Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Sea Limited NYSE: SE. In a filing disclosed on March 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in SEA stock on March 5th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT #2" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 3/7/2025.
- Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/6/2025.
- Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 3/4/2025.
- Sold $15,001 - $50,000 in shares of Alibaba Group NYSE: BABA on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Zoom Video Communications NASDAQ: ZM on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/3/2025.
- Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/3/2025.
- Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 3/3/2025.
SEA Stock Up 2.0 %
NYSE:SE traded up $2.61 during midday trading on Wednesday, hitting $135.07. 1,044,053 shares of the company were exchanged, compared to its average volume of 4,341,101. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. Sea Limited has a fifty-two week low of $51.70 and a fifty-two week high of $147.73. The company has a market capitalization of $77.31 billion, a PE ratio of 899.40 and a beta of 1.62. The company has a fifty day simple moving average of $127.88 and a 200 day simple moving average of $112.45.
Wall Street Analysts Forecast Growth
SE has been the subject of several research reports. Phillip Securities raised SEA from a "moderate sell" rating to a "hold" rating in a report on Friday, March 7th. Jefferies Financial Group boosted their price objective on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Benchmark raised their target price on shares of SEA from $130.00 to $150.00 and gave the stock a "buy" rating in a research report on Wednesday, March 5th. Arete Research upgraded shares of SEA to a "strong-buy" rating in a research report on Sunday, March 23rd. Finally, Barclays raised their price objective on shares of SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a research report on Friday, March 7th. Three research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $121.40.
Check Out Our Latest Analysis on SE
Hedge Funds Weigh In On SEA
A number of large investors have recently modified their holdings of the business. Perpetual Ltd grew 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 during the period. Ninety One UK Ltd boosted its position in shares of SEA by 1,673.2% during 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 purchasing an additional 1,173,738 shares in the last quarter. M&T Bank Corp grew its stake in shares of SEA by 2,163.9% during the 3rd quarter. M&T Bank Corp now owns 74,505 shares of the Internet company based in Singapore's stock worth $7,024,000 after purchasing an additional 71,214 shares during the period. SeaTown Holdings Pte. Ltd. purchased a new position in shares of SEA in the 4th quarter valued at about $4,821,000. Finally, Public Sector Pension Investment Board lifted its stake in shares of SEA by 24.8% in the third quarter. Public Sector Pension Investment Board now owns 191,807 shares of the Internet company based in Singapore's stock valued at $18,084,000 after purchasing an additional 38,100 shares during the period. 59.53% of the stock is owned by hedge funds and other institutional investors.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
About SEA
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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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