Assenagon raises stake in Sea Limited stock by 80.60 percent

Published on 10/19/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Assenagon lifted its Sea stake 80.60 percent on October 18, 2026. Sea Limited stock costs EUR 84.70 on October 19, 2026, valued at USD 57.2 billion.

Sea's ownership and outlook

Assenagon increased its Sea stake by 80.60 percent in the third quarter of 2026.
DBS cut its Sea target from USD 148.00 to USD 105.00 on October 2, 2026.
Sea Limited stock trades at EUR 84.70 at 10:04 a.m. CEST at Lang & Schwarz on October 19, 2026.
Sea Limited's next quarterly results are scheduled for November 10, 2026.

SE, US81141R1005, Illustration mit AI erstellt.

Sea Limited (ISIN US81141R1005) drew fresh attention after Assenagon Asset Management increased its stake by 80.60 percent in the third quarter, purchasing 251,517 additional shares, according to MarketBeat on October 18, 2026. The investment brought Assenagon's holding to 563,692 shares valued at USD 54.9 million.

Three recent signals for Sea

Sea's second-quarter results on August 11, 2026, showed GAAP revenue of USD 7.79 billion, up 48.30 percent year over year, while net income attributable to common shareholders reached USD 458.12 million. The figures came from the latest standardized financial results and were consistent with the earnings-call discussion published by Yahoo Finance.

On October 2, 2026, DBS downgraded Sea and cut its 12-month target from USD 148.00 to USD 105.00, according to The Inference. The note also estimated that Sea's artificial-intelligence investment could reduce 2027 adjusted EBITDA by USD 73 million to USD 175 million, adding a clear counterweight to the strong revenue trend.

What does the target cut mean?

The valuation debate now turns on whether Shopee can convert rapid sales growth into wider profitability. In the second quarter of 2026, Shopee generated USD 5.60 billion in GAAP revenue, while Monee revenue rose 59.00 percent year over year to USD 1.40 billion, according to the earnings-call record.

Management reported USD 917 million in adjusted EBITDA for the second quarter of 2026 and said Shopee was on track for more than USD 1.00 billion of adjusted EBITDA in fiscal year 2026. That target gives the ownership increase a stronger operating backdrop, but the DBS view highlights investment costs and execution risk.

Dates and event timeline

Sea's next quarterly results are scheduled for November 10, 2026, as reported by The Inference.

On August 11, 2026, Sea reported second-quarter revenue of USD 7.79 billion. On October 2, 2026, DBS reduced its target to USD 105.00. On October 18, 2026, Assenagon disclosed an 80.60 percent increase in its Sea position.

Sea stock and the next catalyst

Sea's operating figures combine 48.30 percent revenue growth with a profit outlook that depends on disciplined investment in Shopee and Monee. The November results will provide the next dated test of that balance.

Sea Limited stock was trading at EUR 84.70 at Lang & Schwarz on October 19, 2026 at 10:04 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Sea Limited stock.