DRW Securities LLC Has $651,000 Holdings in Sea Limited (NYSE:SE)

DRW Securities LLC grew its position in shares of Sea Limited (NYSE:SE - Free Report) by 140.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,133 shares of the Internet company based in Singapore's stock after purchasing an additional 3,581 shares during the period. DRW Securities LLC's holdings in SEA were worth $651,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA lifted its position in SEA by 474.4% during the 4th quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock worth $26,000 after acquiring an additional 204 shares in the last quarter. Kestra Investment Management LLC bought a new position in SEA in the 4th quarter worth approximately $34,000. Farther Finance Advisors LLC raised its position in shares of SEA by 43.8% during 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. Huntington National Bank lifted its holdings in shares of SEA by 783.6% in the fourth quarter. Huntington National Bank now owns 486 shares of the Internet company based in Singapore's stock valued at $52,000 after buying an additional 431 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in 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 buying an additional 513 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

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SEA Stock Up 0.6 %

SEA stock traded up $0.67 during mid-day trading on Tuesday, reaching $119.40. The company's stock had a trading volume of 1,058,444 shares, compared to its average volume of 4,700,675. The business's 50 day simple moving average is $126.79 and its 200 day simple moving average is $114.38. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. Sea Limited has a 12 month low of $51.70 and a 12 month high of $147.73. The company has a market capitalization of $68.34 billion, a price-to-earnings ratio of 796.00 and a beta of 1.73.

Wall Street Analyst Weigh In

SE has been the topic of several analyst reports. UBS Group lifted their target price on shares of SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Arete Research upgraded SEA to a "strong-buy" rating in a report on Sunday, March 23rd. Sanford C. Bernstein set a $145.00 price target on SEA and gave the company an "outperform" rating in a report on Wednesday, March 5th. Loop Capital increased their price objective on SEA from $135.00 to $165.00 and gave the stock a "buy" rating in a research note on Monday, March 31st. Finally, JPMorgan Chase & Co. raised their price objective on SEA from $133.00 to $160.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, SEA presently has a consensus rating of "Moderate Buy" and an average target price of $121.40.

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.