2,587 Shares in Sea Limited (NYSE:SE) Bought by Beverly Hills Private Wealth LLC

Beverly Hills Private Wealth LLC purchased a new position in shares of Sea Limited (NYSE:SE - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,587 shares of the Internet company based in Singapore's stock, valued at approximately $274,000.

A number of other hedge funds also recently bought and sold shares of the stock. Ameriprise Financial Inc. lifted its position in shares of SEA by 18.7% during the 4th quarter. Ameriprise Financial Inc. now owns 198,310 shares of the Internet company based in Singapore's stock worth $21,041,000 after purchasing an additional 31,224 shares during the last quarter. Algert Global LLC acquired a new position in shares of SEA during the 4th quarter worth about $827,000. Apis Capital Advisors LLC purchased a new position in shares of SEA in the 4th quarter valued at about $3,926,000. Anatole Investment Management Ltd acquired a new stake in shares of SEA during the 4th quarter worth about $22,138,000. Finally, Absoluto Partners Gestao de Recursos Ltda purchased a new stake in SEA during the fourth quarter worth approximately $1,259,000. Institutional investors and hedge funds own 59.53% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on SE shares. Benchmark increased their price target on shares of SEA from $130.00 to $150.00 and gave the company a "buy" rating in a research note on Wednesday, March 5th. Barclays lifted their price target on shares of SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a research note on Friday, March 7th. Phillip Securities upgraded shares of SEA from a "moderate sell" rating to a "hold" rating in a research note on Friday, March 7th. Wedbush reiterated an "outperform" rating and set a $135.00 target price on shares of SEA in a research report on Tuesday, April 15th. Finally, UBS Group upped their target price on SEA from $135.00 to $176.00 and gave the company a "buy" rating in a research report on Friday, March 7th. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, SEA currently has a consensus rating of "Moderate Buy" and an average price target of $125.43.

SEA Stock Performance

Shares of SE opened at $142.53 on Tuesday. The stock has a market capitalization of $83.97 billion, a P/E ratio of 950.20 and a beta of 1.70. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. Sea Limited has a 1 year low of $55.00 and a 1 year high of $147.73. The company's fifty day moving average is $125.98 and its two-hundred day moving average is $117.55.

SEA 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.

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