Flossbach Von Storch SE Makes New Investment in Sea Limited Sponsored ADR $SE

Flossbach Von Storch SE bought a new stake in Sea Limited Sponsored ADR (NYSE:SE) in the 2nd quarter, HoldingsChannel reports. The firm bought 18,000 shares of the Internet company based in Singapore’s stock, valued at approximately $1,725,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Zions Bancorporation National Association UT raised its holdings in shares of SEA by 539.6% during the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after acquiring an additional 259 shares during the period. Cornerstone Planning Group LLC grew its holdings in shares of SEA by 26.5% in the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after purchasing an additional 174 shares during the period. Cullen Frost Bankers Inc. increased its position in SEA by 102.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock worth $144,000 after purchasing an additional 573 shares during the last quarter. Osbon Capital Management LLC acquired a new stake in SEA during the fourth quarter worth about $175,000. Finally, EverSource Wealth Advisors LLC raised its stake in SEA by 43.1% during the first quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the Internet company based in Singapore’s stock worth $206,000 after purchasing an additional 751 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Howard Marks’ Oaktree Capital disclosed a new position in Sea worth approximately $60.9 million. The investment could reinforce confidence in Sea’s long-term growth prospects following the stock’s decline from its 52-week high. Howard Marks investment article
• Positive Sentiment: Sea’s latest quarterly revenue rose 48.3% year over year to $7.79 billion, surpassing the $7.12 billion analyst consensus. The company’s e-commerce, digital entertainment and financial-services businesses continue to deliver substantial top-line growth.
• Positive Sentiment: Analyst sentiment remains broadly favorable. Sea has a “Moderate Buy” consensus rating and an average price target of $151.90, while Benchmark recently raised its target to $175. Sea growth model article
• Neutral Sentiment: Sea’s valuation remains demanding at roughly 45 times earnings, making the stock highly dependent on continued growth and improving profitability. Its shares are trading above both the 50-day and 200-day moving averages, indicating positive momentum but also increased sensitivity to disappointing news.
• Negative Sentiment: Quarterly EPS was $0.70, below the $0.86 consensus estimate. Although revenue beat expectations, the earnings shortfall may temper enthusiasm and raise questions about margin performance.
• Negative Sentiment: Multiple executives and directors recently sold shares. COO Gang Ye disposed of 50,000 shares for approximately $5.9 million, while the CFO, president, director Chen Seng Heng and other insiders also reduced their holdings. The breadth of the selling may concern investors about near-term valuation, even though insiders retained sizable positions. Gang Ye share sale article SEA insider selling report

Insider Buying and Selling

In other SEA news, CEO Xiaodong Li sold 1,057,650 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $129.80, for a total transaction of $137,282,970.00. Following the transaction, the chief executive officer directly owned 288,450 shares in the company, valued at $37,440,810. This represents a 78.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Gang Ye sold 30,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $129.35, for a total value of $3,880,500.00. Following the transaction, the chief operating officer owned 430,000 shares of the company’s stock, valued at approximately $55,620,500. This represents a 6.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,775,503 shares of company stock valued at $214,945,499 in the last ninety days. 0.22% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on SE shares. Benchmark increased their price target on shares of SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. reduced their price target on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. TD Cowen reiterated a “hold” rating on shares of SEA in a research report on Monday. Finally, Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research note on Tuesday, May 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, SEA presently has an average rating of “Moderate Buy” and an average target price of $151.90.

SEA Trading Up 2.6%

Shares of SE stock opened at $119.26 on Thursday. 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 $72.87 billion, a PE ratio of 46.05, a price-to-earnings-growth ratio of 1.05 and a beta of 1.54. The company has a 50-day moving average of $104.59 and a two-hundred day moving average of $96.56. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30.

SEA (NYSE:SE) last released its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). The company had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. SEA’s revenue was up 48.3% on a year-over-year basis. During the same period last year, the firm posted $0.65 earnings per share. On average, analysts predict that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

SEA Company 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.