millennium Management Hedge fund
Izzy Englander
$277K
0.00%
#3381 of 3716new13F
Point72 Hedge fund
Steve Cohen
$142K
0.00%
#1811 of 1945new13F
Rockefeller Capital Management Family office
Rockefeller family
$80K
0.00%
#3109 of 4729new13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

DMRC Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 21,747,000 (as of 2026-03-31)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

104 filers15,968,115 shares$127.27M value73.43% of float
# Filer Shares Value % of Total % of Float Period
1 Altai Capital Management, L.P. 2,769,346 $22.76M 17.89% 12.73% 2026-06-30
2 Morgan Stanley Custodian 2,057,922 $16.92M 13.29% 9.46% 2026-06-30
3 Lagoda Investment Management, L.P. 1,140,450 $9.37M 7.37% 5.24% 2026-06-30
4 Kimelman & Baird, LLC 1,093,033 $8.98M 7.06% 5.03% 2026-06-30
5 BlackRock, Inc. Custodian 1,064,161 $8.75M 6.87% 4.89% 2026-06-30
6 Vanguard Group Inc Custodian 1,265,446 $8.30M 6.52% 5.82% 2025-12-31
7 Vanguard Capital Management LLC 711,481 $5.85M 4.60% 3.27% 2026-06-30
8 Silverberg Bernstein Capital Management LLC 749,681 $4.36M 3.43% 3.45% 2026-09-30
9 BBR PARTNERS, LLC 446,750 $3.67M 2.89% 2.05% 2026-06-30
10 Vanguard Portfolio Management LLC 438,768 $3.61M 2.83% 2.02% 2026-06-30
11 Geode Capital Management, LLC Custodian 399,504 $3.28M 2.58% 1.84% 2026-06-30
12 BEACONLIGHT CAPITAL, LLC 338,948 $2.79M 2.19% 1.56% 2026-06-30
13 D. E. Shaw & Co., Inc. Custodian 320,204 $2.63M 2.07% 1.47% 2026-06-30
14 State Street Corp 315,208 $2.59M 2.04% 1.45% 2026-06-30
15 Quantinno Capital Management LP 313,546 $2.58M 2.03% 1.44% 2026-06-30
16 UBS Group AG Custodian 234,882 $1.93M 1.52% 1.08% 2026-06-30
17 Bank of New York Mellon Corp Custodian 234,789 $1.93M 1.52% 1.08% 2026-06-30
18 Charles Schwab Investment Management, Inc. 145,637 $1.20M 0.94% 0.67% 2026-06-30
19 Northern Trust Corp Custodian 133,620 $1.10M 0.86% 0.61% 2026-06-30
20 RENAISSANCE TECHNOLOGIES LLC 123,100 $1.01M 0.80% 0.57% 2026-06-30
21 Vanguard Fiduciary Trust Co 117,875 $968.93K 0.76% 0.54% 2026-06-30
22 Marshall Wace, LLP Custodian 104,864 $861.98K 0.68% 0.48% 2026-06-30
23 AQR Capital Management, LLC Custodian 102,537 $842.85K 0.66% 0.47% 2026-06-30
24 Bryant Woods Investment Advisors, LLC 99,693 $819.48K 0.64% 0.46% 2026-06-30
25 Goldman Sachs Group Inc Custodian 98,187 $807.10K 0.63% 0.45% 2026-06-30
3 filers$2.03M notional
# Filer Notional Value % of Total Period
1 Citadel Advisors LLC Custodian $1.48M 73.18% 2026-06-30
2 Susquehanna International Group, LLP Custodian $296.74K 14.64% 2026-06-30
3 Caption Management, LLC $246.60K 12.17% 2026-06-30
1 filers$158.65K notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $158.65K 100.00% 2026-06-30

DMRC Insider Trading (Form 4)

Latest: 2026-10-01
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-01 Michael Park Director Award (A) +1,073 $5.82 $6.2K EDGAR
2026-10-01 LaShonda Anderson-Williams Director Award (A) +1,396 $5.82 $8.1K EDGAR
2026-10-01 Dana McIlwain Director Award (A) +1,396 $5.82 $8.1K EDGAR
2026-10-01 Sandeep Dadlani Director Award (A) +2,147 $5.82 $12.5K EDGAR
2026-08-18 Ken Sickles EVP, Chief Product Officer Mixed +915 $7.53 $6.9K EDGAR
2026-08-18 Charles Beck EVP, Chief Financial Officer Mixed −365 $7.53 -$2.7K EDGAR
2026-08-18 Carle Ann Quinn EVP, Chief Operating Officer Mixed −3,284 $7.53 -$24.7K EDGAR
2026-08-18 Tony Rodriguez EVP, Chief Technology Officer Mixed −429 $7.53 -$3.2K EDGAR
2026-08-05 Ron Thomas EVP, Chief Revenue Officer Grant (A) +192,000 RSU — EDGAR
2026-07-08 Paul Carreiro Chief Executive Officer Grant (A) +1,060,000 RSU — EDGAR
2026-07-07 riley mccormack Chief Executive Officer Award (A) +64,146 — EDGAR
2026-07-01 Michael Park Director Award (A) +760 $8.22 $6.2K EDGAR
2026-07-01 Dana McIlwain Director Award (A) +988 $8.22 $8.1K EDGAR
2026-07-01 Sandeep Dadlani Director Award (A) +1,520 $8.22 $12.5K EDGAR
2026-07-01 LaShonda Anderson-Williams Director Award (A) +988 $8.22 $8.1K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

DMRC Insider Holdings

15 insiders · @ $7.41
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 riley mccormack Chief Executive Officer 3,869,045 $28.67M $732.5K 10 2026-07-07
2 Rishi Bajaj Director 2,808,392 $20.81M $0 4 2026-05-04
3 Carle Ann Quinn EVP, Chief Operating Officer 183,454 $1.36M $0 9 2026-08-18
4 Charles Beck EVP, Chief Financial Officer 122,694 $909.2K -$321.7K 58 2026-08-18
5 Tony Rodriguez EVP, Chief Technology Officer 99,299 $735.8K -$793.9K 51 2026-08-18
6 TCM Strategic Partners L.P. 10%+ Owner 91,730 $679.7K -$3.59M 3 2026-06-18
7 Ken Sickles EVP, Chief Product Officer 72,508 $537.3K $20.0K 20 2026-08-18
8 Sandeep Dadlani Director 60,041 $444.9K $7.8K 23 2026-10-01
9 Kathleen Kool Director 46,339 $343.4K -$72.1K 10 2026-05-01
10 George Karamanos EVP, Chief Legal Officer 44,542 $330.1K $0 9 2026-02-17
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

DMRC Board & Officers

As of SEC filings through Oct 1, 2026

Directors 8

Officers 7

  • riley mccormack · Chief Executive Officer · listed since Feb 2023
  • Paul Carreiro · Chief Executive Officer · since Jul 6, 2026
  • Charles Beck · EVP, Chief Financial Officer · listed since Feb 2023
  • Carle Ann Quinn · EVP, Chief Operating Officer · since Jun 3, 2025
  • Tony Rodriguez · EVP, Chief Technology Officer · listed since May 2019
  • Ken Sickles · EVP, Chief Product Officer · since May 13, 2022
  • Ron Thomas · EVP, Chief Revenue Officer · since Aug 3, 2026

10% owners 5

Changes in the last 10 years (47)
Sep 30, 2026Ocho Investments LLC became a 10% owner
Sep 30, 2026Andris Upitis became a 10% owner
Aug 3, 2026Ron Thomas became EVP, Chief Revenue Officer
Jul 6, 2026Paul Carreiro became Chief Executive Officer
Feb 9, 2026The company announced the departure of George Karamanos as EVP, Chief Legal Officer in an SEC filing
Aug 11, 2025The company announced the departure of Thomas Benton as EVP, Chief Revenue Officer in an SEC filing
Jul 29, 2025Rishi Bajaj became a director (predecessor company)
Jul 29, 2025Rishi Bajaj became a 10% owner (predecessor company)
Jul 28, 2025Altai Capital Management, L.P. became a 10% owner (predecessor company)
Jun 3, 2025Carle Ann Quinn became EVP, Chief Operating Officer (predecessor company)
Oct 1, 2024Sheila C. Cheston became a director (predecessor company)
Oct 1, 2024Dana McIlwain became a director (predecessor company)
Sep 28, 2024The company announced the departure of Milena Alberti-Perez from the board in an SEC filing
Apr 16, 2024The company announced the departure of Alicia Syrett from the board in an SEC filing
Apr 8, 2024George Karamanos became EVP, Chief Legal Officer (predecessor company)
Jan 9, 2024Michael Park became a director (predecessor company)
Jan 5, 2024The company announced the departure of Andrew Walter from the board in an SEC filing
Sep 25, 2023Thomas Benton became EVP, Chief Revenue Officer (predecessor company)
Jun 12, 2023LaShonda Anderson-Williams became a director (predecessor company)
Mar 15, 2023The company announced the departure of Ravi Kumar Singisetti from the board in an SEC filing
Not reported recently (10)
  • TCM Strategic GP LLC · Last reported as a 10% owner in an SEC filing dated Mar 19, 2025
  • TCM Strategic Partners L.P. · Last reported as a 10% owner in an SEC filing dated Mar 19, 2025
  • Joel Meyer · Last reported as EVP, Chief Legal Officer in an SEC filing dated Feb 20, 2024
  • Vincent C Smith · Last reported as a 10% owner in an SEC filing dated May 19, 2022
  • James T Richardson · Last reported as a director in an SEC filing dated May 16, 2022
  • Bernard Whitney · Last reported as a director in an SEC filing dated Dec 22, 2020
  • Richard Langston King SR · Last reported as a director in an SEC filing dated Nov 12, 2020
  • Gary Destefano · Last reported as a director in an SEC filing dated May 4, 2020
  • Aimee Arana · Last reported as EVP, Sales & Business Dev in an SEC filing dated May 16, 2019
  • William J Miller · Last reported as a director in an SEC filing dated May 2, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
ETF Holders
20 ETFs hold DMRC
20 shown · $12.48M total exposure · 0.00% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $3.0M — 2026-09-30
2 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.00% $2.9M $75.1B 2026-10-20
3 VGT Vanguard Information Technology ETF Vanguard 0.00% $2.0M — 2026-09-30
4 SCHA Schwab U.S. Small-Cap ETF Nport 0.01% $1.2M — 2026-05-31
5 VXF Vanguard Extended Market ETF Vanguard 0.00% $1.2M — 2026-09-30
6 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.01% $951,880 $13.6B 2026-10-20
7 VTWO Vanguard Russell 2000 ETF Vanguard 0.00% $459,675 — 2026-09-30
8 IWC iShares Micro-Cap ETF iShares (BlackRock) 0.03% $313,560 $1.2B 2026-10-20
9 SCHB Schwab U.S. Broad Market ETF Nport 0.00% $294,000 — 2026-05-31
10 VTWG Vanguard Russell 2000 Growth ETF Vanguard 0.01% $85,659 — 2026-09-30
11 RSSL Global X Russell 2000 ETF Global X 0.00% $48,966 — 2026-10-21
12 IWV iShares Russell 3000 ETF iShares (BlackRock) 0.00% $42,422 $20.6B 2026-10-20
13 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.00% $19,225 — 2026-10-20
14 MSSM Morgan Stanley Pathway Small-Mid Cap Equity ETF Nport 0.00% $8,717 — 2026-05-31
15 VTHR Vanguard Russell 3000 ETF Vanguard 0.00% $6,699 — 2026-09-30
16 ITWO ProShares Russell 2000 High Income ETF ProShares 0.00% $5,871 — 2026-10-21
17 URTY ProShares UltraPro Russell2000 ProShares 0.00% $4,572 — 2026-10-21
18 UWM ProShares Ultra Russell2000 ProShares 0.00% $2,951 — 2026-10-21
19 HDG ProShares Hedge Replication ETF ProShares 0.00% $120 — 2026-10-21
20 RB ProShares Russell 2000 Dynamic Buffer ETF ProShares 0.01% $60 — 2026-10-21
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
$-1.27
TTM Revenue
$32.12M
TTM Net Income
$-27.55M
TTM Op. Cash Flow
$-8.14M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q1 '262026-03-31$7.58M$-6.97M$-0.32$-1.85M
Q4 '252025-12-31$8.91M$-4.21M$-0.19$991.00K
Q3 '252025-09-30$7.63M$-8.15M$-0.38$-2.60M
Q2 '252025-06-30$8.01M$-8.22M$-0.38$-4.69M
Q1 '252025-03-31$9.37M$-11.73M$-0.55$-5.49M
Q4 '242024-12-31$8.66M$-8.65M$-0.40$-4.24M
Q3 '242024-09-30$9.44M$-10.75M$-0.50$-7.08M
Q2 '242024-06-30$10.38M$-9.27M$-0.43$-6.83M
Q1 '242024-03-31$9.94M$-10.34M$-0.50$-8.42M
Q4 '232023-12-31$9.28M$-10.57M$-0.50$-5.32M
Q3 '232023-09-30$8.99M$-10.72M$-0.53$-189.00K
Q2 '232023-06-30$8.73M$-10.62M$-0.53$-7.75M
Q1 2026 • period ending 2026-03-31 • filed 2026-05-13
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
4.82
P/S
5.11
EV/EBITDA
—
EV/Sales
4.83
ROE
-80.9%
ROA
-56.8%
Div Yield
0.00%
FCF Yield
-4.96%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$164.08M
as of 2026-10-22
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
2.55M
SI % of Float
15.54%
Days to Cover
14.13
Short Vol Ratio
39.1%
Free Float
16.42M
Float %
73.8%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-09-30