Digimarc CEO Riley McCormack Sells Shares
Riley McCormack, CEO of Digimarc, sold 15,003 shares valued at $150,780.15.
Key Points
- On June 17, 2026, Digimarc CEO Riley McCormack sold 15,003 shares for $150,780.15.
- Digimarc Corporation, trading at $9.58, has a market cap of $212.6 million and a beta of 2.194.
- The company's forward P/E is not meaningful, as it is not profitable, and it has a revenue of $32.1 million.
Riley McCormack, CEO of Digimarc Corporation, sold 15,003 shares of the company on June 17, 2026. The transaction was valued at approximately $150,780.15, with each share sold at an average price of $10.05. This sale was not part of a pre-arranged trading plan.
Digimarc Corporation Stock Snapshot
Shares of NasdaqGS:DMRC traded around $9.58 recently. Digimarc Corporation, which specializes in digital identity and authentication solutions, has a market capitalization of about $212.6 million. The company is currently not profitable, as indicated by its negative forward P/E ratio. The stock's beta is 2.194, reflecting its volatility compared to the market. Over the past year, the stock has ranged from a low of $4.07 to a high of $17.47. The 50-day moving average is $9.89, while the 200-day moving average is $7.99.
Recent Earnings
Digimarc Corporation reported revenue of $32.1 million, experiencing a decline of 19.1% year-over-year. The company posted a net margin of -85.7% and a return on equity of -65.5%. The next earnings report is expected on August 13, 2026.
About Digimarc Corporation
Digimarc Corporation, headquartered in Beaverton, Oregon, offers digital identity and authentication solutions both in the United States and internationally. The company provides software subscriptions and development services, along with solutions for anti-counterfeiting, recycling, and digital compliance. Digimarc serves a variety of industries including retail, pharmaceuticals, and automotive. Under the leadership of CEO Mr. Riley Young McCormack, the company employs approximately 110 people.
Bottom Line
Riley McCormack's recent share sale is a notable transaction for Digimarc Corporation. Investors often track insider sales to gauge executives' confidence in their company's future. However, it's important to remember that such filings reflect past actions and may not indicate current insider sentiment. Digimarc continues to navigate challenges in achieving profitability, as reflected by its earnings and stock performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.