Flossbach Von Storch SE Purchases New Shares in Sea Limited Sponsored ADR $SE

Flossbach Von Storch SE acquired a new stake in Sea Limited Sponsored ADR (NYSE:SE) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 18,000 shares of the Internet company based in Singapore’s stock, valued at approximately $1,725,000.

Other large investors have also modified their holdings of the company. Handelsbanken Fonder AB grew its position in shares of SEA by 18.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock valued at $16,066,000 after acquiring an additional 26,498 shares during the period. Valeo Financial Advisors LLC acquired a new position in SEA in the 2nd quarter worth about $215,000. GAMMA Investing LLC boosted its position 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 worth $262,000 after purchasing an additional 170 shares in the last quarter. Versant Capital Management Inc boosted its position in SEA by 195.7% during 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 purchasing an additional 1,695 shares in the last quarter. Finally, Rathbones Group PLC grew its holdings in SEA by 39.7% in the first quarter. Rathbones Group PLC now owns 30,750 shares of the Internet company based in Singapore’s stock valued at $2,546,000 after purchasing an additional 8,735 shares during the period. Institutional investors and hedge funds own 59.53% of the company’s stock.

SEA Price Performance

NYSE:SE opened at $119.26 on Thursday. The stock 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 12 month low of $77.05 and a 12 month high of $199.30. The firm has a market cap of $72.87 billion, a P/E ratio of 46.05, a price-to-earnings-growth ratio of 1.05 and a beta of 1.54. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07.

SEA (NYSE:SE) last released its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing the consensus estimate 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 last year, the business earned $0.65 EPS. The business’s revenue was up 48.3% compared to the same quarter last year. On average, analysts expect that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current fiscal year.

SEA News Summary

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

Insiders Place Their Bets

In other news, COO Gang Ye sold 30,000 shares of the company’s stock in a transaction 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 sale, the chief operating officer owned 430,000 shares of the company’s stock, valued at $55,620,500. This represents a 6.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Xiaodong Li sold 1,057,650 shares of the 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 owned 288,450 shares of the company’s stock, valued at $37,440,810. This trade represents a 78.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,775,503 shares of company stock worth $214,945,499 in the last 90 days. 0.22% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. TD Cowen restated a “hold” rating on shares of SEA in a research report on Monday. Barclays increased their target price on SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Zacks Research cut shares of SEA from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Benchmark boosted their price target on shares of SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. reduced their price objective 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 given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $151.90.

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.