Sea Limited Sponsored ADR $SE Stock Holdings Lifted by Compound Planning Inc.

Key Points

• Compound Planning Inc. significantly increased its stake in Sea Limited Sponsored ADR ($SE) by 124.9%, owning 6,859 shares valued at approximately $895,000.
• Sea Limited reported earnings of $0.65 EPS, missing analysts' expectations, but had a revenue of $5.26 billion, exceeding projections by $260 million.
• Analysts have recently rated SEA with a consensus of "Moderate Buy", with an average target price of $173.49, following recent upgrades and downgrades from various financial institutions.

Compound Planning Inc. increased its holdings in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 124.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,859 shares of the Internet company based in Singapore's stock after purchasing an additional 3,809 shares during the period. Compound Planning Inc.'s holdings in SEA were worth $895,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SE. Smithfield Trust Co purchased a new position in SEA in the 1st quarter valued at $25,000. Sava Infond d.o.o. acquired a new stake in SEA in the first quarter valued at about $26,000. Tradewinds Capital Management LLC increased its position in 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 worth $26,000 after purchasing an additional 100 shares during the period. Inlight Wealth Management LLC purchased a new position in shares of SEA during the 1st quarter worth approximately $28,000. Finally, Fifth Third Bancorp boosted its stake in shares of SEA by 464.3% in the first quarter. Fifth Third Bancorp now owns 237 shares of the Internet company based in Singapore's stock valued at $31,000 after buying an additional 195 shares in the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on SE shares. Macquarie restated an "outperform" rating and set a $219.90 target price (up from $178.20) on shares of SEA in a research report on Tuesday, August 12th. Wall Street Zen raised SEA from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $170.00 price objective on shares of SEA in a report on Wednesday, May 14th. JPMorgan Chase & Co. upgraded SEA from a "neutral" rating to an "overweight" rating and raised their price target for the company from $135.00 to $190.00 in a research report on Tuesday, May 13th. Finally, Loop Capital reissued a "buy" rating and issued a $190.00 price objective (up from $165.00) on shares of SEA in a research note on Thursday, May 29th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $173.49.

SEA Trading Down 0.2%

SE traded down $0.29 during midday trading on Friday, hitting $185.95. The company's stock had a trading volume of 1,670,441 shares, compared to its average volume of 4,583,728. The firm has a market cap of $109.54 billion, a P/E ratio of 96.38 and a beta of 1.58. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 0.16. Sea Limited Sponsored ADR has a 52-week low of $75.67 and a 52-week high of $190.75. The firm has a 50-day moving average price of $161.49 and a two-hundred day moving average price of $146.09.

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 net margin of 6.23% and a return on equity of 13.66%. The firm had revenue of $5.26 billion during the quarter, compared to analysts' expectations of $5 billion. During the same period in the previous year, the company earned $0.14 earnings per share. The business's quarterly revenue was up 38.2% on a year-over-year basis. On average, research analysts anticipate that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current year.

SEA Company Profile

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.