Banque Transatlantique SA Acquires 3,345 Shares of Sea Limited Sponsored ADR $SE

Key Points

• Banque Transatlantique SA significantly increased its holdings in Sea Limited Sponsored ADR by 904.1%, owning 3,715 shares valued at $448,000 by the end of the 1st quarter.
• Wall Street analysts have updated their ratings for SEA, with most projecting a moderate buy and setting a consensus target price of $173.99.
• Despite reporting a $0.65 EPS for the last quarter, SEA's revenue rose by 38.2% year-over-year, reaching $5.26 billion, surpassing analysts' expectations.

Banque Transatlantique SA increased its position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 904.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,715 shares of the Internet company based in Singapore's stock after purchasing an additional 3,345 shares during the period. Banque Transatlantique SA's holdings in SEA were worth $448,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Smithfield Trust Co bought a new position in shares of SEA in the first quarter worth approximately $25,000. Sava Infond d.o.o. purchased a new position in SEA in the 1st quarter worth approximately $26,000. Tradewinds Capital Management LLC lifted its position in SEA by 100.0% in 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 in the last quarter. Inlight Wealth Management LLC bought a new position in SEA in the 1st quarter valued at approximately $28,000. Finally, Fifth Third Bancorp boosted its stake in SEA by 464.3% during the 1st quarter. Fifth Third Bancorp now owns 237 shares of the Internet company based in Singapore's stock valued at $31,000 after purchasing an additional 195 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors.

SEA Stock Performance

Shares of SE stock traded up $0.98 during mid-day trading on Tuesday, reaching $191.55. 1,599,496 shares of the company's stock traded hands, compared to its average volume of 4,568,077. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.54 and a current ratio of 1.55. The firm has a market capitalization of $112.84 billion, a PE ratio of 99.15 and a beta of 1.53. Sea Limited Sponsored ADR has a 12 month low of $76.38 and a 12 month high of $195.00. The firm has a 50 day moving average price of $165.54 and a two-hundred day moving average price of $148.86.

SEA (NYSE:SE - Get Free Report) last released its earnings results on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.38). SEA had a net margin of 6.23% and a return on equity of 13.66%. The company had revenue of $5.26 billion for the quarter, compared to analysts' expectations of $5 billion. During the same quarter last year, the firm posted $0.14 earnings per share. SEA's revenue for the quarter was up 38.2% on a year-over-year basis. On average, research analysts forecast that Sea Limited Sponsored ADR will post 0.74 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on SE shares. Loop Capital reaffirmed a "buy" rating and set a $190.00 price target (up from $165.00) on shares of SEA in a report on Thursday, May 29th. Sanford C. Bernstein restated an "outperform" rating and set a $170.00 target price on shares of SEA in a research note on Wednesday, May 14th. Arete downgraded shares of SEA from a "buy" rating to a "neutral" rating and set a $177.00 price target on the stock. in a report on Wednesday, September 3rd. Macquarie restated an "outperform" rating and issued a $219.90 target price (up previously from $178.20) on shares of SEA in a report on Tuesday, August 12th. Finally, Benchmark upped their price objective on SEA from $180.00 to $205.00 and gave the company a "buy" rating in a research report on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat, SEA currently has an average rating of "Moderate Buy" and a consensus target price of $173.99.

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.