Public Employees Retirement System of Ohio Purchases New Stake in Sea Limited Sponsored ADR $SE

Public Employees Retirement System of Ohio acquired a new position in shares of Sea Limited Sponsored ADR (NYSE:SE) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 391,597 shares of the Internet company based in Singapore’s stock, valued at approximately $37,527,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SE. Flossbach Von Storch SE bought a new position in shares of SEA during the 2nd quarter valued at approximately $1,725,000. Handelsbanken Fonder AB lifted its stake in SEA by 18.8% in the second quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock valued at $16,066,000 after purchasing an additional 26,498 shares during the last quarter. Valeo Financial Advisors LLC bought a new position in SEA during the second quarter valued at $215,000. GAMMA Investing LLC grew its holdings in 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 valued at $262,000 after purchasing an additional 170 shares during the period. Finally, Versant Capital Management Inc increased its position in SEA by 195.7% in the second quarter. Versant Capital Management Inc now owns 2,561 shares of the Internet company based in Singapore’s stock worth $245,000 after buying an additional 1,695 shares during the last quarter. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

SEA Stock Performance

Shares of SE opened at $119.48 on Friday. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The stock’s 50-day simple moving average is $108.91 and its 200 day simple moving average is $97.07. 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 stock has a market capitalization of $73.01 billion, a price-to-earnings ratio of 46.13, a price-to-earnings-growth ratio of 1.19 and a beta of 1.54.

SEA (NYSE:SE) last posted its 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 company had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same period in the previous year, the firm earned $0.65 EPS. The firm’s quarterly revenue was up 48.3% compared to the same quarter last year. Research analysts forecast that Sea Limited Sponsored ADR will post 2.91 EPS for the current fiscal year.

Insider Buying and Selling

In related news, COO Gang Ye sold 30,000 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, 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 Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Xiaodong Li sold 1,057,650 shares of the company’s stock in a transaction that occurred 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 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 disclosure for this sale is available in the SEC filing. Insiders sold 1,934,586 shares of company stock valued at $234,992,341 over the last 90 days. 0.22% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on SE. Morgan Stanley restated an “overweight” rating and issued a $153.00 target price on shares of SEA in a research note on Thursday, August 13th. Barclays lifted their price objective on SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Benchmark boosted their price objective on SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Zacks Research downgraded shares of SEA from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Finally, JPMorgan Chase & Co. cut their target price on shares of SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.90.

More SEA News

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.

About SEA

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.