Sea Limited (NYSE:SE) is Eminence Capital LP's Largest Position

Eminence Capital LP lessened its holdings in shares of Sea Limited (NYSE:SE - Free Report) by 5.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,050,063 shares of the Internet company based in Singapore's stock after selling 215,621 shares during the quarter. SEA accounts for approximately 6.6% of Eminence Capital LP's portfolio, making the stock its largest position. Eminence Capital LP owned about 0.71% of SEA worth $429,712,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Covenant Partners LLC raised its stake in shares of SEA by 2.4% in the fourth quarter. Covenant Partners LLC now owns 4,248 shares of the Internet company based in Singapore's stock worth $451,000 after purchasing an additional 101 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in SEA by 43.8% during the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock worth $39,000 after acquiring an additional 112 shares during the period. SOA Wealth Advisors LLC. raised its stake in shares of SEA by 25.0% during the 4th quarter. SOA Wealth Advisors LLC. now owns 750 shares of the Internet company based in Singapore's stock worth $80,000 after purchasing an additional 150 shares during the period. Ballentine Partners LLC grew its position in SEA by 5.6% during the fourth quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore's stock valued at $315,000 after buying an additional 158 shares during the period. Finally, Roberts Wealth Advisors LLC boosted its stake in SEA by 0.7% in the fourth quarter. Roberts Wealth Advisors LLC now owns 23,477 shares of the Internet company based in Singapore's stock valued at $2,602,000 after acquiring an additional 161 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

Analysts Set New Price Targets

SE has been the topic of a number of research reports. Jefferies Financial Group lifted their price target on shares of SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. Bank of America lowered shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 target price for the company. in a research report on Friday. UBS Group boosted their price target on shares of SEA from $135.00 to $176.00 and gave the company a "buy" rating in a research report on Friday, March 7th. Loop Capital boosted their target price on shares of SEA from $135.00 to $165.00 and gave the company a "buy" rating in a report on Monday, March 31st. Finally, Benchmark raised their price target on SEA from $130.00 to $150.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Five analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, SEA presently has an average rating of "Moderate Buy" and an average price target of $130.00.

SEA Stock Down 4.6 %

SEA stock traded down $6.64 during trading hours on Friday, hitting $139.18. 4,691,223 shares of the stock traded hands, compared to its average volume of 4,517,619. Sea Limited has a one year low of $55.00 and a one year high of $147.73. The company has a market cap of $81.99 billion, a PE ratio of 927.87 and a beta of 1.70. The firm's 50-day moving average price is $127.18 and its two-hundred day moving average price is $118.62. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36.

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.