Livforsakringsbolaget Skandia Omsesidigt Purchases New Position in Sea Limited Sponsored ADR $SE

Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Sea Limited Sponsored ADR (NYSE:SE) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 129,600 shares of the Internet company based in Singapore’s stock, valued at approximately $12,410,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC boosted its holdings in shares of SEA by 8.0% in the fourth quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore’s stock valued at $255,000 after acquiring an additional 148 shares during the period. SlateStone Wealth LLC lifted its holdings in shares of SEA by 0.5% during the fourth quarter. SlateStone Wealth LLC now owns 31,098 shares of the Internet company based in Singapore’s stock worth $3,967,000 after purchasing an additional 150 shares during the period. GAMMA Investing LLC lifted its holdings in shares of SEA by 6.6% during the second quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore’s stock worth $262,000 after purchasing an additional 170 shares during the period. Cornerstone Planning Group LLC grew its position in SEA by 26.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after buying an additional 174 shares during the last quarter. Finally, Advisory Services Network LLC grew its position in SEA by 7.1% in the 4th quarter. Advisory Services Network LLC now owns 3,609 shares of the Internet company based in Singapore’s stock valued at $460,000 after buying an additional 239 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

SEA Stock Up 1.0%

SE opened at $119.48 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. The company has a market cap of $73.01 billion, a price-to-earnings ratio of 46.13, a PEG ratio of 1.19 and a beta of 1.54. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The business’s fifty day moving average is $108.91 and its two-hundred day moving average is $97.07.

SEA (NYSE:SE) last announced its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). SEA had a net margin of 5.98% and a return on equity of 13.54%. The firm had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.12 billion. During the same quarter in the prior year, the business earned $0.65 EPS. The company’s quarterly revenue was up 48.3% compared to the same quarter last year. Analysts anticipate that Sea Limited Sponsored ADR will post 2.91 EPS for the current fiscal year.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Analysts remain broadly constructive on SE. The stock has a consensus “Moderate Buy” rating and an average price target of $151.90. Benchmark raised its target to $175 and maintained a Buy rating, while JPMorgan retained its Overweight rating with a $163 target. Sea analyst ratings
• Positive Sentiment: Institutional ownership remains high at approximately 59.5%, and several investors increased their positions during the second quarter. Continued institutional participation may provide support for the stock. Sea institutional ownership
• Neutral Sentiment: Sea’s latest quarter showed substantial operating growth: revenue rose 48.3% year over year to $7.79 billion, exceeding the $7.12 billion consensus estimate. Still, earnings per share of $0.70 fell short of analysts’ $0.86 forecast, indicating that profitability remains a concern despite strong top-line momentum.
• Negative Sentiment: Multiple executives sold shares on August 25–26. CEO Xiaodong Li sold 57,690 shares for approximately $7.05 million, COO Gang Ye sold 30,000 shares for about $3.60 million, and President Zhimin Feng sold a combined 18,872 shares for roughly $2.30 million. Additional sales by insiders Feng Zhao and Yanjun Wang brought the total above 110,000 shares. The transactions were disclosed in SEC filings and may create a near-term sentiment overhang. Sea insider filing
• Negative Sentiment: Yanjun Wang has repeatedly sold 1,500 shares every few trading days since early August, including another sale on August 26 at $119.81. These trades may reflect scheduled diversification, but their frequency adds to investor caution.

Wall Street Analyst Weigh In

SE has been the subject of a number of analyst reports. Zacks Research downgraded shares of SEA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. TD Cowen reaffirmed a “hold” rating on shares of SEA in a report on Monday, August 17th. Barclays increased their price target on shares of SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Weiss Ratings raised SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Finally, Benchmark boosted their target price on shares of SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, SEA has an average rating of “Moderate Buy” and an average price target of $151.90.

Insider Activity

In other SEA news, COO Gang Ye sold 30,000 shares of SEA stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $129.35, for a total transaction of $3,880,500.00. Following the completion of the transaction, the chief operating officer owned 430,000 shares in the company, valued at approximately $55,620,500. The trade was a 6.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Xiaodong Li sold 1,057,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $129.80, for a total transaction of $137,282,970.00. Following the completion of the sale, the chief executive officer directly owned 288,450 shares in the company, valued at $37,440,810. This trade represents a 78.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,934,586 shares of company stock valued at $234,992,341 over the last 90 days. 0.22% of the stock is currently owned by insiders.

SEA Profile

Sea Limited (NYSE: SE) is a Singapore-based consumer internet company that operates a trio of interconnected businesses across digital entertainment, e-commerce and digital financial services. Founded in 2009 as Garena and later rebranded as Sea, the company is headquartered in Singapore and listed on the New York Stock Exchange. Sea positions itself as a technology platform focused on enabling online consumers, merchants and developers primarily across Southeast Asia and adjacent markets.

Sea’s digital entertainment arm, Garena, is a game developer and publisher that also organizes esports initiatives and operates online gaming platforms.