Noteworthy Price Action: What’s Next for Datawatch Corporation After Today’s Huge Increase?

Noteworthy Price Action: What's Next for Datawatch Corporation After Today's Huge Increase?

The stock of Datawatch Corporation (NASDAQ:DWCH) is a huge mover today! About 103,266 shares traded hands or 41.69% up from the average. Datawatch Corporation (NASDAQ:DWCH) has risen 15.02% since April 4, 2016 and is uptrending. It has outperformed by 13.93% the S&P500.
The move comes after 5 months positive chart setup for the $78.96 million company. It was reported on Nov, 4 by Barchart.com. We have $11.11 PT which if reached, will make NASDAQ:DWCH worth $52.90 million more.

According to Zacks Investment Research, “Datawatch Corporation is a provider of Enterprise Reporting, Report Mining and Service Center software products that help organizations increase productivity, reduce costs and gain competitive advantages. Datawatch products are used in more than 20,000 companies, institutions and government agencies worldwide. Datawatch is best known for its popular report mining application called Monarch. Monarch lets users extract and manipulate data from ASCII report files produced on any mainframe, midrange, client/server or PC system.”

Insitutional Activity: The institutional sentiment increased to 1 in 2016 Q2. Its up 0.36, from 0.64 in 2016Q1. The ratio increased, as 2 funds sold all Datawatch Corporation shares owned while 6 reduced positions. 4 funds bought stakes while 4 increased positions. They now own 2.49 million shares or 3.20% less from 2.57 million shares in 2016Q1.
Moreover, Boston Prtn has 0% invested in Datawatch Corporation (NASDAQ:DWCH) for 206,820 shares. New Jersey Better Educational Savings last reported 98,000 shares in the company. Tower Research Capital Ltd Limited Liability Company (Trc) has 343 shares for 0% of their US portfolio. Blackrock Institutional Trust Na has 0% invested in the company for 299,710 shares. Blackrock Ltd Limited Liability Company accumulated 1,677 shares or 0% of the stock. Thompson Davis & has 0% invested in the company for 500 shares. Ray Gerald L & Assocs Ltd last reported 63,826 shares in the company. Geode Management Lc holds 0% of its portfolio in Datawatch Corporation (NASDAQ:DWCH) for 43,467 shares. The New York-based G2 Investment Prtn Lc has invested 0.23% in Datawatch Corporation (NASDAQ:DWCH). Davenport & Limited Liability Co holds 0% of its portfolio in Datawatch Corporation (NASDAQ:DWCH) for 20,000 shares. California Pub Employees Retirement Systems last reported 0% of its portfolio in the stock. Renaissance Technologies Ltd Com holds 0% of its portfolio in Datawatch Corporation (NASDAQ:DWCH) for 48,600 shares. Northern Trust holds 22,549 shares or 0% of its portfolio. State Of New Jersey Common Pension Fund D last reported 900,000 shares in the company. Blackrock Fund Advsr has 0% invested in the company for 24,836 shares.

Insider Transactions: Since May 6, 2016, the stock had 2 insider buys, and 0 selling transactions for $103,400 net activity. Shares for $53,400 were bought by MAHONEY DAVID. On Monday, May 9 the insider FRIEDMAN DONALD R bought $50,000. $10,260 worth of Datawatch Corporation (NASDAQ:DWCH) shares were bought by POTTER TERRY W.

More recent Datawatch Corporation (NASDAQ:DWCH) news were published by: Prnewswire.com which released: “Datawatch Corporation Announces That James C. Wood, Vice Chairman of the Board …” on March 31, 2015. Also Seekingalpha.com published the news titled: “Datawatch Corporation’s (DWCH) CEO Michael Morrison on Q2 2016 Results …” on April 21, 2016. Zacks.com‘s news article titled: “What Makes Datawatch Corporation (DWCH) a Strong Sell?” with publication date: February 13, 2014 was also an interesting one.

DWCH Company Profile

Datawatch Corporation (Datawatch), incorporated on December 15, 1986, provides visual data discovery software. The Firm is engaged in the design, development, marketing, distribution and support of business computer software primarily for the visual data discovery market to allow organizations to access, analyze and visualize information. The Company’s products visually represent and integrate data from any area of business regardless of its structure. The Company’s line of Visual Data Discovery solutions includes Datawatch Desktop, Datawatch Server, Datawatch Modeler, Datawatch Automator, Datawatch RMS and Datawatch Report Manager OnDemand.

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