SEA (NYSE:SE) COO Gang Ye Sells 10,000 Shares

Sea Limited Sponsored ADR (NYSE:SE) COO Gang Ye sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $87.26, for a total value of $872,600.00. Following the transaction, the chief operating officer owned 90,000 shares of the company’s stock, valued at $7,853,400. This trade represents a 10.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Friday, June 12th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $83.76, for a total value of $837,600.00.
• On Wednesday, June 10th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $82.51, for a total value of $825,100.00.
• On Monday, June 8th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $84.33, for a total value of $843,300.00.
• On Friday, June 5th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $87.21, for a total value of $872,100.00.
• On Wednesday, June 3rd, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $90.47, for a total value of $904,700.00.
• On Monday, June 1st, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $96.16, for a total value of $961,600.00.
• On Thursday, May 28th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $92.02, for a total value of $920,200.00.
• 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.

SEA Trading Up 0.3%

Shares of SE opened at $86.95 on Wednesday. The stock has a fifty day moving average price of $87.54 and a two-hundred day moving average price of $103.70. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.58. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The company has a market cap of $53.13 billion, a price-to-earnings ratio of 34.23, a PEG ratio of 0.90 and a beta of 1.57.

SEA (NYSE:SE) last issued its quarterly earnings data 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 net margin of 6.41% and a return on equity of 14.12%. The business had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. During the same quarter in the previous year, the firm posted $0.65 EPS. The company’s revenue for the quarter was up 46.6% compared to the same quarter last year. Analysts predict that Sea Limited Sponsored ADR will post 3.33 EPS for the current fiscal year.

Institutional Investors Weigh In On SEA

Institutional investors have recently made changes to their positions in the stock. Rothschild Investment LLC grew its stake in shares of SEA by 114.0% during the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after purchasing an additional 106 shares during the period. Zions Bancorporation National Association UT grew its stake in shares of SEA by 539.6% during the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after purchasing an additional 259 shares during the period. Holos Integrated Wealth LLC acquired a new stake in shares of SEA during the fourth quarter worth $44,000. Hillsdale Investment Management Inc. grew its stake in shares of SEA by 44.4% during the third quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore’s stock worth $116,000 after purchasing an additional 200 shares during the period. Finally, Cornerstone Planning Group LLC grew its stake in shares of SEA by 461.5% during the fourth quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore’s stock worth $83,000 after purchasing an additional 540 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on SE shares. Sanford C. Bernstein lowered their target price on SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a research note on Wednesday, March 4th. Morgan Stanley set a $121.00 target price on SEA and gave the company an “overweight” rating in a research note on Friday, March 13th. Barclays lifted their target price on SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. TD Cowen lifted their target price on SEA from $100.00 to $108.00 and gave the company a “hold” rating in a research note on Wednesday, May 13th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, SEA currently has an average rating of “Moderate Buy” and an average target price of $155.54.

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.