Rep. Robert Bresnahan, Jr. Purchases Sea Limited (NYSE:SE) Shares

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Sea Limited NYSE: SE. In a filing disclosed on April 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in SEA stock on March 11th. 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 Cadence Design Systems NASDAQ: CDNS on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/13/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/13/2025.
• Sold $1,001 - $15,000 in shares of Reddit NYSE: RDDT on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Oracle NYSE: ORCL on 3/11/2025.
• Purchased $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/11/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 3/11/2025.

SEA Trading Down 1.9 %

Shares of SEA stock traded down $2.33 during trading on Wednesday, reaching $117.42. The company's stock had a trading volume of 293,604 shares, compared to its average volume of 4,842,978. The firm's 50-day moving average is $126.74 and its two-hundred day moving average is $114.41. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. Sea Limited has a 52-week low of $54.82 and a 52-week high of $147.73. The company has a market cap of $67.21 billion, a price-to-earnings ratio of 783.27 and a beta of 1.73.

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Hedge Funds Weigh In On SEA

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SE. Norges Bank bought a new position in shares of SEA during the fourth quarter valued at $1,493,682,000. WCM Investment Management LLC lifted its stake in SEA by 22.8% during the 4th quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore's stock valued at $2,758,331,000 after acquiring an additional 4,761,289 shares during the period. Perpetual Ltd raised its holdings in shares of 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 valued at $222,598,000 after purchasing an additional 2,031,038 shares during the last quarter. Baillie Gifford & Co. boosted its stake in shares of SEA by 3.5% in the 4th quarter. Baillie Gifford & Co. now owns 40,954,549 shares of the Internet company based in Singapore's stock worth $4,345,278,000 after buying an additional 1,390,531 shares during the last quarter. Finally, Capital Research Global Investors raised its holdings in SEA by 19.5% in 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. 59.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

SE has been the subject of several analyst reports. Jefferies Financial Group increased 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. JPMorgan Chase & Co. cut SEA from an "overweight" rating to a "neutral" rating and set a $135.00 target price on the stock. in a research note on Wednesday. Benchmark increased their price target on shares of SEA from $130.00 to $150.00 and gave the stock a "buy" rating in a research note on Wednesday, March 5th. Sanford C. Bernstein set a $145.00 price objective on SEA and gave the company an "outperform" rating in a research report on Wednesday, March 5th. Finally, 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. Four analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $119.73.

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.

SEA Company Profile

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.