Key Points
- Gang Ye, Sea Limited's COO, sold 10,000 shares on May 1 at an average price of $86.14 for $861,400, leaving him with 200,000 shares (a 4.76% reduction in his holdings).
- The May 1 sale is part of an ongoing insider selling spree in April–May in which Ye disposed of eleven 10,000-share blocks—about 110,000 shares total—across multiple dates.
- SEA trades around $85.52 with a ~$52.3B market cap; the company recently missed EPS estimates despite 38.4% year-over-year revenue growth, and analysts hold a consensus "Moderate Buy" rating with a ~$161.66 price target.
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 800 shares of the firm's stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $86.13, for a total value of $68,904.00. Following the sale, the insider owned 12,400 shares of the company's stock, valued at $1,068,012. This represents a 6.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Yanjun Wang also recently made the following trade(s):
- On Wednesday, April 29th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $83.31, for a total value of $66,648.00.
- On Monday, April 27th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.92, for a total value of $68,736.00.
- On Friday, April 24th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $84.58, for a total value of $67,664.00.
- On Wednesday, April 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.01, for a total transaction of $68,808.00.
- On Monday, April 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $89.57, for a total transaction of $71,656.00.
- On Friday, April 17th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $92.07, for a total transaction of $73,656.00.
- On Wednesday, April 15th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.89, for a total transaction of $71,112.00.
- On Monday, April 13th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.75, for a total transaction of $68,600.00.
- On Friday, April 10th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.74, for a total transaction of $68,592.00.
- On Wednesday, April 8th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.62, for a total transaction of $69,296.00.
SEA Stock Performance
Shares of SE stock opened at $85.52 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.57 and a current ratio of 1.58. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The company's 50-day simple moving average is $88.49 and its 200-day simple moving average is $117.32. The stock has a market capitalization of $52.26 billion, a price-to-earnings ratio of 33.94, a PEG ratio of 0.90 and a beta of 1.57.
SEA (NYSE:SE - Get Free Report) last issued its quarterly earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.28). SEA had a return on equity of 15.20% and a net margin of 6.93%.The company had revenue of $6.85 billion for the quarter, compared to the consensus estimate of $6.42 billion. During the same period in the previous year, the business posted $0.39 EPS. The business's revenue for the quarter was up 38.4% on a year-over-year basis. Equities analysts anticipate that Sea Limited Sponsored ADR will post 3.32 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in SE. Salomon & Ludwin LLC increased its stake in shares of SEA by 2,860.0% during the third quarter. Salomon & Ludwin LLC now owns 148 shares of the Internet company based in Singapore's stock valued at $27,000 after acquiring an additional 143 shares during the period. Rothschild Investment LLC increased 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 valued at $36,000 after acquiring an additional 106 shares during the period. Zions Bancorporation National Association UT increased 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 valued at $39,000 after acquiring an additional 259 shares during the period. Holos Integrated Wealth LLC acquired a new position in shares of SEA during the fourth quarter valued at approximately $44,000. Finally, Cornerstone Planning Group LLC increased 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 valued at $83,000 after acquiring an additional 540 shares during the period. Institutional investors and hedge funds own 59.53% of the company's stock.
Analysts Set New Price Targets
Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their price target on shares of SEA from $170.00 to $168.00 and set an "overweight" rating on the stock in a research report on Monday, April 20th. Sanford C. Bernstein cut their target price on shares of SEA from $170.00 to $150.00 and set an "outperform" rating on the stock in a report on Wednesday, March 4th. Bank of America restated a "buy" rating and issued a $125.00 target price on shares of SEA in a research note on Monday, March 9th. Morgan Stanley set a $121.00 target price on SEA and gave the company an "overweight" rating in a report on Friday, March 13th. Finally, Barclays lowered their target price on SEA from $226.00 to $120.00 and set an "overweight" rating for the company in a report on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, SEA has an average rating of "Moderate Buy" and an average price target of $161.66.
Get Our Latest Stock Analysis on SE
About SEA
(
Get Free Report)
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.
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