Graham Capital Management L.P. Purchases Shares of 16,785 Sea Limited (NYSE:SE)

Graham Capital Management L.P. purchased a new position in shares of Sea Limited (NYSE:SE - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 16,785 shares of the Internet company based in Singapore's stock, valued at approximately $1,781,000.

Several other large investors have also modified their holdings of the stock. Claro Advisors LLC bought a new position in shares of SEA in the 4th quarter worth about $264,000. Assenagon Asset Management S.A. bought a new position in SEA in the fourth quarter worth about $463,000. Park Avenue Securities LLC boosted its stake in SEA by 168.0% in the fourth quarter. Park Avenue Securities LLC now owns 20,153 shares of the Internet company based in Singapore's stock valued at $2,138,000 after acquiring an additional 12,634 shares during the period. Moseley Investment Management Inc. grew its holdings in shares of SEA by 4.3% during the fourth quarter. Moseley Investment Management Inc. now owns 3,870 shares of the Internet company based in Singapore's stock valued at $411,000 after purchasing an additional 161 shares during the last quarter. Finally, Ritholtz Wealth Management raised its position in shares of SEA by 2.7% during the 4th quarter. Ritholtz Wealth Management now owns 6,458 shares of the Internet company based in Singapore's stock worth $685,000 after purchasing an additional 170 shares during the period. Institutional investors own 59.53% of the company's stock.

SEA Stock Up 0.9%

Shares of SE traded up $1.44 on Thursday, hitting $164.62. The company's stock had a trading volume of 6,284,798 shares, compared to its average volume of 4,516,548. 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 firm has a market capitalization of $96.98 billion, a price-to-earnings ratio of 1,097.47 and a beta of 1.70. The firm's fifty day moving average price is $127.90 and its 200-day moving average price is $119.59. Sea Limited has a fifty-two week low of $55.00 and a fifty-two week high of $164.85.

Analysts Set New Price Targets

A number of research firms recently issued reports on SE. Jefferies Financial Group boosted 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. Phillip Securities upgraded shares of SEA from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 7th. Wedbush reiterated an "outperform" rating and issued a $135.00 price objective on shares of SEA in a research report on Tuesday, April 15th. UBS Group upped their target price on shares of SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Finally, Loop Capital lifted their price target on SEA from $135.00 to $165.00 and gave the company a "buy" rating in a report on Monday, March 31st. Four 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's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $139.14.

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.