This afternoon we watched Sea drop -2.0% to a price of $37.8 per share. The large-cap Staffing & Employment Services company is now trading -34.7% below its average target price of $57.88. Analysts have set target prices ranging from $32.0 to $145.0 per share for Sea, and have given the stock an average rating of buy.
Sea has an average level of shares sold short, at 6.4% of its total share float. The stock's short ratio (also called days to cover) is 2.09. The company's insiders own 10.32% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 53.5% of Sea's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Sea
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2023-09-30 | Baillie Gifford and Company | 5% | 26,137,417 | $987,863,627 |
2023-09-30 | FMR, LLC | 4% | 21,686,487 | $819,640,736 |
2023-09-30 | Blackrock Inc. | 3% | 16,212,531 | $612,752,579 |
2023-09-30 | Sands Capital Management, LLC | 3% | 16,119,943 | $609,253,216 |
2023-09-30 | Tiger Global Management, LLC | 2% | 11,702,820 | $442,308,060 |
2023-09-30 | Price (T.Rowe) Associates Inc | 2% | 11,226,560 | $424,307,814 |
2023-09-30 | Capital Research Global Investors | 2% | 10,356,685 | $391,430,890 |
2023-09-30 | Atreides Management, LP | 1% | 7,084,934 | $267,775,067 |
2023-09-30 | State Street Corporation | 1% | 6,299,463 | $238,088,192 |
2023-09-30 | Morgan Stanley | 1% | 6,069,772 | $229,407,021 |