Sea Limited Sponsored ADR $SE Stock Acquired by Bank Pictet & Cie Europe AG

Bank Pictet & Cie Europe AG raised its stake in Sea Limited Sponsored ADR (NYSE:SE) by 21.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 116,811 shares of the Internet company based in Singapore’s stock after acquiring an additional 20,680 shares during the period. Bank Pictet & Cie Europe AG’s holdings in SEA were worth $11,406,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Grove Bank & Trust boosted its stake in shares of SEA by 53.9% during the third quarter. Grove Bank & Trust now owns 614 shares of the Internet company based in Singapore’s stock valued at $60,000 after purchasing an additional 215 shares during the period. Cornerstone Planning Group LLC increased its stake in shares of SEA by 26.5% in the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after buying an additional 174 shares during the period. Independence Bank of Kentucky increased its stake in shares of SEA by 611.1% in the second quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore’s stock worth $123,000 after buying an additional 1,100 shares during the period. HB Wealth Management LLC purchased a new position in shares of SEA in the second quarter worth $203,000. Finally, EverSource Wealth Advisors LLC raised its holdings in SEA by 43.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the Internet company based in Singapore’s stock valued at $206,000 after buying an additional 751 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.

Insider Buying and Selling at SEA

In other SEA news, insider Yanjun Wang sold 1,000 shares of the business’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of $95.43, for a total transaction of $95,430.00. Following the transaction, the insider directly owned 77,780 shares of the company’s stock, valued at approximately $7,422,545.40. The trade was a 1.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Feng Zhao sold 40,000 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $95.02, for a total transaction of $3,800,800.00. Following the transaction, the insider directly owned 93,580 shares in the company, valued at approximately $8,891,971.60. The trade was a 29.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,128,586 shares of company stock worth $258,287,740. 0.22% of the stock is currently owned by company insiders.

SEA Trading Down 8.2%

Shares of SE stock traded down $7.23 during trading hours on Tuesday, reaching $81.24. The company’s stock had a trading volume of 9,213,228 shares, compared to its average volume of 4,807,370. The stock has a market capitalization of $49.64 billion, a P/E ratio of 31.31, a P/E/G ratio of 0.96 and a beta of 1.54. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $171.09. The firm’s fifty day simple moving average is $107.19 and its 200 day simple moving average is $98.67. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07.

SEA (NYSE:SE) last posted its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.16). The business had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. SEA’s quarterly revenue was up 48.3% on a year-over-year basis. During the same period last year, the firm posted $0.65 earnings per share. Equities research analysts expect that Sea Limited Sponsored ADR will post 2.91 EPS for the current year.

SEA News Roundup

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Sea’s digital financial services arm, Monee, could eventually pursue an initial public offering as it expands and approaches the scale of an independent business. A separate listing could highlight Monee’s value and provide Sea with additional capital or strategic flexibility. Sea’s CEO says financial services arm Monee could go public
• Positive Sentiment: Sea marked the ninth anniversary of its New York Stock Exchange listing while highlighting Monee’s potential spin-off and launching Sea Cloud, an artificial-intelligence-focused initiative. The announcements reinforce management’s efforts to build new growth platforms, although their financial impact is not yet clear. Sea Marks IPO Anniversary as CEO Flags Monee Spin-Off Potential and Launches AI-Focused Sea Cloud
• Neutral Sentiment: Options activity was elevated, with investors purchasing 11,763 call options—about 33% above typical daily call volume. The activity may indicate increased bullish speculation, but it does not confirm that investors expect sustained gains.
• Negative Sentiment: Insider Yanjun Wang sold 1,000 shares for approximately $95,430 and has made a series of similar sales in recent weeks. While the latest transaction reduced the insider’s holdings by only 1.27%, the repeated selling may weigh on sentiment.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Zacks Research raised shares of SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, October 12th. TD Cowen reissued a “hold” rating on shares of SEA in a report on Monday, August 17th. Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Benchmark upped their price objective on shares of SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Finally, Arete Research set a $152.00 price objective on shares of SEA and gave the company a “buy” rating in a research note on Monday, September 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $149.40.

SEA Profile

Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.

Through Shopee, Sea’s e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.

SeaMoney is the company’s digital financial services division.