APG Asset Management N.V. Sells 12,957 Shares of Sea Limited (NYSE:SE)

APG Asset Management N.V. reduced its holdings in shares of Sea Limited (NYSE:SE - Free Report) by 24.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 39,059 shares of the Internet company based in Singapore's stock after selling 12,957 shares during the quarter. APG Asset Management N.V.'s holdings in SEA were worth $4,002,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Farther Finance Advisors LLC boosted its stake in shares of SEA by 43.8% in the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock valued at $39,000 after purchasing an additional 112 shares in the last quarter. SOA Wealth Advisors LLC. grew its stake in shares of 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 buying an additional 150 shares during the last quarter. TD Private Client Wealth LLC increased its holdings in shares of SEA by 33.7% during the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore's stock worth $57,000 after buying an additional 152 shares in the last quarter. Ballentine Partners LLC lifted its stake in shares of SEA by 5.6% in the 4th quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore's stock valued at $315,000 after acquiring an additional 158 shares during the last quarter. Finally, Moseley Investment Management Inc. boosted its holdings in shares of SEA by 4.3% during the 4th quarter. Moseley Investment Management Inc. now owns 3,870 shares of the Internet company based in Singapore's stock valued at $411,000 after acquiring an additional 161 shares in the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several analysts have recently weighed in on SE shares. Loop Capital boosted their price target on SEA from $135.00 to $165.00 and gave the stock a "buy" rating in a report on Monday, March 31st. Phillip Securities upgraded shares of SEA from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 7th. Wedbush reaffirmed an "outperform" rating on shares of SEA in a research note on Tuesday. UBS Group boosted their price objective on shares of SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Finally, JPMorgan Chase & Co. increased their price target on SEA from $133.00 to $160.00 and gave the company an "overweight" rating in a research note on Wednesday, March 5th. Three investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, SEA presently has a consensus rating of "Moderate Buy" and a consensus price target of $121.40.

SEA Stock Up 0.9 %

Shares of SE traded up $1.03 during trading hours on Tuesday, reaching $119.76. 4,165,871 shares of the stock traded hands, compared to its average volume of 4,715,891. Sea Limited has a 52 week low of $51.70 and a 52 week high of $147.73. The company has a market cap of $68.55 billion, a price-to-earnings ratio of 798.43 and a beta of 1.73. The stock has a fifty day simple moving average of $126.74 and a 200 day simple moving average of $114.41. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36.

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.