Cloud Capital Management LLC Invests $235,000 in Sea Limited Sponsored ADR (NYSE:SE)

Cloud Capital Management LLC purchased a new position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,802 shares of the Internet company based in Singapore's stock, valued at approximately $235,000.

A number of other large investors also recently modified their holdings of SE. Sava Infond d.o.o. acquired a new position in SEA during the 1st quarter valued at about $26,000. Tradewinds Capital Management LLC boosted its holdings in SEA by 100.0% during the first quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore's stock worth $26,000 after buying an additional 100 shares in the last quarter. Inlight Wealth Management LLC bought a new stake in SEA during the first quarter worth approximately $28,000. Fifth Third Bancorp boosted its holdings in SEA by 464.3% during the first quarter. Fifth Third Bancorp now owns 237 shares of the Internet company based in Singapore's stock worth $31,000 after buying an additional 195 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of SEA by 43.8% in the 4th 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 last quarter. 59.53% of the stock is currently owned by institutional investors.

SEA Stock Up 0.9%

SE stock traded up $1.39 during trading hours on Monday, hitting $150.86. The company's stock had a trading volume of 2,446,460 shares, compared to its average volume of 4,340,330. The company has a quick ratio of 1.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $88.87 billion, a PE ratio of 106.24 and a beta of 1.60. Sea Limited Sponsored ADR has a 12 month low of $55.00 and a 12 month high of $172.65. The stock has a 50 day moving average price of $155.41 and a two-hundred day moving average price of $133.30.

SEA (NYSE:SE - Get Free Report) last posted its earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.28). The business had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.90 billion. SEA had a return on equity of 10.74% and a net margin of 4.87%. The business's revenue was up 29.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.04) earnings per share. On average, equities research analysts expect that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on SE shares. Benchmark upped their price objective on shares of SEA from $150.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, May 14th. Arete Research raised shares of SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. JPMorgan Chase & Co. raised shares of SEA from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $135.00 to $190.00 in a research note on Tuesday, May 13th. Barclays raised their price objective on shares of SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, May 15th. Finally, Wall Street Zen raised shares of SEA from a "hold" rating to a "buy" rating in a research note on Monday, June 30th. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $153.17.

About SEA

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.