Sea Limited (NYSE:SE) Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its position in Sea Limited (NYSE:SE - Free Report) by 95.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,558 shares of the Internet company based in Singapore's stock after buying an additional 6,140 shares during the period. Nisa Investment Advisors LLC's holdings in SEA were worth $1,332,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Rosenberg Matthew Hamilton increased its position 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 valued at $28,000 after acquiring an additional 203 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of SEA during the 3rd quarter worth approximately $41,000. Icon Wealth Advisors LLC acquired a new stake in SEA in the 3rd quarter valued at approximately $47,000. TD Private Client Wealth LLC increased its holdings in SEA by 33.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore's stock valued at $57,000 after purchasing an additional 152 shares during the last quarter. Finally, SOA Wealth Advisors LLC. raised its position in SEA by 33.3% in the third quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore's stock valued at $57,000 after purchasing an additional 150 shares during the period. Hedge funds and other institutional investors own 59.53% of the company's stock.

Wall Street Analysts Forecast Growth

SE has been the subject of several research analyst reports. Barclays raised their price target on SEA from $94.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, November 14th. TD Cowen boosted their price target on shares of SEA from $69.00 to $100.00 and gave the stock a "hold" rating in a research note on Wednesday, November 13th. Phillip Securities reissued a "reduce" rating and set a $100.00 price target (up previously from $80.00) on shares of SEA in a research report on Tuesday, November 19th. Wedbush restated an "outperform" rating and issued a $105.00 price objective (up previously from $84.00) on shares of SEA in a report on Monday, November 4th. Finally, Dbs Bank upgraded shares of SEA from a "hold" rating to a "strong-buy" rating in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $91.21.

SEA Stock Up 5.0 %

Shares of SE traded up $5.70 during mid-day trading on Tuesday, reaching $119.93. The company's stock had a trading volume of 4,585,140 shares, compared to its average volume of 3,446,224. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. Sea Limited has a 12-month low of $38.10 and a 12-month high of $121.64. The stock has a market cap of $68.64 billion, a PE ratio of 799.50 and a beta of 1.54. The company's 50 day moving average is $112.56 and its 200 day moving average is $94.34.

SEA (NYSE:SE - Get Free Report) last released its quarterly earnings results 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 1.40% and a net margin of 0.64%. The firm had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.09 billion. During the same period last year, the firm earned ($0.26) EPS. The company's quarterly revenue was up 30.8% on a year-over-year basis. Equities analysts anticipate that Sea Limited will post 0.76 EPS for the current fiscal year.

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.