Avantax Advisory Services Inc. Buys 2,166 Shares of Sea Limited (NYSE:SE)

Avantax Advisory Services Inc. boosted its stake in Sea Limited (NYSE:SE - Free Report) by 12.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,279 shares of the Internet company based in Singapore's stock after acquiring an additional 2,166 shares during the quarter. Avantax Advisory Services Inc.'s holdings in SEA were worth $2,152,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Perpetual Ltd raised its holdings in SEA by 3,033.0% during the fourth quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore's stock worth $222,598,000 after acquiring an additional 2,031,038 shares in the last quarter. Ninety One UK Ltd increased its position in SEA by 1,673.2% during the fourth quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore's stock worth $131,977,000 after acquiring an additional 1,173,738 shares during the period. M&T Bank Corp raised its holdings in SEA by 2,163.9% in the 3rd quarter. M&T Bank Corp now owns 74,505 shares of the Internet company based in Singapore's stock valued at $7,024,000 after acquiring an additional 71,214 shares in the last quarter. Atria Investments Inc lifted its holdings in shares of SEA by 262.5% during the 3rd quarter. Atria Investments Inc now owns 14,621 shares of the Internet company based in Singapore's stock worth $1,378,000 after acquiring an additional 10,588 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of SEA by 322.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 37,327 shares of the Internet company based in Singapore's stock worth $3,519,000 after acquiring an additional 28,499 shares in the last quarter. 59.53% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

SE has been the subject of several recent analyst reports. Benchmark upped their target price on SEA from $130.00 to $150.00 and gave the stock a "buy" rating in a research note on Wednesday, March 5th. Barclays upped their price objective on SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a research report on Friday, March 7th. JPMorgan Chase & Co. boosted their target price on SEA from $133.00 to $160.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 5th. UBS Group increased their target price on shares of SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Finally, Jefferies Financial Group upped their price objective on shares of SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, SEA currently has a consensus rating of "Moderate Buy" and a consensus target price of $116.67.

SEA Trading Up 0.7 %

Shares of NYSE SE traded up $0.92 during trading on Thursday, reaching $127.07. The company had a trading volume of 4,432,260 shares, compared to its average volume of 4,457,132. Sea Limited has a 12 month low of $51.70 and a 12 month high of $147.73. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The stock has a market cap of $72.73 billion, a P/E ratio of 847.15 and a beta of 1.61. The company's fifty day moving average price is $124.58 and its 200-day moving average price is $108.95.

SEA Company Profile

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.