SeaChange International, Inc. (NASDAQ:SEAC) enjoyed a 50.46% run-up in share price since hitting record low of $1.13. The stock managed 3.03% rise and now stands at $1.7 as of 01/11/2019. At recent session, the prices were hovering between $1.64 and $1.73. This company shares are 86.47% off its target price of $3.17 and the current market capitalization stands at $59.01M. The recent change has given its price a 10.81% lead over SMA 50 and -55.61% deficit over its 52-week high. The stock witnessed 23.19% gains, 3.03% gains and -46.71% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SEAC’s volatility during a week at 7.62% and during a month it has been found around 8.15%.SeaChange International, Inc. (SEAC) Top Holders
Institutional investors currently hold around $38 million or 66.6% in SEAC stock. Look at its top three institutional owners. Ariel Investments, Llc owns $5.71 million in SeaChange International, Inc., which represents roughly 9.68% of the company’s market cap and approximately 15.03% of the institutional ownership. Similar statistics are true for the second largest owner, Dimensional Fund Advisors Lp, which owns 2,222,690 shares of the stock are valued at $3.78 million. The third largest holder is Neuberger Berman Group Llc, which currently holds $3.47 million worth of this stock and that ownership represents nearly 5.88% of its market capitalization.SeaChange International, Inc. 13F Filings
At the end of September reporting period, 17 institutional holders increased their position in SeaChange International, Inc. (NASDAQ:SEAC) by some 1,466,320 shares, 45 decreased positions by 5,446,528 and 11 held positions by 15,539,997. That puts total institutional holdings at 22,452,845 shares, according to SEC filings. The stock grabbed 9 new institutional investments totaling 927,249 shares while 14 institutional investors sold out their entire positions totaling 2,132,129 shares.SeaChange International, Inc. (NASDAQ:SEAC) Insider Trades
Multiple company employees have indulged in significant insider trading. SeaChange International, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Singer Karen has acquired 104,840 shares of SeaChange International, Inc. (SEAC) in trading session dated Jan. 09, 2019. These shares are worth $165,647 and were traded at $1.58 each. The SEC filing shows that Singer Karen performed a purchase of 5,000 shares. The 10% Owner added these shares by way of transaction on Jan. 08, 2019. The company’s shares were assimilated at $1.51 per share worth to an investment of some $7,550 on account of Singer Karen.
10% Owner, Singer Karen, purchased 45,660 common shares of SeaChange International, Inc. (SEAC) in the open market. In a transaction dated Jan. 07, 2019, the shares were bought at an average price of $1.46, giving away a sum of $66,664. After this purchase, 4,418,377 common shares of SEAC are directly owned by the insider, with total stake valued at $7,511,241.
In the transaction dated Jan. 04, 2019, the great number of shares acquired came courtesy the 10% Owner; Singer Karen added a total of 45,000 shares at an average price of $1.42, amounting to approximately $63,900. The insider now directly owns 4,372,717 shares worth $7,433,619.SeaChange International, Inc. (SEAC) Analyst Guide
Several analysts have released their opinion on SeaChange International, Inc. (NASDAQ:SEAC), with 0 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.33 average brokerage recommendation.