141,251 Shares in Sea Limited Sponsored ADR $SE Acquired by Matthews International Capital Management LLC

Matthews International Capital Management LLC purchased a new stake in shares of Sea Limited Sponsored ADR (NYSE:SE) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 141,251 shares of the Internet company based in Singapore’s stock, valued at approximately $13,752,000. SEA accounts for about 5.6% of Matthews International Capital Management LLC’s investment portfolio, making the stock its 5th biggest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. M&G PLC raised its position in shares of SEA by 2.7% during the third quarter. M&G PLC now owns 291,229 shares of the Internet company based in Singapore’s stock worth $28,249,000 after purchasing an additional 7,602 shares during the period. Hohimer Wealth Management LLC lifted its holdings in shares of SEA by 5.8% during the third quarter. Hohimer Wealth Management LLC now owns 6,997 shares of the Internet company based in Singapore’s stock valued at $681,000 after purchasing an additional 382 shares during the last quarter. Euro Pacific Asset Management LLC purchased a new stake in shares of SEA during the third quarter valued at $2,159,000. Candriam S.C.A. acquired a new position in shares of SEA in the 3rd quarter valued at $2,517,000. Finally, Ethic Inc. boosted its position in shares of SEA by 602.0% in the 3rd quarter. Ethic Inc. now owns 31,085 shares of the Internet company based in Singapore’s stock valued at $3,026,000 after purchasing an additional 26,657 shares during the period. Institutional investors own 59.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SE. Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. Wall Street Zen cut shares of SEA from a “buy” rating to a “hold” rating in a report on Sunday, November 1st. New Street Research downgraded shares of SEA from a “buy” rating to a “neutral” rating and set a $70.00 target price on the stock. in a research report on Monday, October 26th. Arete Research raised shares of SEA from a “neutral” rating to a “buy” rating and set a $152.00 target price on the stock in a research report on Monday, September 7th. Finally, Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $137.00.

Insider Transactions at SEA

In related news, COO Gang Ye sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $120.08, for a total transaction of $3,602,400.00. Following the transaction, the chief operating officer owned 310,000 shares of the company’s stock, valued at approximately $37,224,800. This trade represents a 8.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Xiaodong Li sold 57,690 shares of SEA stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $122.28, for a total transaction of $7,054,333.20. Following the completion of the sale, the chief executive officer owned 1,232,992 shares of the company’s stock, valued at $150,770,261.76. This trade represents a 4.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 874,536 shares of company stock worth $97,313,140. Corporate insiders own 0.22% of the company’s stock.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Revenue rose 43.4% year over year to $8.58 billion, beating estimates, while net income increased 34% to $502.5 million. Shopee, Monee and Garena all recorded growth. Sea Limited Q3 results
• Positive Sentiment: The board approved an additional $1 billion share-repurchase authorization, offering a potential source of shareholder returns. Sea earnings and investment outlook
• Negative Sentiment: Adjusted EPS of $0.78 missed the cited analyst consensus of $1.04. The shortfall likely overshadowed revenue growth and raised questions about earnings delivery. Sea Q3 earnings
• Negative Sentiment: Monee’s revenue expanded, but its credit-loss provisions reportedly climbed 82.3% in the quarter, fueling concerns about lending risk and the durability of margins. Sea Q3 growth and credit-loss provisions
• Neutral Sentiment: Investors are also weighing whether Sea’s valuation is justified by its earnings power and ability to turn profits into dependable cash flow. Sea stock fair-value discussion

SEA Stock Performance

Shares of SE stock opened at $76.83 on Wednesday. Sea Limited Sponsored ADR has a fifty-two week low of $71.53 and a fifty-two week high of $159.09. The stock’s 50-day moving average is $93.29 and its two-hundred day moving average is $97.38. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48. The firm has a market cap of $46.95 billion, a P/E ratio of 29.66, a PEG ratio of 0.80 and a beta of 1.58.

SEA (NYSE:SE) last announced its quarterly earnings results on Tuesday, November 10th. The Internet company based in Singapore reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.21). The firm had revenue of $8.58 billion for the quarter, compared to analyst estimates of $8.08 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The firm’s quarterly revenue was up 43.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.59 earnings per share. Analysts predict that Sea Limited Sponsored ADR will post 2.88 earnings per share for the current fiscal year.

About SEA

Sea Limited is a Singapore-based technology company operating digital entertainment, e-commerce and digital financial services businesses. Founded in 2009 as Garena, the company adopted the name Sea Limited in 2017. Its digital entertainment business, Garena, publishes and develops online games and also provides a platform for users to access games and connect with other players. Shopee, Sea’s e-commerce platform, serves consumers and merchants in Southeast Asia and other markets, including Taiwan and parts of Latin America.