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Datawatch Corp (NASDAQ:DWCH) Director Christopher T. Cox purchased 35,000 shares of the company’s stock on the open market in a transaction dated Wednesday, February 19th. The stock was purchased at an average cost of $28.50 per share, with a total value of $997,500.00. Following the purchase, the director now directly owns 23,728 shares of the company’s stock, valued at approximately $676,248. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at William Blair initiated coverage on shares of Datawatch Corp in a research note on Monday. They set an “outperform” rating on the stock. Analysts at TheStreet downgraded shares of Datawatch Corp from a “hold” rating to a “sell” rating in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. Datawatch Corp currently has a consensus rating of “Buy” and an average price target of $38.00.

Datawatch Corp (NASDAQ:DWCH) traded down 0.53% during mid-day trading on Monday, hitting $32.19. The stock had a trading volume of 41,138 shares. Datawatch Corp has a 52-week low of $10.72 and a 52-week high of $38.70. The stock has a 50-day moving average of $30.59 and a 200-day moving average of $30.40. The company’s market cap is $275.3 million.

Datawatch Corp (NASDAQ:DWCH) last announced its earnings results on Wednesday, January 29th. The company reported ($1.98) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.18) by $1.80. The company had revenue of $8.81 million for the quarter, compared to the consensus estimate of $8.81 million. During the same quarter in the prior year, the company posted ($0.03) earnings per share. On average, analysts predict that Datawatch Corp will post $-0.72 earnings per share for the current fiscal year.

Datawatch Corporation Datawatch is engaged in the design, development, manufacture, marketing, and support of business computer software primarily for the operational reporting and data analysis, data integration, enterprise content management and business service management markets to allow organizations to access and analyze information in a more meaningful fashion.

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