Datawatch Co. (DWCH) CEO Sells $360,795.57 in Stock

Datawatch Co. (NASDAQ:DWCH) CEO Michael Anthony Morrison sold 35,687 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $10.11, for a total value of $360,795.57. Following the sale, the chief executive officer now owns 232,189 shares in the company, valued at approximately $2,347,430.79. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Michael Anthony Morrison also recently made the following trade(s):

  • On Wednesday, November 22nd, Michael Anthony Morrison sold 24,426 shares of Datawatch stock. The stock was sold at an average price of $10.07, for a total value of $245,969.82.

Datawatch Co. (NASDAQ DWCH) traded up $0.10 during trading hours on Tuesday, hitting $10.25. The stock had a trading volume of 59,589 shares, compared to its average volume of 97,660. The firm has a market cap of $125.65, a PE ratio of -48.81, a P/E/G ratio of 7.36 and a beta of 1.11. Datawatch Co. has a twelve month low of $6.80 and a twelve month high of $12.65.

Datawatch (NASDAQ:DWCH) last released its quarterly earnings data on Thursday, January 25th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.02) by $0.01. The business had revenue of $9.59 million during the quarter, compared to analysts’ expectations of $9.28 million. Datawatch had a negative return on equity of 3.81% and a negative net margin of 6.89%. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. research analysts expect that Datawatch Co. will post 0.07 earnings per share for the current fiscal year.

Several brokerages have weighed in on DWCH. Canaccord Genuity restated a “hold” rating and set a $10.00 price target on shares of Datawatch in a report on Monday, October 30th. TheStreet raised Datawatch from a “d” rating to a “c” rating in a research report on Friday, January 26th. Zacks Investment Research cut Datawatch from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. ValuEngine raised Datawatch from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. Finally, Craig Hallum set a $18.00 price objective on Datawatch and gave the stock a “buy” rating in a research report on Friday, January 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Datawatch has a consensus rating of “Hold” and a consensus target price of $13.33.

Several large investors have recently added to or reduced their stakes in the company. Allianz Asset Management GmbH boosted its position in shares of Datawatch by 147.5% during the 4th quarter. Allianz Asset Management GmbH now owns 277,394 shares of the technology company’s stock worth $2,635,000 after acquiring an additional 165,300 shares in the last quarter. EAM Investors LLC boosted its position in shares of Datawatch by 62.5% during the 3rd quarter. EAM Investors LLC now owns 240,709 shares of the technology company’s stock worth $2,780,000 after acquiring an additional 92,595 shares in the last quarter. Algert Global LLC boosted its position in shares of Datawatch by 8.9% during the 4th quarter. Algert Global LLC now owns 141,588 shares of the technology company’s stock worth $1,345,000 after acquiring an additional 11,560 shares in the last quarter. Cooper Creek Partners Management LLC acquired a new stake in shares of Datawatch in the 4th quarter valued at about $980,000. Finally, OxFORD Asset Management LLP boosted its position in shares of Datawatch by 87.7% in the 3rd quarter. OxFORD Asset Management LLP now owns 60,584 shares of the technology company’s stock valued at $686,000 after purchasing an additional 28,307 shares during the period. 39.80% of the stock is owned by institutional investors and hedge funds.

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Datawatch Company Profile

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 (NASDAQ:DWCH)

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