Candriam S.C.A. Sells 14,280 Shares of Sea Limited (NYSE:SE)

Candriam S.C.A. trimmed its holdings in shares of Sea Limited (NYSE:SE - Free Report) by 10.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 126,843 shares of the Internet company based in Singapore's stock after selling 14,280 shares during the quarter. Candriam S.C.A.'s holdings in SEA were worth $13,458,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Private Trust Co. NA raised its position in shares of SEA by 474.4% during the 4th quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock valued at $26,000 after buying an additional 204 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in SEA during the fourth quarter valued at about $34,000. Truvestments Capital LLC purchased a new stake in SEA during the third quarter valued at about $41,000. Icon Wealth Advisors LLC bought a new stake in SEA during the third quarter worth about $47,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of SEA by 4,663.6% in the 4th 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 in the last quarter. 59.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on SE shares. UBS Group raised their price objective on SEA from $135.00 to $176.00 and gave the company a "buy" rating in a report on Friday. JPMorgan Chase & Co. boosted their price objective on shares of SEA from $133.00 to $160.00 and gave the stock an "overweight" rating in a report on Wednesday, March 5th. TD Cowen increased their target price on shares of SEA from $69.00 to $100.00 and gave the company a "hold" rating in a report on Wednesday, November 13th. Dbs Bank upgraded shares of SEA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 13th. Finally, Jefferies Financial Group upped their price target on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, SEA has a consensus rating of "Moderate Buy" and an average target price of $116.67.

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SEA Trading Up 0.2 %

SE stock traded up $0.30 during trading on Tuesday, reaching $127.62. The company had a trading volume of 6,957,289 shares, compared to its average volume of 4,461,541. The business has a 50 day moving average of $121.66 and a 200 day moving average of $106.85. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. The company 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.

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.