Sylebra Capital LLC Has $12.86 Million Stock Holdings in Sea Limited (NYSE:SE)

Sylebra Capital LLC decreased its holdings in Sea Limited (NYSE:SE - Free Report) by 48.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 121,214 shares of the Internet company based in Singapore's stock after selling 114,834 shares during the period. SEA accounts for approximately 0.5% of Sylebra Capital LLC's holdings, making the stock its 24th biggest holding. Sylebra Capital LLC's holdings in SEA were worth $12,861,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Ninety One UK Ltd raised its position in SEA by 1,673.2% during the 4th quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore's stock valued at $131,977,000 after purchasing an additional 1,173,738 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of SEA by 7.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 291,158 shares of the Internet company based in Singapore's stock valued at $30,892,000 after buying an additional 19,411 shares during the period. Nisa Investment Advisors LLC raised its holdings in SEA by 95.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 12,558 shares of the Internet company based in Singapore's stock worth $1,332,000 after purchasing an additional 6,140 shares during the period. Mount Yale Investment Advisors LLC raised its holdings in shares of SEA by 16.7% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 28,677 shares of the Internet company based in Singapore's stock valued at $3,043,000 after acquiring an additional 4,114 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its stake in shares of SEA by 55.2% in the fourth quarter. CENTRAL TRUST Co now owns 8,396 shares of the Internet company based in Singapore's stock worth $891,000 after buying an additional 2,987 shares in the last quarter. Institutional investors own 59.53% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on SE. Wedbush restated an "outperform" rating on shares of SEA in a research report on Wednesday, May 14th. Jefferies Financial Group upped their price target on SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. UBS Group upped their price target on SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Phillip Securities upgraded SEA from a "moderate sell" rating to a "hold" rating in a research note on Friday, March 7th. Finally, JPMorgan Chase & Co. upgraded SEA from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $135.00 to $190.00 in a research note on Tuesday, May 13th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $147.15.

SEA Trading Down 2.3%

NYSE:SE traded down $3.75 on Thursday, hitting $161.17. 4,287,099 shares of the stock were exchanged, compared to its average volume of 4,448,982. The stock has a market cap of $94.95 billion, a PE ratio of 1,074.48 and a beta of 1.70. 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 stock has a fifty day moving average of $135.12 and a 200-day moving average of $124.27. Sea Limited has a fifty-two week low of $55.00 and a fifty-two week high of $169.28.

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