Sea Limited (NYSE:SE) Shares Bought by Choreo LLC

Choreo LLC raised its holdings in Sea Limited (NYSE:SEFree Report) by 2.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,969 shares of the Internet company based in Singapore’s stock after purchasing an additional 434 shares during the period. Choreo LLC’s holdings in SEA were worth $1,822,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SE. Dimensional Fund Advisors LP grew its holdings in SEA by 445.4% in the second quarter. Dimensional Fund Advisors LP now owns 51,096 shares of the Internet company based in Singapore’s stock valued at $3,649,000 after purchasing an additional 41,728 shares during the period. Truist Financial Corp boosted its stake in shares of SEA by 106.9% in the second quarter. Truist Financial Corp now owns 17,853 shares of the Internet company based in Singapore’s stock worth $1,275,000 after acquiring an additional 9,224 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of SEA by 25.2% in the second quarter. Cetera Investment Advisers now owns 28,542 shares of the Internet company based in Singapore’s stock worth $2,038,000 after acquiring an additional 5,740 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of SEA in the second quarter worth approximately $388,000. Finally, Park Avenue Securities LLC boosted its stake in shares of SEA by 40.4% in the third quarter. Park Avenue Securities LLC now owns 7,519 shares of the Internet company based in Singapore’s stock worth $709,000 after acquiring an additional 2,165 shares during the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.

SEA Price Performance

NYSE:SE opened at $123.00 on Friday. Sea Limited has a 52 week low of $41.60 and a 52 week high of $126.35. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $70.40 billion, a P/E ratio of 820.01 and a beta of 1.55. The stock’s fifty day moving average is $113.78 and its two-hundred day moving average is $96.88.

SEA (NYSE:SEGet Free Report) last posted its earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.35). SEA had a net margin of 0.64% and a return on equity of 1.40%. The business had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same quarter in the prior year, the firm earned ($0.26) EPS. SEA’s revenue for the quarter was up 30.8% compared to the same quarter last year. Equities analysts expect that Sea Limited will post 0.8 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SE. Dbs Bank raised SEA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 13th. Phillip Securities reaffirmed a “reduce” rating and issued a $100.00 price target (up from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Barclays lifted their price target on SEA from $94.00 to $131.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Benchmark lifted their price target on SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Finally, TD Cowen lifted their price target on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research note on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, SEA currently has an average rating of “Moderate Buy” and a consensus target price of $91.21.

View Our Latest Report on SEA

SEA Company Profile

(Free Report)

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.

Further Reading

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Institutional Ownership by Quarter for SEA (NYSE:SE)

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