Whipplewood Advisors LLC Buys 4,816 Shares of Sea Limited (NYSE:SE)

Whipplewood Advisors LLC increased its position in shares of Sea Limited (NYSE:SE - Free Report) by 231.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,895 shares of the Internet company based in Singapore's stock after acquiring an additional 4,816 shares during the period. Whipplewood Advisors LLC's holdings in SEA were worth $900,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Trust Co. NA increased its position in shares of SEA by 474.4% in the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock worth $26,000 after acquiring an additional 204 shares in the last quarter. Kestra Investment Management LLC acquired a new position in SEA in the 4th quarter worth approximately $34,000. Farther Finance Advisors LLC grew 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 worth $39,000 after purchasing an additional 112 shares in the last quarter. Banque Transatlantique SA acquired a new stake in SEA during the 4th quarter valued at $39,000. Finally, Huntington National Bank raised its stake in SEA by 783.6% during the 4th quarter. Huntington National Bank now owns 486 shares of the Internet company based in Singapore's stock valued at $52,000 after purchasing an additional 431 shares during the period. 59.53% of the stock is currently owned by institutional investors.

SEA Stock Up 1.3%

Shares of NYSE:SE traded up $2.27 on Thursday, reaching $170.43. The company had a trading volume of 3,618,059 shares, compared to its average volume of 4,441,613. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $100.40 billion, a P/E ratio of 1,136.20 and a beta of 1.70. The stock has a 50-day moving average price of $138.46 and a 200 day moving average price of $126.37. Sea Limited has a twelve month low of $55.00 and a twelve month high of $172.62.

SEA (NYSE:SE - Get Free Report) last issued 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). The firm had revenue of $4.84 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.04) earnings per share. On average, equities analysts expect that Sea Limited will post 0.74 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on SE shares. Wedbush restated an "outperform" rating on shares of SEA in a research report on Wednesday, May 14th. Bank of America cut shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 price target for the company. in a report on Friday, May 9th. JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $135.00 to $190.00 in a research note on Tuesday, May 13th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $170.00 target price on shares of SEA in a research report on Wednesday, May 14th. Finally, Benchmark upped their price target on shares of SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a research note on Wednesday, May 14th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $147.15.

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.