Sea Limited
About: Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce. Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value. Shopee is a hybrid C2C and B2C marketplace platform operating in Indonesia, Taiwan, Vietnam, Thailand, Malaysia, the Philippines, and Brazil. For Garena, Free Fire is the key revenue generating game. Sea's third business, SeaMoney, provides lending, payment, digital banking, and insurance services.As of March 31, 2024, Forrest Xiaodong Li, the founder, chairman and CEO, owned 59.8% of voting power and 18.5% of issued shares. Tencent owned 18.2% of issued shares with no voting power.
Employees: 62,700
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
151% more first-time investments, than exits
New positions opened: 128 | Existing positions closed: 51
71% more call options, than puts
Call options by funds: $2.18B | Put options by funds: $1.27B
28% more repeat investments, than reductions
Existing positions increased: 255 | Existing positions reduced: 200
25% more capital invested
Capital invested by funds: $29B [Q3] → $36.2B (+$7.15B) [Q4]
11% more funds holding
Funds holding: 598 [Q3] → 662 (+64) [Q4]
7% more funds holding in top 10
Funds holding in top 10: 42 [Q3] → 45 (+3) [Q4]
5.9% more ownership
Funds ownership: 58.48% [Q3] → 64.38% (+5.9%) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
JP Morgan Ranjan Sharma 40% 1-year accuracy 2 / 5 met price target | 12%upside $135 | Neutral Downgraded | 16 Apr 2025 |
Loop Capital Rob Sanderson 53% 1-year accuracy 31 / 59 met price target | 36%upside $165 | Buy Maintained | 31 Mar 2025 |
UBS Navin Killa 0% 1-year accuracy 0 / 1 met price target | 45%upside $176 | Buy Maintained | 7 Mar 2025 |
Barclays Jiong Shao 44% 1-year accuracy 15 / 34 met price target | 50%upside $182 | Overweight Maintained | 7 Mar 2025 |
Benchmark Fawne Jiang 48% 1-year accuracy 27 / 56 met price target | 24%upside $150 | Buy Maintained | 5 Mar 2025 |
Financial journalist opinion
Based on 23 articles about SE published over the past 30 days
