Datawatch Corp. (DWCH) Major Shareholder G2 Investment Partners Managem Purchases 124,678 Shares
Datawatch Corp. (NASDAQ:DWCH) major shareholder G2 Investment Partners Managem purchased 124,678 shares of the stock in a transaction that occurred on Tuesday, November 8th. The shares were acquired at an average cost of $6.37 per share, for a total transaction of $794,198.86. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
G2 Investment Partners Managem also recently made the following trade(s):
- On Monday, November 7th, G2 Investment Partners Managem purchased 10,000 shares of Datawatch Corp. stock. The shares were acquired at an average cost of $6.09 per share, for a total transaction of $60,900.00.
Shares of Datawatch Corp. (NASDAQ:DWCH) remained flat at $6.75 during midday trading on Thursday. The stock had a trading volume of 51,309 shares. The company’s market cap is $80.05 million. The company has a 50 day moving average price of $7.29 and a 200 day moving average price of $6.15. Datawatch Corp. has a 12 month low of $3.10 and a 12 month high of $8.00.
Separately, Zacks Investment Research downgraded shares of Datawatch Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, September 29th.
Several institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp increased its position in shares of Datawatch Corp. by 1.8% in the second quarter. Bank of New York Mellon Corp now owns 18,197 shares of the company’s stock worth $101,000 after buying an additional 327 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Datawatch Corp. by 0.4% in the second quarter. Dimensional Fund Advisors LP now owns 67,721 shares of the company’s stock worth $375,000 after buying an additional 303 shares during the period. G2 Investment Partners Management LLC bought a new position in shares of Datawatch Corp. during the second quarter worth $500,000. Emerald Acquisition Ltd. bought a new position in shares of Datawatch Corp. during the second quarter worth $558,000. Finally, Royce & Associates LP increased its position in shares of Datawatch Corp. by 4.4% in the first quarter. Royce & Associates LP now owns 115,385 shares of the company’s stock worth $571,000 after buying an additional 4,855 shares during the period. 27.23% of the stock is currently owned by institutional investors.
Datawatch Corp. Company Profile
Datawatch Corporation provides visual data discovery software. The Company is engaged in the design, development, marketing, distribution and support of business computer software primarily for the visual data discovery market. Its line of visual data discovery solutions includes Datawatch Desktop, Datawatch Server, Datawatch Modeler, Datawatch Automator, Datawatch RMS and Datawatch Report Manager OnDemand (RMOD).
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