SE Shares Still Below 52 Week High Despite Surge

By Kim Brooks • Thursday, December 21 12:18 • Permanent Link

Sea stock is trading -38.19% below its average target price of $57.88 after marking a 1.9% during today's afternoon session. Analysts are giving the large-cap Staffing & Employment Services company an average rating of buy and target prices ranging from $32.0 to $145.0 per share.

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	$935,066,133
2023-09-30	FMR, LLC	4%	21,686,487	$775,834,105
2023-09-30	Blackrock Inc.	3%	16,212,531	$580,003,321
2023-09-30	Sands Capital Management, LLC	3%	16,119,943	$576,690,985
2023-09-30	Tiger Global Management, LLC	2%	11,702,820	$418,668,403
2023-09-30	Price (T.Rowe) Associates Inc	2%	11,226,560	$401,630,201
2023-09-30	Capital Research Global Investors	2%	10,356,685	$370,510,421
2023-09-30	Atreides Management, LP	1%	7,084,934	$253,463,524
2023-09-30	State Street Corporation	1%	6,299,463	$225,363,298
2023-09-30	Morgan Stanley	1%	6,069,772	$217,146,102

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.