SeaChange International Inc. (NASDAQ:SEAC) shares fell 0.3% on Friday . The company traded as low as $3.19 and last traded at $3.32, with a volume of 143,405 shares changing hands. The stock had previously closed at $3.33.

A number of brokerages have weighed in on SEAC. Zacks Investment Research raised shares of SeaChange International from a “sell” rating to a “hold” rating in a research report on Wednesday, June 22nd. Dougherty & Co reduced their price target on shares of SeaChange International from $9.00 to $7.00 and set a “buy” rating on the stock in a research report on Friday, April 8th. Noble Financial cut shares of SeaChange International from a “buy” rating to a “hold” rating in a research report on Friday, April 8th. Finally, BWS Financial reaffirmed a “buy” rating and set a $6.00 price target (down from $10.00) on shares of SeaChange International in a research report on Monday, April 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $7.05.

The company’s market capitalization is $116.72 million. The stock has a 50 day moving average price of $3.38 and a 200 day moving average price of $4.78.

SeaChange International (NASDAQ:SEAC) last issued its earnings results on Tuesday, June 7th. The company reported ($0.20) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.20). The business earned $21.60 million during the quarter. SeaChange International’s revenue for the quarter was down 6.9% compared to the same quarter last year. During the same quarter last year, the company earned ($0.20) EPS. Equities research analysts expect that SeaChange International Inc. will post ($0.04) EPS for the current year.

In other SeaChange International news, CEO Edward Terino bought 40,000 shares of the company’s stock in a transaction dated Tuesday, April 12th. The shares were bought at an average price of $3.83 per share, for a total transaction of $153,200.00. Following the acquisition, the chief executive officer now directly owns 230,475 shares of the company’s stock, valued at $882,719.25. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mary Palermo Cotton bought 25,000 shares of the company’s stock in a transaction dated Friday, June 10th. The stock was acquired at an average price of $3.36 per share, for a total transaction of $84,000.00. Following the acquisition, the director now directly owns 151,733 shares in the company, valued at $509,822.88. The disclosure for this purchase can be found here.

An institutional investor recently raised its position in SeaChange International stock. New York State Common Retirement Fund raised its position in shares of SeaChange International Inc. (NASDAQ:SEAC) by 3.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 362,668 shares of the company’s stock after buying an additional 10,900 shares during the period. New York State Common Retirement Fund owned approximately 1.08% of SeaChange International worth $2,444,000 at the end of the most recent quarter.

SeaChange International, Inc (SeaChange) is engaged in the delivery of multiscreen video. The Company’s products and services provide aggregation, licensing, management and distribution of video, primarily movies and television programming, and television advertising content to cable television system operators, telecommunications and media companies.

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