Insider Selling: SEA (NYSE:SE) Insider Sells 800 Shares of Stock

Key Points

  • SEA COO Gang Ye sold 10,000 shares on May 13 at an average price of $94.61, totaling about $946,100. After the sale, he still owned 310,000 shares worth roughly $29.3 million.
  • Gang Ye has been an active seller recently, with multiple 10,000-share sales throughout late April and early May. The repeated transactions suggest a consistent trimming of his position rather than a one-off trade.
  • SEA’s latest earnings showed strong revenue growth but an EPS miss: quarterly revenue rose 46.6% year over year to $7.1 billion, while EPS came in at $0.67 versus the $0.75 consensus estimate. Analysts remain mostly positive, with a “Moderate Buy” rating and an average target price of $158.41.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Jingye Chen sold 800 shares of the firm's stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $94.62, for a total transaction of $75,696.00. Following the completion of the transaction, the insider directly owned 208,800 shares of the company's stock, valued at approximately $19,756,656. The trade was a 0.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Jingye Chen also recently made the following trade(s):

  • On Monday, May 11th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $83.74, for a total transaction of $66,992.00.
  • On Thursday, May 7th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $89.85, for a total transaction of $71,880.00.
  • On Tuesday, May 5th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $84.67, for a total transaction of $67,736.00.
  • 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 value of $68,912.00.
  • On Wednesday, April 29th, Jingye Chen 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, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $85.93, for a total value of $68,744.00.
  • On Friday, April 24th, Jingye Chen 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, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.99, for a total value 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 value of $71,648.00.
  • On Friday, April 17th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $92.07, for a total value of $73,656.00.

SEA Stock Performance




Shares of SE opened at $88.61 on Friday. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $199.30. The stock has a market capitalization of $54.14 billion, a PE ratio of 34.89, a PEG ratio of 0.96 and a beta of 1.57. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.57 and a current ratio of 1.58. The stock has a 50-day simple moving average of $85.75 and a 200-day simple moving average of $113.30.

SEA (NYSE:SE - Get Free Report) last released its earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share for the quarter, missing analysts' consensus estimates of $0.75 by ($0.08). The firm had revenue of $7.10 billion for the quarter, compared to analysts' expectations of $6.46 billion. SEA had a return on equity of 14.12% and a net margin of 6.41%.The firm's quarterly revenue was up 46.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.65 earnings per share. On average, analysts predict that Sea Limited Sponsored ADR will post 3.39 earnings per share for the current fiscal year.

Key SEA News

Here are the key news stories impacting SEA this week:

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Fred Alger Management LLC grew its position 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 buying an additional 521,782 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in SEA by 24.4% in the fourth 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. SG Americas Securities LLC boosted its stake in SEA by 5.7% in the first quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore's stock valued at $135,999,000 after acquiring an additional 88,431 shares in the last quarter. Charles Lim Capital Ltd grew its holdings in shares of SEA by 172.7% during the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore's stock worth $95,678,000 after purchasing an additional 475,000 shares during the last quarter. Finally, State of Tennessee Department of Treasury grew its holdings in shares of SEA by 32.4% during the fourth quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore's stock worth $83,750,000 after purchasing an additional 175,746 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

Analyst Ratings Changes

SE has been the subject of several recent analyst reports. Bank of America reaffirmed a "buy" rating and set a $125.00 price objective on shares of SEA in a research report on Monday, March 9th. Sanford C. Bernstein dropped their target price on SEA from $170.00 to $150.00 and set an "outperform" rating on the stock in a report on Wednesday, March 4th. TD Cowen raised their price target on SEA from $100.00 to $108.00 and gave the company a "hold" rating in a research note on Wednesday. Barclays lifted their price target on SEA from $120.00 to $122.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, JPMorgan Chase & Co. lowered their price objective on SEA from $168.00 to $163.00 and set an "overweight" rating for the company in a research report on Thursday. One investment 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 given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $158.41.

Get Our Latest 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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