Vanguard Group Inc. decreased its position in shares of Datawatch Corporation (NASDAQ:DWCH) by 24.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 334,020 shares of the technology company’s stock after selling 109,412 shares during the period. Vanguard Group Inc. owned 2.74% of Datawatch worth $3,106,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in DWCH. Renaissance Technologies LLC raised its holdings in Datawatch by 34.2% during the first quarter. Renaissance Technologies LLC now owns 224,600 shares of the technology company’s stock worth $1,887,000 after purchasing an additional 57,200 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in Datawatch during the second quarter worth approximately $233,000. Algert Global LLC bought a new stake in Datawatch during the second quarter worth approximately $103,000. Goldman Sachs Group Inc. raised its holdings in Datawatch by 25.8% during the first quarter. Goldman Sachs Group Inc. now owns 21,276 shares of the technology company’s stock worth $179,000 after purchasing an additional 4,357 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Datawatch by 10.4% in the first quarter. Bank of New York Mellon Corp now owns 17,546 shares of the technology company’s stock valued at $148,000 after buying an additional 1,649 shares in the last quarter. 39.54% of the stock is currently owned by hedge funds and other institutional investors.
Datawatch Corporation (NASDAQ:DWCH) opened at $8.95 on Tuesday. Datawatch Corporation has a twelve month low of $5.25 and a twelve month high of $12.65.
Datawatch (NASDAQ:DWCH) last posted its quarterly earnings results on Wednesday, November 1st. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.03). The company had revenue of $10.20 million during the quarter, compared to the consensus estimate of $9.49 million. Datawatch had a negative net margin of 11.01% and a negative return on equity of 6.82%. The firm’s quarterly revenue was up 18.6% compared to the same quarter last year.
In other Datawatch news, CFO James Eliason sold 16,156 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $9.91, for a total transaction of $160,105.96. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Michael Anthony Morrison sold 24,426 shares of the business’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $10.07, for a total transaction of $245,969.82. Following the sale, the chief executive officer now directly owns 147,465 shares in the company, valued at $1,484,972.55. The disclosure for this sale can be found here. 17.69% of the stock is currently owned by corporate insiders.
Several research analysts have issued reports on DWCH shares. Canaccord Genuity reaffirmed a “hold” rating and issued a $10.00 price target on shares of Datawatch in a report on Monday, October 30th. Zacks Investment Research cut Datawatch from a “buy” rating to a “hold” rating in a report on Tuesday, September 19th.
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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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