Filing Worth Mentioning: Viex Capital Advisors Just Disclosed New Seachange International Inc Position

Filing Worth Mentioning: Viex Capital Advisors Just Disclosed New Seachange International Inc Position

The New Viex Capital Advisors Holding in Seachange International Inc

Viex Capital Advisors filed with the SEC SC 13D/A form for Seachange International Inc. The form can be accessed here: 000092189516006236. As reported in Viex Capital Advisors’s form, the filler as of late owns 8.3% or 2,916,885 shares of the Information Technology–company.

Seachange International Inc stake is a new one for the and it was filed because of activity on November 22, 2016. We feel this shows Viex Capital Advisors’s positive view for the stock.

Seachange International Inc Institutional Sentiment

Latest Security and Exchange filings show 83 investors own Seachange International Inc. The institutional ownership in Q3 2015 is high, at 85.85% of the outstanding shares. This is decreased by 522031 the total institutional shares. 30202930 were the shares owned by these institutional investors. In total 9 funds opened new Seachange International Inc stakes, 29 increased stakes. There were 12 that closed positions and 27 reduced them.

John Zaro Bourgeon Capital Management Llc is an institutional investor bullish on Seachange International Inc, owning 317809 shares as of Q3 2015 for 1.40% of its portfolio. Awm Investment Company Inc owns 949913 shares or 1.16% of its portfolio. PA Millrace Asset Group Inc have 2.25% of their stock portfolio for 331232 shares. Further, Adirondack Research & Management Inc reported stake worth 1.67% of its US stock portfolio. The MD Roumell Asset Management Llc owns 1437260 shares. Seachange International Inc is 18.37% of the manager’s US portfolio.

Business Profile

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. SeaChange sells its software products and services across the world, to television service providers, including cable television system operators, telecommunications companies, satellite operators and media companies. Its systems enable service providers to offer other interactive television services that allow subscribers to receive personalized services and interact with their video devices. Its business consists of three product areas: multiscreen video backoffice, advertising and video gateway software solutions. It also offers SeaChange Infusion Advanced Advertising Platform, Adrenalin, SeaChange Infusion Advanced Advertising Platform and Nucleus.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 0.63 in 2016 Q2. Its down 0.20, from 0.83 in 2016Q1. The ratio is negative, as 25 funds sold all SeaChange International shares owned while 27 reduced positions. 21 funds bought stakes while 22 increased positions. They now own 29.70 million shares or 6.80% less from 31.86 million shares in 2016Q1.

Ariel Investments Ltd last reported 0.16% of its portfolio in the stock. Tower Rech Capital Limited Com (Trc), a New York-based fund reported 15,496 shares. Jpmorgan Chase And holds 26,976 shares or 0% of its portfolio. The Ontario – Canada-based Manufacturers Life Insur Co The has invested 0% in SeaChange International (NASDAQ:SEAC). Moreover, Price T Rowe Assocs Md has 0% invested in SeaChange International (NASDAQ:SEAC) for 29,550 shares. Boothbay Fund Ltd Liability holds 0.02% or 11,675 shares in its portfolio. Penn Capital Mgmt reported 701,855 shares or 0.13% of all its holdings. Sei Investments owns 7,400 shares or 0% of their US portfolio. Mycio Wealth Prns Ltd Liability Com holds 0% of its portfolio in SeaChange International (NASDAQ:SEAC) for 87 shares. Kcg Holdings Inc, a New Jersey-based fund reported 18,774 shares. Jane Street Grp Limited Liability Corporation has 19,917 shares for 0% of their US portfolio. Susquehanna Grp Inc Llp accumulated 0% or 32,827 shares. Savings Bank Of America De accumulated 0% or 14,693 shares. Laurion Cap Mgmt Lp holds 0.01% or 106,500 shares in its portfolio. Hall Laurie J Trustee last reported 850 shares in the company.

Insider Transactions: Since June 10, 2016, the stock had 1 insider purchase, and 0 sales for $83,993 net activity. $83,993 worth of SeaChange International (NASDAQ:SEAC) was bought by Cotton Mary Palermo on Friday, June 10.

Analysts await SeaChange International (NASDAQ:SEAC) to report earnings on December, 6 after the close. They expect $-0.20 EPS, down 900.00% or $0.18 from last year’s $-0.02 per share. After $-0.24 actual EPS reported by SeaChange International for the previous quarter, Wall Street now forecasts -16.67% EPS growth.

About 28,480 shares traded hands. SeaChange International (NASDAQ:SEAC) has declined 29.24% since April 21, 2016 and is downtrending. It has underperformed by 34.57% the S&P500.

SeaChange International, Inc. is engaged in the delivery of multiscreen video. The company has a market cap of $96.06 million. The Company’s services and products facilitate the aggregation, licensing, management and distribution of video and advertising content for cable television system operators, telecommunications companies, satellite operators and media companies. It currently has negative earnings. SeaChange sells its software services and products across the world, to television service providers, including cable television system operators, telecommunications companies, satellite operators and media companies.

SeaChange International (NASDAQ:SEAC) Ratings Coverage

Out of 4 analysts covering SeaChange International (NASDAQ:SEAC), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. SeaChange International has been the topic of 4 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Dougherty & Company maintained it with “Buy” rating and $6 target price in Wednesday, August 24 report. Drexel Hamilton initiated SeaChange International (NASDAQ:SEAC) on Friday, July 24 with “Hold” rating. Lake Street downgraded SeaChange International (NASDAQ:SEAC) on Tuesday, August 23 to “Hold” rating. The firm has “Hold” rating given on Friday, April 8 by Noble Financial.

More important recent SeaChange International (NASDAQ:SEAC) news were published by: Metrowestdailynews.com which released: “Seachange International Inc. reports revenue CQ” on June 11, 2016, also Bizjournals.com published article titled: “Tech firm ousts CEO as net loss nearly doubles”, Metrowestdailynews.com published: “SeaChange International Inc. introduces new multiscreen video” on June 29, 2016. More interesting news about SeaChange International (NASDAQ:SEAC) was released by: Seekingalpha.com and their article: “SeaChange International’s (SEAC) CEO Ed Terino on Q2 2017 Results – Earnings …” with publication date: September 02, 2016.

According to Zacks Investment Research, “SeaChange International, Inc. develops, markets and supports products to manage, store and distribute digital video for television operators, broadcast and telecommunications companies. The company’s products utilize its proprietary distributed application software and standard industry components to automate the management and distribution of short- and long-form video streams including advertisements, movies, news updates and other video programming requiring precise, accurate and continuous execution.”

SEAC Company Profile

SeaChange International, Inc. (SeaChange), incorporated on July 9, 1993, is engaged in the delivery of multiscreen video. The Company’s services and products facilitate the aggregation, licensing, management and distribution of video and advertising content for cable television system operators, telecommunications companies, satellite operators and media companies. SeaChange sells its software services and products across the world, primarily to television service providers, including cable television system operators, telecommunications companies, satellite operators and media companies. The Company’s systems enable service providers to offer other interactive television services that allow subscribers to receive personalized services and interact with their video devices. The Company’s business consists of three product areas: multiscreen video backoffice, advertising and video gateway software solutions. The Company’s advertising includes SeaChange Infusion Advanced Advertising Platform.

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