15,785 Shares in Sea Limited (NYSE:SE) Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. purchased a new stake in Sea Limited (NYSE:SE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 15,785 shares of the Internet company based in Singapore’s stock, valued at approximately $1,488,000.

Several other large investors have also recently bought and sold shares of SE. Rosenberg Matthew Hamilton lifted its holdings in shares of SEA by 213.7% during the third quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock worth $28,000 after buying an additional 203 shares in the last quarter. SOA Wealth Advisors LLC. bought a new position in SEA during the second quarter worth about $32,000. Hexagon Capital Partners LLC raised its stake in SEA by 63.1% in the 2nd quarter. Hexagon Capital Partners LLC now owns 654 shares of the Internet company based in Singapore’s stock worth $47,000 after purchasing an additional 253 shares in the last quarter. Canton Hathaway LLC boosted its holdings in SEA by 20.0% in the 2nd quarter. Canton Hathaway LLC now owns 1,200 shares of the Internet company based in Singapore’s stock valued at $86,000 after purchasing an additional 200 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of SEA by 69.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,268 shares of the Internet company based in Singapore’s stock worth $120,000 after purchasing an additional 520 shares in the last quarter. 59.53% of the stock is owned by institutional investors.

SEA Stock Performance

NYSE SE opened at $104.88 on Thursday. The firm’s fifty day moving average price is $92.92 and its two-hundred day moving average price is $78.88. The stock has a market cap of $60.03 billion, a PE ratio of 699.20 and a beta of 1.52. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.48 and a current ratio of 1.49. Sea Limited has a fifty-two week low of $34.35 and a fifty-two week high of $117.52.

SEA (NYSE:SE) last issued its quarterly earnings data on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.35). The firm had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.09 billion. SEA had a return on equity of 1.47% and a net margin of 0.64%. The company’s revenue was up 30.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.26) EPS. On average, equities analysts expect that Sea Limited will post 0.77 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Wedbush reiterated an “outperform” rating and issued a $105.00 price target (up from $84.00) on shares of SEA in a research report on Monday, November 4th. Citigroup cut their target price on SEA from $81.00 to $80.00 and set a “buy” rating for the company in a research report on Tuesday, July 23rd. TD Cowen raised their price target on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research report on Wednesday. Barclays upped their price objective on shares of SEA from $87.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, August 15th. Finally, JPMorgan Chase & Co. upgraded shares of SEA from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $66.00 to $90.00 in a research note on Wednesday, August 14th. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $87.69.

SEA Company Profile

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as promotes eSports operations.