Datawatch Co. (NASDAQ:DWCH) CEO Michael Anthony Morrison sold 35,687 shares of the firm’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $10.11, for a total transaction of $360,795.57. Following the completion of the transaction, the chief executive officer now directly owns 232,189 shares of the company’s stock, valued at $2,347,430.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
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 shares were sold at an average price of $10.07, for a total transaction of $245,969.82.
Datawatch Co. (NASDAQ:DWCH) opened at $10.25 on Thursday. Datawatch Co. has a fifty-two week low of $6.90 and a fifty-two week high of $12.65. The firm has a market cap of $126.61, a price-to-earnings ratio of -46.59, a P/E/G ratio of 7.32 and a beta of 1.11.
A number of research analysts recently weighed in on the stock. TheStreet raised shares of Datawatch from a “d” rating to a “c” rating in a report on Friday, January 26th. Zacks Investment Research lowered shares of Datawatch from a “hold” rating to a “sell” rating in a report on Friday, January 26th. Craig Hallum set a $18.00 target price on shares of Datawatch and gave the company a “buy” rating in a report on Friday, January 5th. ValuEngine raised shares of Datawatch from a “sell” rating to a “hold” rating in a report on Sunday, December 31st. Finally, Canaccord Genuity reissued a “hold” rating and issued a $10.00 target price on shares of Datawatch in a report on Monday, October 30th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Datawatch currently has an average rating of “Hold” and an average target price of $13.33.
Hedge funds and other institutional investors have recently bought and sold shares of the business. EAM Investors LLC boosted its stake in Datawatch by 62.5% during the third quarter. EAM Investors LLC now owns 240,709 shares of the technology company’s stock worth $2,780,000 after buying an additional 92,595 shares during the period. Macquarie Group Ltd. purchased a new position in Datawatch during the third quarter worth $486,000. Algert Global LLC boosted its stake in Datawatch by 1,076.7% during the third quarter. Algert Global LLC now owns 130,028 shares of the technology company’s stock worth $1,502,000 after buying an additional 118,978 shares during the period. Goldman Sachs Group Inc. boosted its stake in Datawatch by 123.2% during the second quarter. Goldman Sachs Group Inc. now owns 47,495 shares of the technology company’s stock worth $442,000 after buying an additional 26,219 shares during the period. Finally, OxFORD Asset Management LLP purchased a new position in Datawatch during the second quarter worth $300,000. 39.80% of the stock is owned by institutional investors.
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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.
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