SEA Target of Unusually Large Options Trading (NYSE:SE)

Sea Limited (NYSE:SE - Get Free Report) was the target of unusually large options trading on Thursday. Investors purchased 21,066 call options on the stock. This represents an increase of approximately 94% compared to the typical daily volume of 10,864 call options.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Benchmark upped their price target on SEA from $94.00 to $130.00 and gave the company a "buy" rating in a research report on Wednesday, November 13th. TD Cowen increased their price objective on SEA from $69.00 to $100.00 and gave the stock a "hold" rating in a research report on Wednesday, November 13th. Wedbush reissued an "outperform" rating and issued a $105.00 price target (up previously from $84.00) on shares of SEA in a research note on Monday, November 4th. Barclays increased their target price on SEA from $94.00 to $131.00 and gave the company an "overweight" rating in a research note on Thursday, November 14th. Finally, Dbs Bank raised SEA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $91.21.

SEA Trading Up 1.2 %

Shares of SEA stock traded up $1.59 on Monday, hitting $134.72. The stock had a trading volume of 3,762,520 shares, compared to its average volume of 3,200,215. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. SEA has a one year low of $43.10 and a one year high of $135.06. The stock's 50-day simple moving average is $115.44 and its two-hundred day simple moving average is $100.01. The stock has a market cap of $77.10 billion, a price-to-earnings ratio of 898.11 and a beta of 1.55.

Institutional Trading of SEA

Institutional investors have recently modified their holdings of the company. Sanctuary Advisors LLC bought a new position in SEA in the 2nd quarter worth $388,000. Ritholtz Wealth Management purchased a new position in shares of SEA during the third quarter valued at about $593,000. Swedbank AB raised its stake in SEA by 53.0% in the third quarter. Swedbank AB now owns 143,344 shares of the Internet company based in Singapore's stock worth $13,514,000 after buying an additional 49,684 shares in the last quarter. Roberts Wealth Advisors LLC purchased a new stake in SEA in the third quarter worth about $2,223,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in SEA by 1.2% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 36,354 shares of the Internet company based in Singapore's stock valued at $3,427,000 after acquiring an additional 446 shares in the last quarter. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

SEA Company 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.