SeaChange International - SEAC Stock Forecast, Price & News

SeaChange International, Inc. provides multiscreen, advertising, and premium over the top (OTT) video products and services that facilitate the aggregation, licensing, management, and distribution of video and advertising content worldwide. The company offers video products, including video back-office, a software platform that enables content and service providers to manage, monetize and deliver a seamless viewing experience to subscribers across televisions, personal computers (PCs), tablets, smart phones, and other IP-enabled devices; and media asset management software, which is used to receive, manage and publish video content for viewing on televisions, tablets, PCs and other consumer devices. It also provides an advertising platform to maximize advertising revenue across multiscreen, broadcast, on-demand, and OTT viewing. In addition, the company offers client application, a multiscreen user experience product that empower service providers and content owners to optimize live and on-demand video consumption on multiscreen and OTT services. Further, it provides professional, and maintenance and technical support services, as well as managed services. The company sells and markets its products and services through a direct sales process, as well as to systems integrators and value-added resellers. It serves cable system operators, telecommunications companies, and satellite operators, as well as broadcasters and other content providers. The company was incorporated in 1993 and is headquartered in Boston, Massachusetts.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of SeaChange International from a "hold" rating to a "sell" rating in a research note on Thursday, June 2nd.

SeaChange International Price Performance

SeaChange International stock opened at $0.57 on Friday. SeaChange International has a 12-month low of $0.38 and a 12-month high of $3.44. The company has a market capitalization of $28.09 million, a price-to-earnings ratio of -4.38 and a beta of 1.03. The firm's fifty day moving average price is $0.60 and its 200 day moving average price is $0.92.

SeaChange International (NASDAQ:SEAC - Get Rating) last released its quarterly earnings results on Wednesday, June 8th. The software maker reported ($0.04) earnings per share (EPS) for the quarter. SeaChange International had a negative return on equity of 11.32% and a negative net margin of 21.94%. The firm had revenue of $6.72 million for the quarter.

Insider Transactions at SeaChange International

In related news, major shareholder Karen Singer bought 341,000 shares of the company's stock in a transaction dated Friday, July 15th. The stock was bought at an average price of $0.58 per share, with a total value of $197,780.00. Following the transaction, the insider now owns 8,156,770 shares of the company's stock, valued at $4,730,926.60. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. In related news, insider Peter D. Aquino bought 189,000 shares of the company's stock in a transaction dated Thursday, June 16th. The stock was bought at an average price of $0.53 per share, with a total value of $100,170.00. Following the transaction, the insider now owns 766,777 shares of the company's stock, valued at $406,391.81. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Karen Singer bought 341,000 shares of the company's stock in a transaction dated Friday, July 15th. The stock was bought at an average cost of $0.58 per share, with a total value of $197,780.00. Following the transaction, the insider now directly owns 8,156,770 shares in the company, valued at approximately $4,730,926.60. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 1,839,882 shares of company stock valued at $1,026,301. Insiders own 4.00% of the company's stock.