24,000 Shares in Sea Limited Sponsored ADR (NYSE:SE) Purchased by Triglav Skladi D.O.O.

Key Points

• Triglav Skladi D.O.O. has purchased a new stake of 24,000 shares in Sea Limited, valued at approximately $3.13 million, reflecting recent interest from institutional investors.
• Sea Limited reported $5.26 billion in revenue for the quarter, exceeding expectations, though its earnings per share fell short at $0.65, missing analyst estimates.
• Analysts have a consensus rating of "Moderate Buy" for Sea Limited, with price targets ranging from $160 to $219.90, indicating positive sentiment about the company's future performance.

Triglav Skladi D.O.O. bought a new stake in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 24,000 shares of the Internet company based in Singapore's stock, valued at approximately $3,132,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pacer Advisors Inc. lifted its holdings in shares of SEA by 2.9% during the first quarter. Pacer Advisors Inc. now owns 3,082 shares of the Internet company based in Singapore's stock valued at $402,000 after purchasing an additional 87 shares in the last quarter. State of Wyoming increased its holdings in SEA by 3.1% in the 4th quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore's stock worth $319,000 after buying an additional 90 shares in the last quarter. Blue Trust Inc. raised its position in SEA by 4.8% in the 1st quarter. Blue Trust Inc. now owns 2,043 shares of the Internet company based in Singapore's stock worth $267,000 after buying an additional 93 shares during the last quarter. SOA Wealth Advisors LLC. lifted its stake in SEA by 13.3% during the 1st quarter. SOA Wealth Advisors LLC. now owns 850 shares of the Internet company based in Singapore's stock valued at $111,000 after acquiring an additional 100 shares during the period. Finally, Tradewinds Capital Management LLC boosted its holdings in shares of SEA by 100.0% during the 1st quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore's stock valued at $26,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company's stock.

SEA Price Performance

Shares of SEA stock opened at $173.56 on Wednesday. The stock has a 50 day moving average price of $156.41 and a 200-day moving average price of $141.34. Sea Limited Sponsored ADR has a one year low of $70.00 and a one year high of $178.00. The stock has a market cap of $102.25 billion, a price-to-earnings ratio of 122.23 and a beta of 1.58. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.49 and a current ratio of 1.51.

SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $1.03 by ($0.38). SEA had a return on equity of 10.74% and a net margin of 4.87%. The firm had revenue of $5.26 billion during the quarter, compared to analysts' expectations of $5 billion. During the same period last year, the company earned $0.14 earnings per share. The business's revenue for the quarter was up 38.2% compared to the same quarter last year. Equities analysts expect that Sea Limited Sponsored ADR will post 0.74 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Macquarie reissued an "outperform" rating and issued a $219.90 price objective (up previously from $178.20) on shares of SEA in a report on Tuesday. Loop Capital restated a "buy" rating and issued a $190.00 price target (up previously from $165.00) on shares of SEA in a research report on Thursday, May 29th. Bank of America cut shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 target price on the stock. in a research note on Friday, May 9th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $170.00 price target on shares of SEA in a research report on Wednesday, May 14th. Finally, Benchmark raised their price objective on shares of SEA from $150.00 to $180.00 and gave the company a "buy" rating in a research report on Wednesday, May 14th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, SEA currently has a consensus rating of "Moderate Buy" and a consensus price target of $164.83.

About SEA

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.

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