Key Points
- Sea Limited COO Gang Ye sold 10,000 shares on May 26 at an average price of $89.47, totaling $894,700. After the sale, he still held 230,000 shares valued at about $20.6 million.
- Gang Ye has been actively trimming his stake, with multiple additional 10,000-share sales reported in recent days at prices ranging from the low $80s to the low $90s. The repeated transactions suggest ongoing profit-taking rather than a full exit.
- Sea Limited’s stock and fundamentals remain mixed: shares recently traded around $92.01, the company posted strong revenue growth but missed quarterly EPS estimates, and analysts currently rate the stock a “Moderate Buy” with an average target price of $155.54.
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 800 shares of the business's stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $89.45, for a total transaction of $71,560.00. Following the sale, the insider owned 10,000 shares in the company, valued at $894,500. This trade represents a 7.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Yanjun Wang also recently made the following trade(s):
- On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $91.98, for a total transaction of $73,584.00.
- On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $87.87, for a total transaction of $70,296.00.
- On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.34, for a total transaction of $69,072.00.
- On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.06, for a total transaction of $70,448.00.
- On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.58, for a total transaction of $70,864.00.
- On Wednesday, May 13th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $94.63, for a total value of $75,704.00.
- On Monday, May 11th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $83.74, for a total value of $66,992.00.
- On Friday, May 8th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.79, for a total value of $69,432.00.
- On Wednesday, May 6th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.38, for a total value of $70,704.00.
- On Monday, May 4th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.75, for a total value of $68,600.00.
SEA Stock Performance
Shares of SEA stock opened at $92.01 on Friday. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The company has a market cap of $56.22 billion, a PE ratio of 36.23, a P/E/G 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 1.56 and a current ratio of 1.58. The business has a 50-day simple moving average of $85.73 and a 200-day simple moving average of $108.54.
SEA (NYSE:SE - Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.75 by ($0.08). SEA had a return on equity of 14.12% and a net margin of 6.41%.The company had revenue of $7.10 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same period in the prior year, the firm posted $0.65 earnings per share. The business's quarterly revenue was up 46.6% compared to the same quarter last year. On average, equities research analysts forecast that Sea Limited Sponsored ADR will post 3.39 EPS for the current fiscal year.
More SEA News
Here are the key news stories impacting SEA this week:
- Positive Sentiment: Barclays reiterated an Overweight rating on Sea Limited and increased its price target, which may reinforce investor confidence in the stock’s longer-term upside. Sea Limited (SE) Outlook Strengthens as Barclays Maintains Overweight Rating
- Neutral Sentiment: Insider Jingye Chen sold 800 shares at about $91.98, a very small reduction relative to his overall holdings, which is unlikely to materially change the investment story. SEC filing for Jingye Chen sale
- Neutral Sentiment: Insider Yanjun Wang sold 800 shares at about $91.98, another routine insider transaction that appears small compared with the company’s overall share count. SEC filing for Yanjun Wang sale
- Neutral Sentiment: COO Gang Ye sold 10,000 shares at around $92, which is a larger transaction, but it still reflects a partial trim rather than a major exit and may be viewed as routine profit-taking. SEC filing for Gang Ye sale
- Negative Sentiment: Additional insider sales by Yanjun Wang, Jingye Chen, and Gang Ye on May 26 and May 28 may create some caution among investors because insider selling can sometimes signal limited near-term upside. SEC filing for insider sales
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on SE shares. TD Cowen boosted their price objective on SEA from $100.00 to $108.00 and gave the stock a "hold" rating in a research report on Wednesday, May 13th. Bank of America reissued a "buy" rating and set a $125.00 price objective on shares of SEA in a research report on Monday, March 9th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of SEA in a report on Friday, March 27th. Sanford C. Bernstein lowered their price target on SEA from $170.00 to $150.00 and set an "outperform" rating for the company in a report on Wednesday, March 4th. Finally, JPMorgan Chase & Co. lowered their price target on SEA from $168.00 to $163.00 and set an "overweight" rating for the company in a report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, SEA has a consensus rating of "Moderate Buy" and an average target price of $155.54.
Check Out Our Latest Report on SEA
Hedge Funds Weigh In On SEA
A number of institutional investors and hedge funds have recently added to or reduced their stakes in SE. Fred Alger Management LLC boosted its holdings in SEA by 22.1% in the third 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 purchasing an additional 521,782 shares in the last quarter. Charles Lim Capital Ltd boosted its holdings in SEA by 172.7% in the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore's stock valued at $95,678,000 after purchasing an additional 475,000 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings 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 purchasing an additional 350,840 shares in the last quarter. PFA Pension Forsikringsaktieselskab acquired a new position in SEA in the fourth quarter valued at approximately $26,282,000. Finally, State of Tennessee Department of Treasury boosted its holdings in SEA by 32.4% in the fourth quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore's stock valued at $83,750,000 after purchasing an additional 175,746 shares in the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.
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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