Axiom Investors LLC DE grew its stake in shares of Sea Limited (NYSE:SE - Free Report) by 75.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 629,174 shares of the Internet company based in Singapore's stock after purchasing an additional 269,684 shares during the period. Axiom Investors LLC DE owned approximately 0.11% of SEA worth $66,755,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its position in shares of SEA by 43.8% in the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock worth $39,000 after buying an additional 112 shares in the last quarter. SOA Wealth Advisors LLC. grew its position in SEA by 33.3% during the third quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore's stock valued at $57,000 after acquiring an additional 150 shares during the period. TD Private Client Wealth LLC grew its holdings in shares of SEA by 33.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore's stock worth $57,000 after purchasing an additional 152 shares during the period. Ballentine Partners LLC increased its position in shares of SEA by 5.6% in the fourth quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore's stock worth $315,000 after acquiring an additional 158 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in shares of SEA by 2.6% in the third quarter. Integrated Wealth Concepts LLC now owns 6,357 shares of the Internet company based in Singapore's stock valued at $599,000 after buying an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on SE shares. UBS Group lifted their target price on SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. JPMorgan Chase & Co. increased their price objective on shares of SEA from $133.00 to $160.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 5th. Benchmark raised their target price on SEA from $130.00 to $150.00 and gave the company a "buy" rating in a research note on Wednesday, March 5th. Barclays boosted their price objective on SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a research report on Friday, March 7th. Finally, Jefferies Financial Group raised their target price on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $121.40.
Check Out Our Latest Report on SEA
SEA Stock Up 1.6 %
NYSE:SE traded up $2.12 during trading hours on Wednesday, hitting $134.58. 3,064,269 shares of the stock traded hands, compared to its average volume of 4,572,944. The firm has a market cap of $77.03 billion, a price-to-earnings ratio of 897.20 and a beta of 1.73. The firm has a 50 day moving average price of $127.88 and a 200 day moving average price of $112.45. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. Sea Limited has a fifty-two week low of $51.70 and a fifty-two week high of $147.73.
About SEA
(
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.
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