SEA (NYSE:SE) COO Sells $920,200.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) COO Gang Ye sold 10,000 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $92.02, for a total value of $920,200.00. Following the completion of the transaction, the chief operating officer owned 210,000 shares in the company, valued at $19,324,200. The trade was a 4.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Gang Ye also recently made the following trade(s):

• On Tuesday, May 26th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $89.47, for a total value of $894,700.00.
• On Friday, May 22nd, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $87.85, for a total value of $878,500.00.
• On Wednesday, May 20th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $86.35, for a total value of $863,500.00.
• On Monday, May 18th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $88.11, for a total value of $881,100.00.
• On Friday, May 15th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $88.60, for a total value of $886,000.00.
• On Wednesday, May 13th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $94.61, for a total value of $946,100.00.
• On Friday, May 8th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $86.78, for a total value of $867,800.00.
• On Monday, May 11th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $83.67, for a total value of $836,700.00.
• On Wednesday, May 6th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $88.39, for a total value of $883,900.00.
• On Monday, May 4th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $85.75, for a total value of $857,500.00.

SEA Stock Down 0.1%

NYSE:SE opened at $90.41 on Monday. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30. The company has a quick ratio of 1.56, a current ratio of 1.58 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $55.24 billion, a P/E ratio of 35.60, a P/E/G ratio of 0.93 and a beta of 1.57. The stock’s fifty day simple moving average is $85.85 and its 200-day simple moving average is $108.08.

SEA (NYSE:SE) last posted its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.08). SEA had a return on equity of 14.12% and a net margin of 6.41%.The company had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. During the same quarter in the prior year, the business earned $0.65 earnings per share. The firm’s revenue for the quarter was up 46.6% on a year-over-year basis. Equities research analysts expect that Sea Limited Sponsored ADR will post 3.39 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently commented on the company. Bank of America reaffirmed a “buy” rating and set a $125.00 price objective on shares of SEA in a research note on Monday, March 9th. Morgan Stanley set a $121.00 price objective on SEA and gave the stock an “overweight” rating in a research note on Friday, March 13th. TD Cowen raised their price objective on SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. dropped their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a research note on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $155.54.

SEA News Roundup

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Barclays reportedly raised its price target on Sea Limited and reiterated an Overweight rating, reinforcing a constructive long-term outlook for SE. Sea Limited (SE) Outlook Strengthens as Barclays Maintains Overweight Rating
• Neutral Sentiment: Hayden Capital’s first-quarter letter mentioned Sea Limited among companies viewed through the lens of AI disruption and macro sensitivity, but it does not appear to introduce a direct company-specific catalyst. Hayden Capital analysis on Sea Ltd
• Neutral Sentiment: Multiple recent insider sales by Jingye Chen, Yanjun Wang, and COO Gang Ye were small relative to their overall holdings, suggesting routine trimming rather than a major change in outlook. SEC filing for insider sale
• Negative Sentiment: The recent wave of insider selling may be pressuring sentiment around Sea Limited (SE), as investors sometimes read repeated insider disposals as a sign of limited near-term upside. SEC filing for insider sales

Institutional Trading of SEA

Several hedge funds and other institutional investors have recently modified their holdings of SE. Fred Alger Management LLC raised its stake in shares of SEA by 22.1% in the 3rd quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock valued at $515,894,000 after purchasing an additional 521,782 shares during the period. Charles Lim Capital Ltd grew its holdings in shares of SEA by 172.7% in the 4th quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock valued at $95,678,000 after acquiring an additional 475,000 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in shares of SEA by 24.4% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock valued at $228,549,000 after acquiring an additional 350,840 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in shares of SEA in the 4th quarter valued at about $26,282,000. Finally, State of Tennessee Department of Treasury grew its holdings 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 acquiring an additional 175,746 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

SEA Company Profile

Sea Limited (NYSE: SE) is a Singapore-based consumer internet company that operates a trio of interconnected businesses across digital entertainment, e-commerce and digital financial services. Founded in 2009 as Garena and later rebranded as Sea, the company is headquartered in Singapore and listed on the New York Stock Exchange. Sea positions itself as a technology platform focused on enabling online consumers, merchants and developers primarily across Southeast Asia and adjacent markets.

Sea’s digital entertainment arm, Garena, is a game developer and publisher that also organizes esports initiatives and operates online gaming platforms.