Sea Ltd (NYSE:SE) saw some unusual options trading on Wednesday. Stock traders acquired 8,981 call options on the company. This is an increase of approximately 11,268% compared to the average volume of 79 call options.

Several equities research analysts recently commented on the company. ValuEngine raised SEA from a “hold” rating to a “buy” rating in a report on Tuesday, September 4th. Zacks Investment Research raised SEA from a “sell” rating to a “hold” rating in a report on Saturday, July 28th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $18.00.

SEA stock opened at $13.24 on Thursday. The company has a current ratio of 2.54, a quick ratio of 2.52 and a debt-to-equity ratio of 4.95. SEA has a 1 year low of $10.06 and a 1 year high of $17.19.

A number of institutional investors have recently bought and sold shares of SE. Sei Investments Co. acquired a new position in SEA in the first quarter worth approximately $111,000. Northern Trust Corp acquired a new position in SEA in the first quarter worth approximately $121,000. First Mercantile Trust Co. purchased a new position in SEA during the 1st quarter worth approximately $123,000. First Trust Advisors LP purchased a new position in SEA during the 2nd quarter worth approximately $159,000. Finally, Arrowgrass Capital Partners US LP purchased a new position in SEA during the 2nd quarter worth approximately $198,000. Hedge funds and other institutional investors own 28.78% of the company’s stock.

SEA Company Profile

Sea Limited engages in the digital entertainment, e-commerce, and digital financial service businesses in the Greater Southeast Asia. The company operates through three segments: Digital Entertainment, E-commerce and Digital Financial services. It provides Garena digital entertainment platform for users to access mobile and PC online games, and eSports operations; and access to other entertainment content, such as live streaming of online gameplay and social features.

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