Investors Buy High Volume of Call Options on SEA (NYSE:SE)

Sea Limited (NYSE:SE) saw some unusual options trading activity on Monday. Investors acquired 33,541 call options on the stock. This represents an increase of 188% compared to the typical volume of 11,650 call options.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Dbs Bank upgraded shares of SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Benchmark raised their price target on shares of SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Jefferies Financial Group lifted their price objective on shares of SEA from $131.00 to $157.00 and gave the stock a “buy” rating in a research note on Tuesday. TD Cowen upped their target price on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research report on Wednesday, November 13th. Finally, Barclays lifted their price target on SEA from $131.00 to $148.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, SEA has a consensus rating of “Moderate Buy” and an average price target of $96.73.

SEA Trading Up 7.4 %

Shares of SEA stock opened at $132.58 on Wednesday. SEA has a twelve month low of $51.70 and a twelve month high of $139.18. The firm’s 50-day moving average price is $119.00 and its 200 day moving average price is $104.91. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $75.88 billion, a PE ratio of 883.89 and a beta of 1.55.

Institutional Trading of SEA

Several large investors have recently bought and sold shares of SE. State of Wyoming raised its holdings in shares of SEA by 3.1% during the 4th quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore’s stock worth $319,000 after acquiring an additional 90 shares during the period. Covenant Partners LLC increased its position in SEA by 2.4% during the fourth quarter. Covenant Partners LLC now owns 4,248 shares of the Internet company based in Singapore’s stock worth $451,000 after purchasing an additional 101 shares during the last quarter. Farther Finance Advisors LLC raised its stake in SEA by 43.8% during the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore’s stock worth $39,000 after purchasing an additional 112 shares during the period. SOA Wealth Advisors LLC. raised its stake in SEA by 33.3% during the third quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore’s stock worth $57,000 after purchasing an additional 150 shares during the period. Finally, TD Private Client Wealth LLC boosted its holdings in SEA by 33.7% in the 3rd 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. Hedge funds and other institutional investors own 59.53% of the company’s stock.

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.