Venturi Wealth Management LLC Buys 5,161 Shares of Sea Limited (NYSE:SE)

Venturi Wealth Management LLC increased its position in shares of Sea Limited (NYSE:SE - Free Report) by 7,589.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,229 shares of the Internet company based in Singapore's stock after purchasing an additional 5,161 shares during the quarter. Venturi Wealth Management LLC's holdings in SEA were worth $493,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SE. Baillie Gifford & Co. raised its holdings in shares of SEA by 0.4% in the second quarter. Baillie Gifford & Co. now owns 34,268,428 shares of the Internet company based in Singapore's stock valued at $2,447,451,000 after buying an additional 148,980 shares during the last quarter. Kaizen Investment Management Pte. Ltd. bought a new position in shares of SEA in the third quarter worth about $587,544,000. Kora Management LP lifted its position in shares of SEA by 9.4% during the first quarter. Kora Management LP now owns 4,637,500 shares of the Internet company based in Singapore's stock worth $249,080,000 after purchasing an additional 400,000 shares in the last quarter. Eminence Capital LP grew its stake in shares of SEA by 45.2% during the second quarter. Eminence Capital LP now owns 4,522,441 shares of the Internet company based in Singapore's stock valued at $322,993,000 after purchasing an additional 1,408,314 shares during the last quarter. Finally, Kontiki Capital Management HK Ltd. increased its holdings in shares of SEA by 1.9% in the first quarter. Kontiki Capital Management HK Ltd. now owns 3,744,416 shares of the Internet company based in Singapore's stock valued at $201,113,000 after purchasing an additional 68,900 shares in the last quarter. 59.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SE has been the topic of a number of recent research reports. Citigroup reduced their price objective on shares of SEA from $81.00 to $80.00 and set a "buy" rating on the stock in a research note on Tuesday, July 23rd. Barclays upped their price objective on SEA from $87.00 to $94.00 and gave the company an "overweight" rating in a report on Thursday, August 15th. Bank of America raised their target price on SEA from $84.00 to $96.00 and gave the stock a "buy" rating in a report on Monday, September 23rd. Benchmark increased their price target on shares of SEA from $94.00 to $130.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $66.00 to $90.00 in a report on Wednesday, August 14th. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $87.69.

SEA Stock Performance

Shares of NYSE:SE traded down $2.77 on Wednesday, reaching $104.88. 6,117,767 shares of the company's stock were exchanged, compared to its average volume of 5,415,070. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.41. Sea Limited has a twelve month low of $34.35 and a twelve month high of $117.52. The company has a fifty day moving average of $92.92 and a 200-day moving average of $78.88. The company has a market capitalization of $60.03 billion, a price-to-earnings ratio of 699.20 and a beta of 1.52.

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

About SEA

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.