Public Employees Retirement System of Ohio Purchases New Position in Sea Limited Sponsored ADR $SE

Public Employees Retirement System of Ohio acquired a new stake in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 391,597 shares of the Internet company based in Singapore's stock, valued at approximately $37,527,000. Public Employees Retirement System of Ohio owned approximately 0.06% of SEA at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SE. Capstone Capital Management Ltd bought a new position in shares of SEA during the 1st quarter worth approximately $1,612,000. Ramirez Asset Management Inc. bought a new stake in shares of SEA in the 4th quarter valued at $3,560,000. Equitable Trust Co. lifted its position in shares of SEA by 30.9% during the 1st quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore's stock valued at $15,532,000 after acquiring an additional 44,252 shares during the period. Charles Lim Capital Ltd lifted its position in shares of SEA by 172.7% during the 4th quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore's stock valued at $95,678,000 after acquiring an additional 475,000 shares during the period. Finally, Rathbones Group PLC boosted its stake in SEA by 78.6% during the fourth quarter. Rathbones Group PLC now owns 22,015 shares of the Internet company based in Singapore's stock worth $2,808,000 after acquiring an additional 9,688 shares in the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.

Key SEA News

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Analysts remain broadly constructive on SE. The stock has a consensus “Moderate Buy” rating and an average price target of $151.90. Benchmark raised its target to $175 and maintained a Buy rating, while JPMorgan retained its Overweight rating with a $163 target. Sea analyst ratings
• Positive Sentiment: Institutional ownership remains high at approximately 59.5%, and several investors increased their positions during the second quarter. Continued institutional participation may provide support for the stock. Sea institutional ownership
• Neutral Sentiment: Sea’s latest quarter showed substantial operating growth: revenue rose 48.3% year over year to $7.79 billion, exceeding the $7.12 billion consensus estimate. Still, earnings per share of $0.70 fell short of analysts’ $0.86 forecast, indicating that profitability remains a concern despite strong top-line momentum.
• Negative Sentiment: Multiple executives sold shares on August 25–26. CEO Xiaodong Li sold 57,690 shares for approximately $7.05 million, COO Gang Ye sold 30,000 shares for about $3.60 million, and President Zhimin Feng sold a combined 18,872 shares for roughly $2.30 million. Additional sales by insiders Feng Zhao and Yanjun Wang brought the total above 110,000 shares. The transactions were disclosed in SEC filings and may create a near-term sentiment overhang. Sea insider filing
• Negative Sentiment: Yanjun Wang has repeatedly sold 1,500 shares every few trading days since early August, including another sale on August 26 at $119.81. These trades may reflect scheduled diversification, but their frequency adds to investor caution.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Morgan Stanley reaffirmed an "overweight" rating and issued a $153.00 price target on shares of SEA in a research note on Thursday, August 13th. Benchmark increased their price objective on shares of SEA from $140.00 to $175.00 and gave the stock a "buy" rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. reduced their target price on SEA from $168.00 to $163.00 and set an "overweight" rating for the company in a research note on Thursday, May 14th. Jefferies Financial Group reaffirmed a "buy" rating on shares of SEA in a research report on Tuesday, May 12th. Finally, Barclays upped their price target on SEA from $122.00 to $156.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $151.90.

Insider Buying and Selling at SEA

In related news, CEO Xiaodong Li sold 1,057,650 shares of the firm's 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 transaction, the chief executive officer directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Gang Ye sold 30,000 shares of the company's stock in a transaction dated Tuesday, August 11th. The stock was 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 directly owned 430,000 shares of the company's stock, valued at $55,620,500. The trade was a 6.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,934,586 shares of company stock worth $234,992,341. Company insiders own 0.22% of the company's stock.

SEA Price Performance

Shares of NYSE SE opened at $119.48 on Friday. The stock has a market cap of $73.01 billion, a price-to-earnings ratio of 46.13, a PEG ratio of 1.19 and a beta of 1.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The firm's 50-day simple moving average is $108.91 and its 200 day simple moving average is $97.07.

SEA (NYSE:SE - Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.16). The company had revenue of $7.79 billion during the quarter, compared to analysts' expectations of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%.The business's revenue for the quarter was up 48.3% compared to the same quarter last year. During the same period last year, the company earned $0.65 earnings per share. As a group, research analysts anticipate that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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