Sea Limited (NYSE:SE) Shares Bought by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. grew its position in Sea Limited (NYSE:SE) by 59.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,013 shares of the Internet company based in Singapore’s stock after purchasing an additional 1,493 shares during the period. Atria Wealth Solutions Inc.’s holdings in SEA were worth $426,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Rosenberg Matthew Hamilton lifted its stake in shares of SEA by 213.7% during the third quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock worth $28,000 after purchasing an additional 203 shares in the last quarter. Truvestments Capital LLC acquired a new position in SEA during the 3rd quarter worth approximately $41,000. Icon Wealth Advisors LLC purchased a new position in SEA in the 3rd quarter worth approximately $47,000. Geneos Wealth Management Inc. grew its position in SEA by 4,663.6% in the fourth quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore’s stock valued at $56,000 after acquiring an additional 513 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its stake in shares of SEA by 33.7% during the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock valued at $57,000 after purchasing an additional 152 shares during the period. Hedge funds and other institutional investors own 59.53% of the company’s stock.

SEA Stock Performance

SE stock opened at $126.52 on Friday. 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 12-month low of $46.06 and a 12-month high of $139.18. The stock’s 50 day simple moving average is $118.39 and its 200 day simple moving average is $103.78. The firm has a market cap of $72.41 billion, a P/E ratio of 843.45 and a beta of 1.55.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Barclays upped their target price on shares of SEA from $131.00 to $148.00 and gave the company an “overweight” rating in a research note on Wednesday. Phillip Securities restated a “reduce” rating and set a $100.00 target price (up from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Dbs Bank raised SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. Benchmark raised their price objective on SEA from $94.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Finally, TD Cowen upped their target price on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $92.43.

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.