SEA Target of Unusually High Options Trading (NYSE:SE)

Sea Limited Sponsored ADR (NYSE:SE) was the target of unusually large options trading activity on Monday. Investors purchased 16,722 call options on the company. Thisrepresentsanincreaseofapproximately15% compared to the typical volume of 14,522 call options.

Analyst Upgrades and Downgrades

SE has been the subject of a number of research analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $170.00 price objective on shares of SEA in a research report on Wednesday, May 14th. Loop Capital reaffirmed a “buy” rating and set a $190.00 price objective (up previously from $165.00) on shares of SEA in a research report on Thursday, May 29th. Wedbush reaffirmed 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 objective for the company. in a research report on Friday, May 9th. Finally, JPMorgan Chase & Co. raised shares of SEA from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $135.00 to $190.00 in a research report on Tuesday, May 13th. Four equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, SEA presently has an average rating of “Moderate Buy” and an average target price of $159.82.

Hedge Funds Weigh In On SEA

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. ORG Partners LLC raised its holdings in shares of SEA by 552.0% in the 2nd quarter. ORG Partners LLC now owns 163 shares of the Internet company based in Singapore’s stock valued at $25,000 after purchasing an additional 138 shares in the last quarter. Smithfield Trust Co acquired a new stake in shares of SEA in the 1st quarter valued at $25,000. Sava Infond d.o.o. acquired a new stake in shares of SEA in the 1st quarter valued at $26,000. Tradewinds Capital Management LLC raised its holdings in shares of SEA by 100.0% in the 1st quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore’s stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Finally, Inlight Wealth Management LLC acquired a new stake in shares of SEA in the 1st quarter valued at $28,000. Hedge funds and other institutional investors own 59.53% of the company’s stock.

SEA Stock Performance

Shares of SE stock opened at $146.24 on Tuesday. The company has a quick ratio of 1.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.18. SEA has a 52 week low of $65.15 and a 52 week high of $172.65. The stock has a market capitalization of $86.15 billion, a PE ratio of 102.99 and a beta of 1.58. The firm has a 50 day moving average of $156.26 and a two-hundred day moving average of $141.12.

SEA (NYSE:SE) last issued its quarterly earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.28). SEA had a net margin of 4.87% and a return on equity of 10.74%. The business had revenue of $4.84 billion during the quarter, compared to analysts’ expectations of $4.90 billion. During the same period in the prior year, the business earned ($0.04) EPS. The business’s quarterly revenue was up 29.6% on a year-over-year basis. On average, research analysts predict that SEA will post 0.74 EPS 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.