Sea Limited (NYSE:SE) Shares Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Sea Limited (NYSE:SE - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 303,021 shares of the Internet company based in Singapore's stock after purchasing an additional 6,822 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.05% of SEA worth $32,151,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Perpetual Ltd grew its holdings in SEA by 3,033.0% in the fourth quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore's stock valued at $222,598,000 after purchasing an additional 2,031,038 shares during the period. Ninety One UK Ltd increased its holdings in SEA by 1,673.2% in the 4th 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 in the last quarter. M&T Bank Corp raised its position in SEA by 2,163.9% during the third quarter. M&T Bank Corp now owns 74,505 shares of the Internet company based in Singapore's stock worth $7,024,000 after acquiring an additional 71,214 shares during the period. PNC Financial Services Group Inc. lifted its holdings in SEA by 322.8% during the third quarter. PNC Financial Services Group Inc. now owns 37,327 shares of the Internet company based in Singapore's stock valued at $3,519,000 after purchasing an additional 28,499 shares in the last quarter. Finally, SeaTown Holdings Pte. Ltd. acquired a new stake in shares of SEA in the fourth quarter valued at about $4,821,000. Institutional investors and hedge funds own 59.53% of the company's stock.

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SEA Trading Up 2.9 %

SE traded up $3.62 during trading hours on Monday, reaching $129.69. The company's stock had a trading volume of 3,183,476 shares, compared to its average volume of 4,405,622. Sea Limited has a fifty-two week low of $51.70 and a fifty-two week high of $147.73. 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 stock has a market cap of $74.23 billion, a PE ratio of 864.63 and a beta of 1.62. The business's 50-day moving average is $125.76 and its 200-day moving average is $110.21.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Jefferies Financial Group upped their price target 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. Benchmark raised their target price on SEA from $130.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, March 5th. Phillip Securities upgraded SEA from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 7th. Sanford C. Bernstein set a $145.00 price objective on SEA and gave the company an "outperform" rating in a report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. upped their target price on shares of SEA from $133.00 to $160.00 and gave the stock an "overweight" rating in a report on Wednesday, March 5th. Three 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 presently has a consensus rating of "Moderate Buy" and a consensus price target of $116.67.

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.