Ninety One North America 13F: New $9.7M Stake in Sea (SE)

Ninety One North America established a brand-new position in Sea Limited NYSE SE, picking up 99,981 shares during the period. The disclosure appeared in a Form 13F filing submitted to the Securities and Exchange Commission on October 15, 2026. Based on the valuation provided in the filing, the new holding was worth approximately $9.73 million.

Inside Ninety One North America's Sea Limited Trade

The fund opened the stake from scratch, bringing 99,981 shares onto its balance sheet without any prior holdings in the internet retailer. Because 13F filings look backward at holdings from the close of the reporting quarter, this report captures a past snapshot and may not reflect the fund's exact share count today.

Other Institutional Activity in Sea Limited

Other large institutional investors also adjusted their positions in the technology and e-commerce firm around the same time. Baillie Gifford & Co reduced its holdings by 1,245,153 shares, ending with 38,409,385 shares worth about $3.60 billion. T. Rowe Price Associates Inc grew its stake by 2,228,453 shares to finish with 35,638,546 shares valued at roughly $3.34 billion. WCM Investment Management LLC added 134,985 shares, leaving it with 33,881,192 shares worth approximately $3.18 billion. Blackrock Inc. increased its holdings by 240,839 shares, resulting in 21,183,402 shares valued at about $1.99 billion. FMR LLC grew its stake by 1,362,025 shares, ending with 15,403,524 shares worth approximately $1.44 billion.

Sea Limited Stock Down 0.4%

Sea Limited shares recently traded around $97.12 as of October 16, 2026. The stock sits about 10.1% below its 50-day moving average of $108.07 and roughly 4.4% below its 200-day moving average of $101.58. The share price is down about 43.2% from its 52-week high of $171.09, though it trades roughly 26.0% above its 52-week low of $77.05. The company carries a market capitalization of roughly $57.43 billion and a trailing price-to-earnings ratio of 36.20.

Recent Earnings

For its trailing twelve-month period, Sea Limited posted $27.72 billion in revenue and earnings of $2.59 per share. The company generated year-over-year revenue growth of 48.1%, alongside a net profit margin of 5.9% and a return on equity of 14.7%. The firm's next quarterly financial update is scheduled for release on November 10, 2026.

Insider Buying and Selling at Sea Limited

Company insiders have also been active in the market. Chief Corporate Officer and General Counsel Wang Yanjun executed several planned sales under trading rules. Wang sold 1,000 shares on October 9, 2026, at an average price of $95.37 for a total of $95,365.50. Another 1,000 shares were sold on October 12, 2026, at an average price of $95.87, bringing in $95,872.00. Wang parted with another 1,000 shares on October 13, 2026, at $96.30 per share for a value of $96,303.50, followed by a sale of 1,000 shares on October 14, 2026, at $95.49 per share worth $95,493.30.

Analysts Set New Price Targets

Wall Street firms maintain active coverage on the stock. On August 4, 2026, TD Cowen maintained its hold rating while adjusting its price target from $108.00 to $100.00. Benchmark kept a buy rating on August 12, 2026, lifting its target from $140.00 to $175.00. Barclays maintained an overweight rating on August 13, 2026, raising its target from $122.00 to $156.00. Overall, the stock carries a consensus strong buy rating from 28 analysts, with a mean price target of $154.93.

About Sea Limited

Headquartered in Singapore, Sea Limited operates as a technology company with a focus on e-commerce, digital financial services, and digital entertainment across Southeast Asia, Latin America, and other international markets. Its operations include Garena, a platform for mobile and PC games and eSports, alongside digital retail platforms. Understanding institutional interest in the company helps track how major asset managers view its growth across these regions.

Bottom Line

Ninety One North America's new investment brings fresh attention to Sea Limited as the company prepares for its upcoming earnings release on November 10, 2026. Investors will monitor whether upcoming institutional filings and earnings results help the stock recover toward its analyst price targets and push back above its moving averages. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.