Datawatch Corporation (NASDAQ:DWCH) CEO Michael Anthony Morrison sold 24,426 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $10.07, for a total transaction of $245,969.82. Following the transaction, the chief executive officer now directly owns 147,465 shares in the company, valued at approximately $1,484,972.55. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Datawatch Corporation (NASDAQ:DWCH) remained flat at $$10.10 during trading hours on Wednesday. 25,894 shares of the stock traded hands, compared to its average volume of 156,977. Datawatch Corporation has a fifty-two week low of $5.25 and a fifty-two week high of $12.65.

Datawatch Corporation (NASDAQ:DWCH) last posted its quarterly earnings data on Wednesday, November 1st. The technology company reported ($0.01) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.03). Datawatch Corporation had a negative net margin of 11.01% and a negative return on equity of 6.84%. The business had revenue of $10.20 million for the quarter, compared to the consensus estimate of $9.49 million. The business’s revenue for the quarter was up 18.6% on a year-over-year basis.

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Several large investors have recently bought and sold shares of DWCH. Bank of New York Mellon Corp boosted its position in shares of Datawatch Corporation by 10.4% during the 1st quarter. Bank of New York Mellon Corp now owns 17,546 shares of the technology company’s stock valued at $148,000 after purchasing an additional 1,649 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Datawatch Corporation by 34.2% during the 1st quarter. Renaissance Technologies LLC now owns 224,600 shares of the technology company’s stock valued at $1,887,000 after purchasing an additional 57,200 shares in the last quarter. KCG Holdings Inc. boosted its position in shares of Datawatch Corporation by 5.7% during the 1st quarter. KCG Holdings Inc. now owns 17,390 shares of the technology company’s stock valued at $146,000 after purchasing an additional 939 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Datawatch Corporation by 25.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 21,276 shares of the technology company’s stock valued at $179,000 after purchasing an additional 4,357 shares in the last quarter. Finally, Essex Investment Management Co. LLC boosted its position in shares of Datawatch Corporation by 35.8% during the 2nd quarter. Essex Investment Management Co. LLC now owns 203,130 shares of the technology company’s stock valued at $1,889,000 after purchasing an additional 53,520 shares in the last quarter. Institutional investors own 40.13% of the company’s stock.

Several equities analysts have commented on DWCH shares. Canaccord Genuity reissued a “hold” rating and set a $10.00 target price on shares of Datawatch Corporation in a research note on Monday, October 30th. Zacks Investment Research cut shares of Datawatch Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, September 19th.

About Datawatch Corporation

Datawatch Corporation is engaged in the design, development, marketing, distribution and support of business computer software primarily for the self-service data preparation and visual data discovery markets. The Company also provides services, including implementation and support of its software products, as well as training on their use and administration.

Insider Buying and Selling by Quarter for Datawatch Corporation (NASDAQ:DWCH)

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