EntryPoint Capital LLC Invests $427,000 in Sea Limited Sponsored ADR $SE

Key Points

• EntryPoint Capital LLC acquired a new position in Sea Limited Sponsored ADR (NYSE:SE) with a purchase of 3,274 shares worth approximately $427,000.
• In the last quarter, other institutional investors have also increased their stakes, with Cambridge Investment Research Advisors growing its position by 42% to own over 17,000 shares valued at over $2 million.
• Sea Limited's recent earnings report showed $0.65 earnings per share, which fell short of analysts' expectations of $1.03, despite a revenue of $5.26 billion that exceeded the forecast of $5 billion.

EntryPoint Capital LLC bought a new position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,274 shares of the Internet company based in Singapore's stock, valued at approximately $427,000.

Several 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 about $25,000. Sava Infond d.o.o. bought a new position in shares of SEA in the first quarter worth about $26,000. Tradewinds Capital Management LLC raised its stake in shares of SEA by 100.0% in the first quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore's stock worth $26,000 after buying an additional 100 shares during the period. Inlight Wealth Management LLC bought a new position in shares of SEA in the first quarter worth about $28,000. Finally, Fifth Third Bancorp raised 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 worth $31,000 after buying an additional 195 shares during the period. 59.53% of the stock is owned by hedge funds and other institutional investors.

SEA Trading Up 3.2%

SE traded up $5.82 during trading hours on Friday, reaching $185.42. 4,862,230 shares of the company's stock traded hands, compared to its average volume of 4,715,185. The firm has a 50-day moving average price of $159.15 and a 200 day moving average price of $144.51. Sea Limited Sponsored ADR has a 52-week low of $75.67 and a 52-week high of $185.68. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $109.23 billion, a PE ratio of 96.07 and a beta of 1.58.

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 (EPS) 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 business had revenue of $5.26 billion for the quarter, compared to analysts' expectations of $5 billion. During the same quarter in the previous year, the firm earned $0.14 EPS. SEA's revenue was up 38.2% compared to the same quarter last year. As a group, sell-side analysts predict that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Bank of America downgraded 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. Macquarie reaffirmed an "outperform" rating and issued a $219.90 price objective (up previously from $178.20) on shares of SEA in a research note on Tuesday, August 12th. Loop Capital reaffirmed a "buy" rating and issued a $190.00 price objective (up previously from $165.00) on shares of SEA in a research note on Thursday, May 29th. Barclays lifted their target price on SEA from $200.00 to $214.00 and gave the stock an "overweight" rating in a report on Thursday, August 14th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and issued a $170.00 target price on shares of SEA in a report on Wednesday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, SEA has a consensus rating of "Moderate Buy" and an average price target of $173.49.

SEA 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.