Ninety One North America Inc. disclosed a new stake of 99,981 shares in Sea Limited (NYSE: SE) during the third quarter, valued at about $9,734,000, according to an SEC filing. Institutional investors hold 59.53% of the Singapore-based internet company, and insiders have sold 2,148,786 shares worth $260,452,510 over the past three months. SEA shares traded at $96.92 after rising $1.60, with a market capitalization of $59.22 billion and a 12-month range of $77.05 to $175.80. The latest quarterly EPS of $0.70 missed the consensus estimate of $0.86, while revenue of $7.79 billion beat expectations of $7.12 billion and rose 48.3% year on year. According to MarketBeat, analysts' average rating is 'Moderate Buy' with an average price target of $149.40.
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