Ossiam Acquires 9,456 Shares of Sea Limited (NYSE:SE)

Ossiam boosted its position in shares of Sea Limited (NYSE:SE - Free Report) by 498.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,353 shares of the Internet company based in Singapore's stock after purchasing an additional 9,456 shares during the period. Ossiam's holdings in SEA were worth $1,205,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Private Trust Co. NA raised its holdings in SEA by 474.4% in the 4th quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock valued at $26,000 after acquiring an additional 204 shares in the last quarter. Kestra Investment Management LLC bought a new position in SEA in the fourth quarter worth $34,000. Farther Finance Advisors LLC raised its stake 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 valued at $39,000 after buying an additional 112 shares in the last quarter. Huntington National Bank lifted its holdings in shares of SEA by 783.6% during the 4th quarter. Huntington National Bank now owns 486 shares of the Internet company based in Singapore's stock worth $52,000 after acquiring an additional 431 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in SEA by 4,663.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore's stock valued at $56,000 after buying an additional 513 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

SEA Trading Up 3.0 %

SE traded up $3.78 during trading on Friday, reaching $128.01. 3,518,652 shares of the company's stock were exchanged, compared to its average volume of 4,621,206. Sea Limited has a one year low of $55.00 and a one year high of $147.73. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $73.27 billion, a PE ratio of 853.40 and a beta of 1.73. The firm has a fifty day moving average price of $125.33 and a two-hundred day moving average price of $115.47.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on SE shares. Jefferies Financial Group upped their target price on shares of SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. UBS Group upped their price objective on SEA from $135.00 to $176.00 and gave the company a "buy" rating in a report on Friday, March 7th. JPMorgan Chase & Co. lowered shares of SEA from an "overweight" rating to a "neutral" rating and decreased their price target for the company from $160.00 to $135.00 in a report on Wednesday, April 16th. Sanford C. Bernstein set a $145.00 price target on shares of SEA and gave the company an "outperform" rating in a research note on Wednesday, March 5th. Finally, Wedbush reissued an "outperform" rating and issued a $135.00 target price on shares of SEA in a research report on Tuesday, April 15th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, SEA currently has an average rating of "Moderate Buy" and a consensus price target of $125.43.

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.