Shilanski & Associates Inc. Buys Shares of 2,050 Sea Limited Sponsored ADR (NYSE:SE)

Shilanski & Associates Inc. purchased a new stake in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,050 shares of the Internet company based in Singapore's stock, valued at approximately $268,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SE. Sava Infond d.o.o. purchased a new stake in shares of SEA in the 1st quarter worth about $26,000. Inlight Wealth Management LLC bought a new position in SEA in the first quarter worth about $28,000. Fifth Third Bancorp lifted its holdings in SEA by 464.3% in 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 during the period. Private Trust Co. NA boosted its position in SEA by 474.4% during the 4th quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock valued at $26,000 after acquiring an additional 204 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in SEA by 43.8% during the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock valued at $39,000 after acquiring an additional 112 shares in the last quarter. Institutional investors own 59.53% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SE. Sanford C. Bernstein restated an "outperform" rating and issued a $170.00 target price on shares of SEA in a research note on Wednesday, May 14th. JPMorgan Chase & Co. upgraded SEA from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $135.00 to $190.00 in a report on Tuesday, May 13th. Wedbush restated an "outperform" rating on shares of SEA in a report on Wednesday, May 14th. Benchmark upped their target price on shares of SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a research report on Wednesday, May 14th. Finally, Arete Research upgraded shares of SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. Three analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $153.17.

SEA Stock Down 0.0%

SEA stock traded down $0.06 during trading hours on Thursday, hitting $149.36. The stock had a trading volume of 2,289,212 shares, compared to its average volume of 4,640,137. The stock's 50-day moving average price is $154.07 and its 200-day moving average price is $132.25. The stock has a market capitalization of $87.99 billion, a P/E ratio of 105.18 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 company has a quick ratio of 1.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.18.

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 earnings per share for the quarter, missing analysts' consensus estimates of $0.93 by ($0.28). SEA had a return on equity of 10.74% and a net margin of 4.87%. The firm had revenue of $4.84 billion during the quarter, compared to analysts' expectations of $4.90 billion. During the same quarter in the previous year, the firm earned ($0.04) earnings per share. SEA's revenue was up 29.6% on a year-over-year basis. Equities research analysts anticipate that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal 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.