potrero capital research llc lowered its stake in Datawatch Corporation (NASDAQ:DWCH) by 51.2% during the first quarter, Holdings Channel reports. The institutional investor owned 317,181 shares of the technology company’s stock after selling 332,810 shares during the period. Datawatch Corporation makes up 2.4% of potrero capital research llc’s investment portfolio, making the stock its 20th largest position. potrero capital research llc owned about 2.64% of Datawatch Corporation worth $2,664,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. KCG Holdings Inc. increased its stake in Datawatch Corporation by 5.7% in the first quarter. KCG Holdings Inc. now owns 17,390 shares of the technology company’s stock valued at $146,000 after buying an additional 939 shares in the last quarter. Renaissance Technologies LLC increased its stake in Datawatch Corporation by 34.2% in the first quarter. Renaissance Technologies LLC now owns 224,600 shares of the technology company’s stock valued at $1,887,000 after buying an additional 57,200 shares in the last quarter. Geode Capital Management LLC increased its stake in Datawatch Corporation by 0.3% in the first quarter. Geode Capital Management LLC now owns 70,723 shares of the technology company’s stock valued at $594,000 after buying an additional 204 shares in the last quarter. Concourse Capital Management LLC purchased a new position in Datawatch Corporation during the first quarter valued at about $228,000. Finally, Royce & Associates LP raised its position in Datawatch Corporation by 9.1% in the first quarter. Royce & Associates LP now owns 101,603 shares of the technology company’s stock valued at $853,000 after buying an additional 8,440 shares during the last quarter. Institutional investors and hedge funds own 41.60% of the company’s stock.
Datawatch Corporation (NASDAQ:DWCH) traded up 2.56% on Friday, reaching $8.00. 193,720 shares of the company’s stock traded hands. The firm’s 50-day moving average is $8.36 and its 200 day moving average is $7.31. Datawatch Corporation has a 12 month low of $5.01 and a 12 month high of $9.70. The firm’s market cap is $96.19 million.
Datawatch Corporation (NASDAQ:DWCH) last announced its earnings results on Wednesday, April 19th. The technology company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. The company had revenue of $8.76 million during the quarter, compared to the consensus estimate of $8.38 million. Datawatch Corporation had a negative return on equity of 20.43% and a negative net margin of 30.28%. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.15) earnings per share. Equities analysts predict that Datawatch Corporation will post ($0.13) EPS for the current year.
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Several research firms have issued reports on DWCH. Zacks Investment Research lowered shares of Datawatch Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, April 25th. ValuEngine upgraded shares of Datawatch Corporation from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. National Securities upgraded shares of Datawatch Corporation from a “neutral” rating to a “buy” rating in a report on Friday, April 21st. Finally, Canaccord Genuity restated a “hold” rating on shares of Datawatch Corporation in a report on Friday, February 24th.
In other Datawatch Corporation news, COO Ken Tacelli sold 8,091 shares of the stock in a transaction on Friday, May 5th. The stock was sold at an average price of $8.53, for a total value of $69,016.23. Following the completion of the transaction, the chief operating officer now owns 126,909 shares in the company, valued at $1,082,533.77. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Michael Anthony Morrison sold 13,332 shares of the stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $8.23, for a total value of $109,722.36. Following the completion of the transaction, the chief executive officer now owns 197,435 shares of the company’s stock, valued at approximately $1,624,890.05. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 125,966 shares of company stock valued at $1,152,034. 17.69% of the stock is owned by corporate insiders.
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.
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