Sea Limited (NYSE:SE) Position Boosted by Aubrey Capital Management Ltd

Aubrey Capital Management Ltd raised its position in shares of Sea Limited (NYSE:SE - Free Report) by 8,611.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 182,495 shares of the Internet company based in Singapore's stock after acquiring an additional 180,400 shares during the quarter. SEA comprises 6.6% of Aubrey Capital Management Ltd's investment portfolio, making the stock its 4th biggest holding. Aubrey Capital Management Ltd's holdings in SEA were worth $17,205,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Sequoia Financial Advisors LLC increased its stake in SEA by 6.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,081 shares of the Internet company based in Singapore's stock valued at $290,000 after purchasing an additional 180 shares in the last quarter. Canton Hathaway LLC lifted its holdings in SEA by 20.0% during the second quarter. Canton Hathaway LLC now owns 1,200 shares of the Internet company based in Singapore's stock worth $86,000 after acquiring an additional 200 shares during the period. Rosenberg Matthew Hamilton boosted its position in SEA by 213.7% in 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. Gulf International Bank UK Ltd raised its stake in shares of SEA by 0.7% during the 2nd quarter. Gulf International Bank UK Ltd now owns 28,958 shares of the Internet company based in Singapore's stock worth $2,068,000 after purchasing an additional 213 shares during the period. Finally, Parallel Advisors LLC grew its position in SEA by 5.2% during the second quarter. Parallel Advisors LLC now owns 5,063 shares of the Internet company based in Singapore's stock valued at $362,000 after buying an additional 250 shares during the period. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on SE. JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $66.00 to $90.00 in a research note on Wednesday, August 14th. Barclays lifted their price objective on SEA from $94.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday. Wedbush reiterated an "outperform" rating and set a $105.00 target price (up previously from $84.00) on shares of SEA in a research report on Monday, November 4th. TD Cowen raised their price objective on shares of SEA from $69.00 to $100.00 and gave the stock a "hold" rating in a report on Wednesday. Finally, Bank of America increased their target price on SEA from $84.00 to $96.00 and gave the stock a "buy" rating in a research report on Monday, September 23rd. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, SEA presently has an average rating of "Moderate Buy" and an average target price of $90.54.

SEA Trading Down 1.6 %

Shares of SE stock traded down $1.63 on Thursday, hitting $103.33. 4,237,346 shares of the company's stock traded hands, compared to its average volume of 5,409,759. The stock has a market capitalization of $59.14 billion, a price-to-earnings ratio of 690.87 and a beta of 1.52. The company's fifty day simple moving average is $92.92 and its 200 day simple moving average is $78.88. Sea Limited has a one year low of $34.35 and a one year high of $117.52. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.48 and a current ratio of 1.49.

SEA (NYSE:SE - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.35). SEA had a return on equity of 1.47% and a net margin of 0.64%. The company had revenue of $4.33 billion during the quarter, compared to analysts' expectations of $4.09 billion. During the same quarter in the prior year, the firm posted ($0.26) EPS. The firm's quarterly revenue was up 30.8% on a year-over-year basis. Equities analysts forecast that Sea Limited will post 0.77 EPS for the current year.

SEA Company Profile

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as promotes eSports operations.