XTX Topco Ltd Has $203,000 Holdings in Sea Limited (NYSE:SE)

XTX Topco Ltd trimmed its holdings in Sea Limited (NYSE:SE) by 81.4% in the second quarter, Holdings Channel reports. The institutional investor owned 2,841 shares of the Internet company based in Singapore’s stock after selling 12,453 shares during the period. XTX Topco Ltd’s holdings in SEA were worth $203,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. SOA Wealth Advisors LLC. acquired a new position in shares of SEA in the 2nd quarter valued at approximately $32,000. GAMMA Investing LLC raised its position in SEA by 121.3% during the first quarter. GAMMA Investing LLC now owns 613 shares of the Internet company based in Singapore’s stock valued at $33,000 after purchasing an additional 336 shares in the last quarter. Hexagon Capital Partners LLC lifted its stake in SEA by 63.1% during the second 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 during the last quarter. UMB Bank n.a. boosted its holdings in shares of SEA by 50.8% in the 1st quarter. UMB Bank n.a. now owns 1,188 shares of the Internet company based in Singapore’s stock valued at $64,000 after purchasing an additional 400 shares in the last quarter. Finally, Lindbrook Capital LLC increased its stake in shares of SEA by 78.8% in the 1st quarter. Lindbrook Capital LLC now owns 1,198 shares of the Internet company based in Singapore’s stock valued at $64,000 after purchasing an additional 528 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors.

SEA Stock Down 0.5 %

Shares of SE opened at $94.31 on Monday. The stock’s 50-day moving average price is $76.23 and its two-hundred day moving average price is $69.48. Sea Limited has a 12 month low of $34.35 and a 12 month high of $96.09. The company has a market capitalization of $53.98 billion, a PE ratio of 1,886.20 and a beta of 1.51. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.41.

SEA (NYSE:SE) last announced its earnings results on Tuesday, August 13th. The Internet company based in Singapore reported $0.14 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.45). The company had revenue of $3.81 billion during the quarter, compared to the consensus estimate of $3.73 billion. SEA had a negative net margin of 1.36% and a negative return on equity of 2.92%. The business’s revenue was up 23.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.54 earnings per share. On average, analysts anticipate that Sea Limited will post 0.64 EPS for the current year.

Wall Street Analysts Forecast Growth

SE has been the subject of several recent analyst reports. Barclays upped their price objective on SEA from $87.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, August 15th. Citigroup reduced their price target on shares of SEA from $81.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, July 23rd. Dbs Bank reaffirmed a “hold” rating and set a $75.00 price target on shares of SEA in a report on Friday, June 28th. Loop Capital increased their price objective on shares of SEA from $92.00 to $94.00 and gave the company a “buy” rating in a research note on Monday, June 10th. Finally, TD Cowen boosted their target price on shares of SEA from $64.00 to $69.00 and gave the stock a “hold” rating in a research note on Wednesday, August 14th. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, SEA has an average rating of “Moderate Buy” and an average price target of $80.92.

SEA 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.