Calamos Wealth Management LLC Makes New $738,000 Investment in Sea Limited (NYSE:SE)

Calamos Wealth Management LLC bought a new position in shares of Sea Limited (NYSE:SE - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,953 shares of the Internet company based in Singapore's stock, valued at approximately $738,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Rosenberg Matthew Hamilton grew its holdings in shares of SEA by 213.7% during the third quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore's stock worth $28,000 after purchasing an additional 203 shares during the last quarter. Truvestments Capital LLC bought a new position in shares of SEA during the third quarter valued at $41,000. Icon Wealth Advisors LLC acquired a new position in shares of SEA during the third quarter worth $47,000. Geneos Wealth Management Inc. lifted its holdings in shares of SEA by 4,663.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore's stock worth $56,000 after purchasing an additional 513 shares during the period. Finally, TD Private Client Wealth LLC grew its stake in shares of SEA by 33.7% in the third 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 last quarter. Institutional investors own 59.53% of the company's stock.

SEA Stock Up 0.3 %

SE stock traded up $0.34 during trading on Friday, reaching $123.00. 3,050,297 shares of the stock were exchanged, compared to its average volume of 3,200,215. The firm's 50 day moving average is $113.78 and its 200 day moving average is $96.88. The firm has a market cap of $70.40 billion, a P/E ratio of 820.01 and a beta of 1.55. 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 twelve month low of $41.60 and a twelve month high of $126.35.

SEA (NYSE:SE - Get Free Report) last issued its earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.35). The firm had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $4.09 billion. SEA had a return on equity of 1.40% and a net margin of 0.64%. SEA's revenue for the quarter was up 30.8% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.26) earnings per share. As a group, research analysts forecast that Sea Limited will post 0.8 EPS for the current year.

Analyst Ratings Changes

Several research analysts have commented on SE shares. Benchmark lifted their target price on SEA from $94.00 to $130.00 and gave the stock a "buy" rating in a report on Wednesday, November 13th. Dbs Bank raised shares of SEA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 13th. Phillip Securities restated a "reduce" rating and set a $100.00 price target (up previously from $80.00) on shares of SEA in a report on Tuesday, November 19th. Wedbush reiterated an "outperform" rating and set a $105.00 price objective (up from $84.00) on shares of SEA in a research report on Monday, November 4th. Finally, Barclays boosted their target price on shares of SEA from $94.00 to $131.00 and gave the company an "overweight" rating in a report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $91.21.

SEA Profile

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.