Sea Limited Sponsored ADR (NYSE:SE) Shares Bought by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft grew its holdings in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 60.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,445 shares of the Internet company based in Singapore's stock after acquiring an additional 3,945 shares during the period. Baader Bank Aktiengesellschaft's holdings in SEA were worth $1,345,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of SE. Sava Infond d.o.o. purchased a new stake in shares of SEA during the 1st quarter worth $26,000. Tradewinds Capital Management LLC lifted its position in shares of SEA by 100.0% during the 1st quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore's stock worth $26,000 after purchasing an additional 100 shares during the last quarter. Inlight Wealth Management LLC purchased a new stake in shares of SEA during the 1st quarter worth $28,000. Fifth Third Bancorp lifted its position in shares of SEA by 464.3% during the 1st quarter. Fifth Third Bancorp now owns 237 shares of the Internet company based in Singapore's stock worth $31,000 after purchasing an additional 195 shares during the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of SEA during the 1st quarter worth $34,000. Institutional investors and hedge funds own 59.53% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised shares of SEA from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $135.00 to $190.00 in a research report on Tuesday, May 13th. Wall Street Zen cut shares of SEA from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Wedbush reissued an "outperform" rating on shares of SEA in a research report on Wednesday, May 14th. Barclays boosted their price target on shares of SEA from $182.00 to $200.00 and gave the company an "overweight" rating in a research report on Thursday, May 15th. Finally, Benchmark boosted their price target on shares of SEA from $150.00 to $180.00 and gave the company a "buy" rating in a research report on Wednesday, May 14th. Four research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $159.82.

SEA Stock Performance

Shares of NYSE:SE traded down $2.44 on Friday, reaching $154.21. The company's stock had a trading volume of 2,765,978 shares, compared to its average volume of 4,553,563. The stock's 50-day moving average is $158.12 and its two-hundred day moving average is $139.04. Sea Limited Sponsored ADR has a 52-week low of $55.00 and a 52-week high of $172.65. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.51 and a quick ratio of 1.49. The stock has a market capitalization of $90.85 billion, a P/E ratio of 108.60 and a beta of 1.60.

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

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.