Sea Limited (NYSE:SE) Shares Bought by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC raised its stake in shares of Sea Limited (NYSE:SE - Free Report) by 120.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,646 shares of the Internet company based in Singapore's stock after purchasing an additional 7,456 shares during the period. OneDigital Investment Advisors LLC's holdings in SEA were worth $1,448,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SE. Norges Bank purchased a new position in SEA in the fourth quarter valued at approximately $1,493,682,000. WCM Investment Management LLC increased its position in shares of SEA by 22.8% in the fourth quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore's stock worth $2,758,331,000 after acquiring an additional 4,761,289 shares in the last quarter. Perpetual Ltd raised its stake in shares of SEA by 3,033.0% in the 4th quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore's stock valued at $222,598,000 after acquiring an additional 2,031,038 shares during the period. Baillie Gifford & Co. lifted its holdings in shares of SEA by 3.5% during the 4th quarter. Baillie Gifford & Co. now owns 40,954,549 shares of the Internet company based in Singapore's stock valued at $4,345,278,000 after acquiring an additional 1,390,531 shares in the last quarter. Finally, Capital Research Global Investors boosted its position in SEA by 19.5% during the 4th quarter. Capital Research Global Investors now owns 8,126,064 shares of the Internet company based in Singapore's stock worth $862,175,000 after purchasing an additional 1,325,183 shares during the period. Hedge funds and other institutional investors own 59.53% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Phillip Securities raised SEA from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 7th. Benchmark boosted their price target on SEA from $130.00 to $150.00 and gave the stock a "buy" rating in a research report on Wednesday, March 5th. UBS Group upped their price target on SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Wedbush reiterated an "outperform" rating and set a $135.00 price objective on shares of SEA in a research note on Tuesday, April 15th. Finally, Arete Research upgraded shares of SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $125.43.

SEA Stock Up 2.3 %

Shares of SE stock traded up $3.01 during trading hours on Tuesday, hitting $133.29. 1,865,636 shares of the company were exchanged, compared to its average volume of 4,597,025. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The stock has a market capitalization of $76.29 billion, a price-to-earnings ratio of 888.90 and a beta of 1.73. Sea Limited has a one year low of $55.00 and a one year high of $147.73. The business's 50-day simple moving average is $125.00 and its two-hundred day simple moving average is $116.18.

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.