SeaChange International Inc. (NASDAQ:SEAC)’s share price was up 5.4% during trading on Monday . The company traded as high as $2.94 and last traded at $2.91, with a volume of 414,000 shares changing hands. The stock had previously closed at $2.76.

A number of equities analysts have recently commented on SEAC shares. Zacks Investment Research cut shares of SeaChange International from a “buy” rating to a “hold” rating in a report on Thursday, June 2nd. Lake Street Capital cut shares of SeaChange International from a “buy” rating to a “hold” rating and dropped their price objective for the company from $4.50 to $3.00 in a research note on Tuesday, August 23rd. Finally, Dougherty & Co dropped their price objective on shares of SeaChange International from $7.00 to $6.00 and set a “buy” rating on the stock in a research note on Wednesday, August 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. SeaChange International has an average rating of “Hold” and a consensus price target of $4.69.

The stock’s 50-day moving average is $3.16 and its 200 day moving average is $3.95. The stock’s market cap is $102.30 million.

SeaChange International (NASDAQ:SEAC) last released its earnings results on Thursday, September 1st. The company reported ($0.21) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.21). During the same period in the prior year, the business posted ($0.04) EPS. The business had revenue of $18.50 million for the quarter. The company’s revenue was down 33.7% on a year-over-year basis. Equities analysts anticipate that SeaChange International Inc. will post ($0.47) earnings per share for the current fiscal year.

In other SeaChange International news, Director Mary Palermo Cotton bought 25,000 shares of SeaChange International stock in a transaction dated Friday, June 10th. The stock was bought at an average cost of $3.36 per share, for a total transaction of $84,000.00. Following the purchase, the director now owns 151,733 shares in the company, valued at approximately $509,822.88. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Thomas F. Olson bought 10,000 shares of SeaChange International stock in a transaction dated Thursday, June 16th. The shares were acquired at an average price of $3.40 per share, with a total value of $34,000.00. Following the completion of the purchase, the director now owns 167,121 shares in the company, valued at approximately $568,211.40. The disclosure for this purchase can be found here.

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

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