Jump Financial LLC Buys 205,919 Shares of Sea Limited (NYSE:SE)

Jump Financial LLC raised its position in shares of Sea Limited (NYSE:SE) by 701.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 235,272 shares of the Internet company based in Singapore’s stock after purchasing an additional 205,919 shares during the quarter. SEA accounts for approximately 0.5% of Jump Financial LLC’s holdings, making the stock its 21st biggest position. Jump Financial LLC’s holdings in SEA were worth $24,962,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SE. Farther Finance Advisors LLC boosted its holdings in SEA by 43.8% in the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore’s stock worth $39,000 after buying an additional 112 shares during the period. SOA Wealth Advisors LLC. raised its holdings in shares of SEA by 33.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore’s stock worth $57,000 after acquiring an additional 150 shares in the last quarter. TD Private Client Wealth LLC lifted its position in SEA by 33.7% during the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock valued at $57,000 after purchasing an additional 152 shares during the last quarter. Ballentine Partners LLC grew its stake in shares of SEA by 5.6% in the 4th quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore’s stock worth $315,000 after buying an additional 158 shares in the last quarter. Finally, Moseley Investment Management Inc. increased its holdings in shares of SEA by 4.3% in the 4th quarter. Moseley Investment Management Inc. now owns 3,870 shares of the Internet company based in Singapore’s stock worth $411,000 after buying an additional 161 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on SE. Phillip Securities upgraded SEA from a “moderate sell” rating to a “hold” rating in a research report on Friday, March 7th. Arete Research upgraded SEA to a “strong-buy” rating in a report on Sunday, March 23rd. Benchmark boosted their target price on SEA from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, March 5th. Sanford C. Bernstein set a $145.00 price objective on shares of SEA and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Finally, Barclays increased their target price on shares of SEA from $148.00 to $182.00 and gave the company an “overweight” rating in a research note on Friday, March 7th. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $121.40.

SEA Stock Performance

Shares of NYSE:SE opened at $119.26 on Tuesday. The firm has a 50 day moving average of $126.79 and a 200 day moving average of $114.38. 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 company has a market capitalization of $68.26 billion, a price-to-earnings ratio of 795.07 and a beta of 1.73. Sea Limited has a 52 week low of $51.70 and a 52 week high of $147.73.

SEA 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.