Whetstone Capital Advisors LLC Makes New $8.19 Million Investment in Sea Limited Sponsored ADR $SE

Whetstone Capital Advisors LLC acquired a new stake in Sea Limited Sponsored ADR (NYSE:SE) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 85,475 shares of the Internet company based in Singapore’s stock, valued at approximately $8,191,000. SEA makes up approximately 2.2% of Whetstone Capital Advisors LLC’s portfolio, making the stock its 11th biggest holding.

A number of other institutional investors also recently modified their holdings of the stock. California State Teachers Retirement System grew its stake in shares of SEA by 9,247.9% during the second quarter. California State Teachers Retirement System now owns 39,677,932 shares of the Internet company based in Singapore’s stock valued at $3,802,336,000 after purchasing an additional 39,253,472 shares during the last quarter. Carrhae Capital LLP bought a new position in SEA in the 2nd quarter worth approximately $140,501,000. Charles Lim Capital Ltd lifted its holdings in 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 worth $95,678,000 after buying an additional 475,000 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in SEA during the 2nd quarter worth $37,527,000. Finally, State of Tennessee Department of Treasury increased its stake in shares of SEA by 32.4% in the 4th quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore’s stock valued at $83,750,000 after buying an additional 175,746 shares during the period. 59.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on SE shares. Sanford C. Bernstein restated an “outperform” rating on shares of SEA in a research report on Monday, July 20th. TD Cowen reiterated a “hold” rating on shares of SEA in a research report on Monday, August 17th. Royal Bank Of Canada raised SEA from a “sector perform” rating to a “buy” rating in a report on Tuesday. Morgan Stanley reaffirmed an “overweight” rating and issued a $153.00 target price on shares of SEA in a research note on Thursday, August 13th. Finally, JPMorgan Chase & Co. lowered their price target on shares of SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $149.40.

Insider Activity at SEA

In related news, President Zhimin Feng sold 4,116 shares of SEA stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $120.45, for a total transaction of $495,772.20. Following the transaction, the president owned 208,291 shares of the company’s stock, valued at $25,088,650.95. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Yanjun Wang sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $112.75, for a total transaction of $169,125.00. Following the transaction, the insider owned 9,600 shares of the company’s stock, valued at approximately $1,082,400. This represents a 13.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 2,009,366 shares of company stock worth $245,180,736 in the last ninety days. Company insiders own 0.22% of the company’s stock.

SEA Trading Down 4.2%

NYSE SE opened at $108.60 on Thursday. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $199.30. The stock has a 50-day simple moving average of $111.98 and a 200 day simple moving average of $97.07. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $66.36 billion, a PE ratio of 41.93, a P/E/G ratio of 1.14 and a beta of 1.51.

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

Key Headlines Impacting SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Arete Research upgraded Sea Limited from “neutral” to “buy” and assigned a $152 price target, implying substantial upside from recent trading levels. The call adds to a generally favorable analyst outlook, with MarketBeat reporting a “Moderate Buy” consensus and an average target of $149.40. Wall Street analyst outlook for Sea Limited
• Neutral Sentiment: Analyst sentiment remains broadly constructive: RBC recently upgraded the stock to “buy,” Morgan Stanley maintained an “overweight” rating with a $153 target, and JPMorgan maintained its overweight view despite lowering its target to $163. However, Zacks Research downgraded the shares to “strong sell,” highlighting disagreement about the company’s outlook.
• Negative Sentiment: Sea Limited COO Gang Ye sold 20,000 shares for approximately $2.25 million at an average price of $112.73, reducing his stake by 2.57%. While he still owns roughly 758,792 shares, the transaction may weigh on sentiment because it represents a sizable insider sale. Sea Limited insider selling alert
• Negative Sentiment: Insider Yanjun Wang sold another 1,500 shares for $169,125, cutting ownership by 13.51%. This is part of a recurring selling pattern: Wang has sold 1,500 shares in multiple transactions since mid-August, including another sale on September 4. Repeated insider selling can raise caution even when the dollar amounts are modest.

SEA Company Profile

Sea Limited (NYSE: SE) is a Singapore-based global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.

Garena, Sea’s digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.

Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.