Mirabella Financial Services LLP Invests $3.36 Million in Sea Limited (NYSE:SE)

Mirabella Financial Services LLP purchased a new stake in shares of Sea Limited (NYSE:SE - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 31,392 shares of the Internet company based in Singapore's stock, valued at approximately $3,362,000.

Several other large investors have also made changes to their positions in the company. MML Investors Services LLC increased its holdings in shares of SEA by 61.3% during the 4th quarter. MML Investors Services LLC now owns 85,690 shares of the Internet company based in Singapore's stock valued at $9,092,000 after acquiring an additional 32,552 shares during the last quarter. Natixis lifted its stake in shares of SEA by 22.5% in the fourth quarter. Natixis now owns 2,793 shares of the Internet company based in Singapore's stock worth $296,000 after buying an additional 513 shares during the last quarter. MetLife Investment Management LLC boosted its holdings in shares of SEA by 31.9% during the 4th quarter. MetLife Investment Management LLC now owns 43,400 shares of the Internet company based in Singapore's stock worth $4,605,000 after buying an additional 10,500 shares during the period. Ossiam grew its stake in SEA by 498.5% in the 4th quarter. Ossiam now owns 11,353 shares of the Internet company based in Singapore's stock valued at $1,205,000 after buying an additional 9,456 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S raised its holdings in SEA by 12.4% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 62,235 shares of the Internet company based in Singapore's stock worth $6,603,000 after acquiring an additional 6,864 shares during the period. Institutional investors own 59.53% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Wedbush reissued an "outperform" rating and set a $135.00 price objective on shares of SEA in a research report on Tuesday, April 15th. Phillip Securities raised SEA from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 7th. UBS Group raised their price objective on shares of SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Loop Capital upped their target price on shares of SEA from $135.00 to $165.00 and gave the company a "buy" rating in a research note on Monday, March 31st. Finally, JPMorgan Chase & Co. lowered shares of SEA from an "overweight" rating to a "neutral" rating and decreased their price target for the stock from $160.00 to $135.00 in a research report on Wednesday, April 16th. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $125.43.

SEA Price Performance

Shares of SE traded up $3.46 during mid-day trading on Friday, reaching $127.69. The company had a trading volume of 1,658,179 shares, compared to its average volume of 4,614,107. 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 company has a market capitalization of $73.08 billion, a P/E ratio of 850.49 and a beta of 1.73. Sea Limited has a twelve month low of $55.00 and a twelve month high of $147.73. The company's 50-day moving average is $125.33 and its 200-day moving average is $115.47.

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.