Insider Selling: SEA (NYSE:SE) President Sells $1,013,202.67 in Stock

Sea Limited Sponsored ADR (NYSE:SE) President Zhimin Feng sold 8,423 shares of SEA stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $120.29, for a total transaction of $1,013,202.67. Following the transaction, the president directly owned 231,577 shares in the company, valued at $27,856,397.33. This represents a 3.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Zhimin Feng also recently made the following trade(s):

• On Thursday, August 13th, Zhimin Feng sold 15,000 shares of SEA stock. The stock was sold at an average price of $124.00, for a total transaction of $1,860,000.00.
• On Tuesday, August 11th, Zhimin Feng sold 15,000 shares of SEA stock. The stock was sold at an average price of $130.07, for a total transaction of $1,951,050.00.

SEA Stock Down 2.7%

Shares of SE stock opened at $116.17 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The company’s fifty day moving average price is $103.86 and its 200-day moving average price is $96.58. The company has a market capitalization of $70.99 billion, a price-to-earnings ratio of 44.85, a PEG ratio of 1.10 and a beta of 1.54.

SEA (NYSE:SE) last issued its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.16). SEA had a return on equity of 13.54% and a net margin of 5.98%.The firm had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the company posted $0.65 EPS. The company’s quarterly revenue was up 48.3% on a year-over-year basis. Sell-side analysts expect that Sea Limited Sponsored ADR will post 3.23 EPS for the current fiscal year.

SEA News Roundup

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Howard Marks’ Oaktree Capital disclosed a new Sea Limited position worth approximately $60.9 million. The investment may support investor confidence in Sea’s long-term growth potential after the stock’s recent decline. Howard Marks article
• Positive Sentiment: Sea’s latest quarterly revenue increased 48.3% year over year to $7.79 billion, exceeding analysts’ $7.12 billion estimate. The company’s digital entertainment, e-commerce and financial-services businesses continue to provide significant growth momentum.
• Neutral Sentiment: Analysts maintain a generally favorable view, with a “Moderate Buy” consensus and an average price target of $151.90. However, the stock’s valuation remains elevated at roughly 45 times earnings, leaving shares sensitive to earnings execution and growth expectations.
• Negative Sentiment: Sea reported quarterly earnings of $0.70 per share, missing the $0.86 consensus estimate. The earnings shortfall may be weighing on the stock despite the strong revenue performance.
• Negative Sentiment: Several senior executives sold shares recently: CEO Xiaodong Li sold approximately $2.38 million, COO Gang Ye sold $3.72 million, President Zhimin Feng sold $1.86 million, and other insiders sold additional shares. The broad-based selling, totaling more than $8 million in the reported transactions, can raise concerns about near-term valuation or insider expectations. Gang Ye insider sale Xiaodong Li insider sale

Institutional Investors Weigh In On SEA

Several large investors have recently made changes to their positions in the company. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of SEA during the 2nd quarter worth approximately $12,410,000. Public Employees Retirement System of Ohio purchased a new position in shares of SEA during the 2nd quarter worth about $37,527,000. Flossbach Von Storch SE bought a new position in shares of SEA during the second quarter valued at approximately $1,725,000. Handelsbanken Fonder AB grew its position in SEA by 18.8% in the 2nd quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock valued at $16,066,000 after acquiring an additional 26,498 shares during the last quarter. Finally, Valeo Financial Advisors LLC purchased a new position in SEA in the 2nd quarter worth about $215,000. 59.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

SE has been the topic of several recent analyst reports. Zacks Research downgraded SEA from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Barclays upped their price target on SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. lowered their target price on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, SEA has an average rating of “Moderate Buy” and an average target price of $151.90.

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.