Banque Pictet & Cie SA lowered its stake in shares of Sea Limited (NYSE:SE - Free Report) by 21.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,716 shares of the Internet company based in Singapore's stock after selling 4,673 shares during the quarter. Banque Pictet & Cie SA's holdings in SEA were worth $1,774,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vontobel Holding Ltd. increased its holdings in shares of SEA by 22.8% during the 4th quarter. Vontobel Holding Ltd. now owns 31,657 shares of the Internet company based in Singapore's stock worth $3,359,000 after purchasing an additional 5,874 shares during the period. Clarity Capital Partners LLC grew its position in SEA by 20.9% during the fourth quarter. Clarity Capital Partners LLC now owns 3,402 shares of the Internet company based in Singapore's stock worth $361,000 after buying an additional 588 shares in the last quarter. Marks Group Wealth Management Inc increased its stake in SEA by 11.8% during the fourth quarter. Marks Group Wealth Management Inc now owns 8,068 shares of the Internet company based in Singapore's stock valued at $856,000 after acquiring an additional 851 shares during the period. Capital Advisors Inc. OK raised its holdings in SEA by 34.5% in the 4th quarter. Capital Advisors Inc. OK now owns 256,722 shares of the Internet company based in Singapore's stock valued at $27,238,000 after acquiring an additional 65,868 shares in the last quarter. Finally, Aubrey Capital Management Ltd lifted its position in shares of SEA by 18.7% in the 4th quarter. Aubrey Capital Management Ltd now owns 216,700 shares of the Internet company based in Singapore's stock worth $22,991,000 after acquiring an additional 34,205 shares during the period. Institutional investors own 59.53% of the company's stock.
SEA Price Performance
SEA stock traded up $4.11 on Tuesday, reaching $139.06. The company's stock had a trading volume of 7,619,904 shares, compared to its average volume of 3,504,912. Sea Limited has a twelve month low of $43.27 and a twelve month high of $139.18. The company has a market cap of $79.59 billion, a price-to-earnings ratio of 927.05 and a beta of 1.55. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The business's fifty day moving average price is $115.86 and its 200 day moving average price is $100.50.
Analysts Set New Price Targets
SE has been the topic of a number of research reports. Dbs Bank upgraded SEA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 13th. TD Cowen increased their price objective on shares of SEA from $69.00 to $100.00 and gave the company a "hold" rating in a research note on Wednesday, November 13th. Barclays lifted their target price on shares of SEA from $94.00 to $131.00 and gave the company an "overweight" rating in a research report on Thursday, November 14th. Wedbush reissued an "outperform" rating and issued a $105.00 price target (up previously from $84.00) on shares of SEA in a research report on Monday, November 4th. Finally, Benchmark lifted their price objective on SEA from $94.00 to $130.00 and gave the company a "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, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $91.21.
Check Out Our Latest Report on SEA
SEA Company Profile
(
Free Report)
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.
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