Vise Technologies Inc. Acquires 2,569 Shares of Sea Limited (NYSE:SE)

Vise Technologies Inc. grew its position in shares of Sea Limited (NYSE:SE - Free Report) by 57.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 7,015 shares of the Internet company based in Singapore's stock after purchasing an additional 2,569 shares during the quarter. Vise Technologies Inc.'s holdings in SEA were worth $744,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Baillie Gifford & Co. grew its position in SEA by 3.5% during the 4th quarter. Baillie Gifford & Co. now owns 40,954,549 shares of the Internet company based in Singapore's stock worth $4,345,278,000 after purchasing an additional 1,390,531 shares in the last quarter. WCM Investment Management LLC boosted its holdings in SEA by 22.8% in the fourth quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore's stock worth $2,758,331,000 after purchasing an additional 4,761,289 shares in the last quarter. Norges Bank bought a new stake in shares of SEA during the 4th quarter worth about $1,493,682,000. Capital Research Global Investors boosted its position in SEA by 19.5% during the fourth quarter. Capital Research Global Investors now owns 8,126,064 shares of the Internet company based in Singapore's stock worth $862,175,000 after purchasing an additional 1,325,183 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in SEA by 4.6% during the fourth quarter. Geode Capital Management LLC now owns 3,201,601 shares of the Internet company based in Singapore's stock valued at $335,084,000 after acquiring an additional 142,080 shares during the period. Institutional investors and hedge funds own 59.53% of the company's stock.

Analysts Set New Price Targets

SE has been the subject of several research reports. Jefferies Financial Group increased their price objective on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Arete Research raised shares of SEA to a "strong-buy" rating in a report on Sunday, March 23rd. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $170.00 price target on shares of SEA in a report on Wednesday, May 14th. JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $135.00 to $190.00 in a research report on Tuesday, May 13th. Finally, Phillip Securities upgraded shares of SEA from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 7th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, SEA has an average rating of "Moderate Buy" and a consensus price target of $145.23.

SEA Stock Down 0.2%

Shares of NYSE SE traded down $0.40 during mid-day trading on Wednesday, hitting $164.84. The company had a trading volume of 4,604,638 shares, compared to its average volume of 4,445,739. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The firm has a 50-day simple moving average of $134.34 and a two-hundred day simple moving average of $123.99. The company has a market capitalization of $97.11 billion, a PE ratio of 1,098.93 and a beta of 1.70. Sea Limited has a one year low of $55.00 and a one year high of $169.28.

SEA (NYSE:SE - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 EPS for the quarter, missing analysts' consensus estimates of $0.93 by ($0.28). SEA had a net margin of 0.64% and a return on equity of 1.40%. The firm had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same period last year, the business earned ($0.04) EPS. The business's revenue was up 29.6% on a year-over-year basis. On average, equities analysts expect that Sea Limited will post 0.74 EPS for the current year.

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.