Sea Limited (NYSE:SE) Shares Sold by O Neil Global Advisors Inc.

O Neil Global Advisors Inc. trimmed its position in shares of Sea Limited (NYSE:SE) by 36.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,950 shares of the Internet company based in Singapore’s stock after selling 2,226 shares during the quarter. O Neil Global Advisors Inc.’s holdings in SEA were worth $419,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its position in SEA by 23.5% during the third quarter. Raymond James & Associates now owns 135,821 shares of the Internet company based in Singapore’s stock worth $12,805,000 after purchasing an additional 25,827 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of SEA by 6.2% in the third quarter. Sequoia Financial Advisors LLC now owns 3,081 shares of the Internet company based in Singapore’s stock valued at $290,000 after purchasing an additional 180 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of SEA during the 3rd quarter worth approximately $3,164,000. CENTRAL TRUST Co acquired a new position in shares of SEA during the 3rd quarter worth approximately $510,000. Finally, IFM Investors Pty Ltd grew its holdings in SEA by 0.5% during the 3rd quarter. IFM Investors Pty Ltd now owns 71,778 shares of the Internet company based in Singapore’s stock valued at $6,767,000 after buying an additional 336 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. TD Cowen lifted their price objective on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research report on Wednesday, November 13th. Wedbush reiterated an “outperform” rating and set a $105.00 target price (up from $84.00) on shares of SEA in a research report on Monday, November 4th. Barclays increased their price objective on shares of SEA from $94.00 to $131.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. Phillip Securities restated a “reduce” rating and set a $100.00 price objective (up from $80.00) on shares of SEA in a report on Tuesday, November 19th. Finally, Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, SEA presently has a consensus rating of “Moderate Buy” and an average target price of $91.21.

SEA Trading Down 2.5 %

NYSE SE opened at $132.75 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The company has a 50-day simple moving average of $117.09 and a 200-day simple moving average of $101.52. Sea Limited has a one year low of $43.27 and a one year high of $139.18. The firm has a market capitalization of $75.98 billion, a PE ratio of 884.99 and a beta of 1.55.

SEA Company 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.