Richard De J. Osborne Sells 18,000 Shares of Datawatch Corporation (NASDAQ:DWCH) Stock

Datawatch Corporation (NASDAQ:DWCH) Director Richard De J. Osborne sold 18,000 shares of the business’s stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $10.81, for a total value of $194,580.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Richard De J. Osborne also recently made the following trade(s):

  • On Tuesday, August 1st, Richard De J. Osborne sold 18,000 shares of Datawatch Corporation stock. The stock was sold at an average price of $11.27, for a total value of $202,860.00.
  • On Wednesday, July 26th, Richard De J. Osborne sold 34,000 shares of Datawatch Corporation stock. The stock was sold at an average price of $11.15, for a total value of $379,100.00.

Datawatch Corporation (NASDAQ:DWCH) opened at 9.80 on Friday. The stock has a 50 day moving average price of $10.08 and a 200 day moving average price of $8.52. Datawatch Corporation has a 52-week low of $5.25 and a 52-week high of $11.98. The firm’s market cap is $119.55 million.

Datawatch Corporation (NASDAQ:DWCH) last posted its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.08. The company had revenue of $9.10 million for the quarter, compared to analysts’ expectations of $8.83 million. Datawatch Corporation had a negative net margin of 14.74% and a negative return on equity of 10.87%. The company’s revenue for the quarter was up 23.0% compared to the same quarter last year. Equities analysts predict that Datawatch Corporation will post ($0.10) earnings per share for the current fiscal year.

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Several equities analysts have recently commented on the company. Zacks Investment Research raised Datawatch Corporation from a “hold” rating to a “strong-buy” rating and set a $12.00 target price on the stock in a research report on Friday, July 21st. Canaccord Genuity upped their target price on Datawatch Corporation from $8.50 to $10.00 and gave the company a “hold” rating in a research report on Thursday, July 20th. ValuEngine raised Datawatch Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, National Securities raised Datawatch Corporation from a “neutral” rating to a “buy” rating in a research report on Friday, April 21st.

Several large investors have recently bought and sold shares of the company. Renaissance Technologies LLC boosted its stake in Datawatch Corporation by 120.0% in the fourth quarter. Renaissance Technologies LLC now owns 167,400 shares of the technology company’s stock worth $921,000 after buying an additional 91,300 shares during the period. Essex Investment Management Co. LLC boosted its stake in Datawatch Corporation by 32.6% in the first quarter. Essex Investment Management Co. LLC now owns 149,610 shares of the technology company’s stock worth $1,257,000 after buying an additional 36,786 shares during the period. Bank of New York Mellon Corp boosted its stake in Datawatch Corporation by 10.4% in the first quarter. Bank of New York Mellon Corp now owns 17,546 shares of the technology company’s stock worth $148,000 after buying an additional 1,649 shares during the period. EAM Investors LLC bought a new stake in Datawatch Corporation during the first quarter worth approximately $620,000. Finally, Royce & Associates LP boosted its stake in Datawatch Corporation by 9.1% in the first quarter. Royce & Associates LP now owns 101,603 shares of the technology company’s stock worth $853,000 after buying an additional 8,440 shares during the period. 39.77% of the stock is currently owned by institutional investors.

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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