Callan Family Office LLC Invests $254,000 in Sea Limited (NYSE:SE)

Callan Family Office LLC purchased a new position in shares of Sea Limited (NYSE:SE - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,390 shares of the Internet company based in Singapore's stock, valued at approximately $254,000.

A number of other hedge funds have also made changes to their positions in SE. Private Trust Co. NA lifted its stake in SEA by 474.4% during the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock worth $26,000 after purchasing an additional 204 shares during the last quarter. Kestra Investment Management LLC bought a new position in SEA during the fourth quarter worth $34,000. Truvestments Capital LLC bought a new position in SEA during the third quarter worth $41,000. Icon Wealth Advisors LLC bought a new position in SEA during the third quarter worth $47,000. Finally, Geneos Wealth Management Inc. lifted its stake in SEA by 4,663.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore's stock worth $56,000 after purchasing an additional 513 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SE shares. TD Cowen raised their target price on SEA from $69.00 to $100.00 and gave the company a "hold" rating in a research note on Wednesday, November 13th. Phillip Securities upgraded SEA from a "moderate sell" rating to a "hold" rating in a research note on Friday, March 7th. Barclays raised their target price on SEA from $148.00 to $182.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. Sanford C. Bernstein set a $145.00 target price on SEA and gave the company an "outperform" rating in a research note on Wednesday, March 5th. Finally, Dbs Bank upgraded SEA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, November 13th. Three investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, SEA has a consensus rating of "Moderate Buy" and a consensus target price of $116.67.

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SEA Price Performance

NYSE:SE opened at $127.62 on Wednesday. The business's 50-day moving average price is $121.66 and its 200 day moving average price is $106.85. The firm has a market cap of $73.04 billion, a P/E ratio of 850.83 and a beta of 1.62. Sea Limited has a 52-week low of $51.70 and a 52-week 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.

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.

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