Key Points
- Gang Ye sold 10,000 SEA shares on May 4 at an average price of $85.75, a transaction that lowered his stake by 5.00% to 190,000 shares valued at $16,292,500.
- That sale is part of a pattern of insider selling — he disposed of 110,000 shares across 11 trades from April 10–May 4, totaling roughly $9.52 million.
- Sea reported revenue of $6.85B (+38.4% YoY) which beat estimates while EPS missed ( $0.63 vs $0.91 ), and analysts maintain a generally positive stance with a consensus target near $161.66 ("Moderate Buy").
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Jingye Chen sold 800 shares of the company's stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $84.67, for a total transaction of $67,736.00. Following the transaction, the insider owned 213,600 shares of the company's stock, valued at approximately $18,085,512. This represents a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Jingye Chen also recently made the following trade(s):
- On Friday, May 1st, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $86.14, for a total transaction of $68,912.00.
- On Wednesday, April 29th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $83.31, for a total transaction of $66,648.00.
- On Monday, April 27th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.93, for a total transaction of $68,744.00.
- On Friday, April 24th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $84.58, for a total transaction of $67,664.00.
- On Wednesday, April 22nd, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.99, for a total transaction of $68,792.00.
- On Monday, April 20th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $89.56, for a total transaction of $71,648.00.
- On Friday, April 17th, Jingye Chen 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, Jingye Chen 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, Jingye Chen 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, Jingye Chen 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.
SEA Trading Up 6.4%
SE opened at $89.87 on Thursday. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.57. The firm has a market capitalization of $54.91 billion, a price-to-earnings ratio of 35.66, a PEG ratio of 0.86 and a beta of 1.57. The company's 50 day moving average price is $87.45 and its two-hundred day moving average price is $116.25.
SEA (NYSE:SE - Get Free Report) last posted its earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 earnings per share for the quarter, missing analysts' consensus estimates of $0.91 by ($0.28). SEA had a return on equity of 15.20% and a net margin of 6.93%.The business 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 firm earned $0.39 earnings per share. The company's revenue was up 38.4% compared to the same quarter last year. As a group, research analysts predict that Sea Limited Sponsored ADR will post 3.39 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms have weighed in on SE. Sanford C. Bernstein reduced 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. Morgan Stanley set a $121.00 price objective on shares of SEA and gave the company an "overweight" rating in a research note on Friday, March 13th. Bank of America reaffirmed a "buy" rating and issued a $125.00 price objective on shares of SEA in a research note on Monday, March 9th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $150.00 price objective on shares of SEA in a research note on Tuesday, March 3rd. Finally, Barclays reduced their price objective on shares of SEA from $226.00 to $120.00 and set an "overweight" rating on the stock in a research note on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, SEA presently has a consensus rating of "Moderate Buy" and a consensus target price of $161.66.
Get Our Latest Report on SEA
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Venturi Wealth Management LLC boosted its stake in SEA by 1.9% during the fourth quarter. Venturi Wealth Management LLC now owns 5,208 shares of the Internet company based in Singapore's stock worth $664,000 after acquiring an additional 98 shares in the last quarter. Belpointe Asset Management LLC boosted its stake in SEA by 1.8% during the third quarter. Belpointe Asset Management LLC now owns 5,779 shares of the Internet company based in Singapore's stock worth $1,033,000 after acquiring an additional 103 shares in the last quarter. Rothschild Investment LLC boosted its stake in 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 acquiring an additional 106 shares in the last quarter. Salomon & Ludwin LLC boosted its stake in 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 worth $27,000 after acquiring an additional 143 shares in the last quarter. Finally, Cloud Capital Management LLC boosted its stake in SEA by 8.0% during the fourth quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore's stock worth $255,000 after acquiring an additional 148 shares in the last quarter. 59.53% of the stock is owned by institutional investors.
SEA Company Profile
(
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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