Datawatch Corporation (NASDAQ:DWCH) COO Ken Tacelli sold 16,909 shares of the stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $11.18, for a total transaction of $189,042.62. Following the transaction, the chief operating officer now directly owns 68,091 shares of the company’s stock, valued at $761,257.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Ken Tacelli also recently made the following trade(s):

  • On Friday, May 5th, Ken Tacelli sold 8,091 shares of Datawatch Corporation stock. The shares were sold at an average price of $8.53, for a total transaction of $69,016.23.

Shares of Datawatch Corporation (DWCH) opened at 10.25 on Wednesday. The firm’s market cap is $125.04 million. The company’s 50-day moving average is $9.61 and its 200-day moving average is $8.24. Datawatch Corporation has a 12 month low of $5.25 and a 12 month high of $11.98.

Datawatch Corporation (NASDAQ:DWCH) last released its quarterly earnings data on Wednesday, July 19th. The technology company reported $0.02 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.08. Datawatch Corporation had a negative net margin of 14.74% and a negative return on equity of 10.87%. The firm had revenue of $9.10 million during the quarter, compared to analysts’ expectations of $8.83 million. The firm’s revenue for the quarter was up 23.0% on a year-over-year basis. On average, equities research analysts forecast that Datawatch Corporation will post ($0.10) earnings per share for the current fiscal year.

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A number of brokerages have issued reports on DWCH. Zacks Investment Research raised shares of Datawatch Corporation from a “hold” rating to a “strong-buy” rating and set a $12.00 target price for the company in a report on Friday, July 21st. Canaccord Genuity raised their price objective on shares of Datawatch Corporation from $8.50 to $10.00 and gave the stock a “hold” rating in a research note on Thursday, July 20th. National Securities raised shares of Datawatch Corporation from a “neutral” rating to a “buy” rating in a research note on Friday, April 21st. Finally, ValuEngine raised shares of Datawatch Corporation from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd.

Several large investors have recently made changes to their positions in the stock. Algert Global LLC acquired a new stake in shares of Datawatch Corporation during the second quarter worth about $103,000. KCG Holdings Inc. boosted its stake in shares of Datawatch Corporation by 5.7% in the first quarter. KCG Holdings Inc. now owns 17,390 shares of the technology company’s stock worth $146,000 after buying an additional 939 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of 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 last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Datawatch Corporation by 25.8% in the first quarter. Goldman Sachs Group Inc. now owns 21,276 shares of the technology company’s stock worth $179,000 after buying an additional 4,357 shares during the last quarter. Finally, Concourse Capital Management LLC acquired a new stake in shares of Datawatch Corporation during the first quarter worth about $228,000. 39.85% of the stock is owned by institutional investors.

Datawatch Corporation 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 Corporation (NASDAQ:DWCH)

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