Michael Anthony Morrison Sells 35,687 Shares of Datawatch Co. (DWCH) Stock

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.

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

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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About Datawatch

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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