Aubrey Capital Management Ltd Has $26.96 Million Stake in Sea Limited (NYSE:SE)

Aubrey Capital Management Ltd reduced its position in shares of Sea Limited (NYSE:SEFree Report) by 4.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 206,600 shares of the Internet company based in Singapore’s stock after selling 10,100 shares during the period. SEA comprises about 10.8% of Aubrey Capital Management Ltd’s investment portfolio, making the stock its 2nd biggest position. Aubrey Capital Management Ltd’s holdings in SEA were worth $26,958,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its stake in shares of SEA by 7.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 291,158 shares of the Internet company based in Singapore’s stock worth $30,892,000 after acquiring an additional 19,411 shares during the last quarter. Brucke Financial Inc. bought a new position in shares of SEA in the fourth quarter worth about $211,000. Atria Wealth Solutions Inc. raised its stake in shares of SEA by 59.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 4,013 shares of the Internet company based in Singapore’s stock worth $426,000 after acquiring an additional 1,493 shares during the last quarter. Global Retirement Partners LLC raised its stake in shares of SEA by 342.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,492 shares of the Internet company based in Singapore’s stock worth $158,000 after acquiring an additional 1,155 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of SEA by 46.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 18,664 shares of the Internet company based in Singapore’s stock worth $1,980,000 after acquiring an additional 5,918 shares during the last quarter. 59.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on SE. JPMorgan Chase & Co. raised shares of SEA from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $135.00 to $190.00 in a research note on Tuesday, May 13th. Wedbush reaffirmed an “outperform” rating on shares of SEA in a research note on Wednesday, May 14th. Phillip Securities raised shares of SEA from a “moderate sell” rating to a “hold” rating in a research note on Friday, March 7th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $170.00 target price on shares of SEA in a research note on Wednesday, May 14th. Finally, Loop Capital reaffirmed a “buy” rating and issued a $190.00 target price (up from $165.00) on shares of SEA in a research note on Thursday, May 29th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $147.15.

View Our Latest Report on SE

SEA Trading Up 0.0%

SE opened at $154.46 on Friday. The company has a market cap of $90.99 billion, a price-to-earnings ratio of 1,029.73 and a beta of 1.64. The firm has a 50 day simple moving average of $143.14 and a 200 day simple moving average of $128.34. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. Sea Limited has a fifty-two week low of $55.00 and a fifty-two week high of $172.65.

SEA (NYSE:SEGet Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.28). The firm had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. SEA had a net margin of 0.64% and a return on equity of 1.40%. The firm’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.04) EPS. On average, sell-side analysts anticipate that Sea Limited will post 0.74 earnings per share for the current year.

About SEA

(Free Report)

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.

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Institutional Ownership by Quarter for SEA (NYSE:SE)

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