News headlines about SeaChange International (NASDAQ:SEAC) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SeaChange International earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the software maker an impact score of 47.1032352796237 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

SeaChange International (NASDAQ:SEAC) traded down $0.12 during trading hours on Thursday, hitting $3.54. 268,671 shares of the company were exchanged, compared to its average volume of 544,625. The company has a market cap of $133.14, a PE ratio of -3.61, a PEG ratio of 15.00 and a beta of 0.85. SeaChange International has a 52 week low of $2.16 and a 52 week high of $4.03.

SeaChange International (NASDAQ:SEAC) last posted its quarterly earnings results on Wednesday, December 6th. The software maker reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.08. The company had revenue of $23.43 million for the quarter, compared to analysts’ expectations of $19.50 million. SeaChange International had a negative net margin of 42.52% and a negative return on equity of 5.91%. SeaChange International’s revenue was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.13) EPS. research analysts expect that SeaChange International will post 0.03 EPS for the current fiscal year.

Several equities analysts have commented on SEAC shares. Zacks Investment Research raised shares of SeaChange International from a “hold” rating to a “strong-buy” rating and set a $4.00 target price on the stock in a research report on Wednesday, December 13th. Lake Street Capital raised shares of SeaChange International from a “hold” rating to a “buy” rating and lifted their target price for the stock from $3.00 to $4.00 in a research report on Thursday, December 7th. Finally, Dougherty & Co lifted their target price on shares of SeaChange International from $4.00 to $4.50 and gave the stock a “buy” rating in a research report on Thursday, December 7th.

In related news, insider Opportunities Fund Lp Se Viex sold 648,735 shares of SeaChange International stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $3.50, for a total value of $2,270,572.50. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 2.90% of the company’s stock.

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About SeaChange International

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.

Insider Buying and Selling by Quarter for SeaChange International (NASDAQ:SEAC)

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