SEA (NYSE:SE) Insider Sells $173,895.00 in Stock

Key Points

  • Sea COO Gang Ye sold 20,000 shares at an average price of $115.92, generating approximately $2.32 million and reducing his direct stake by 4.66% to 408,792 shares. The sale follows multiple additional insider sales throughout August.
  • SEA shares opened at $123.42, up 6.7%, with a market capitalization of approximately $75.4 billion. The stock trades at a P/E ratio of 47.65 and remains below its 52-week high of $199.30.
  • Sea’s latest quarterly revenue rose 48.3% year over year to $7.79 billion, exceeding estimates, although EPS of $0.70 missed expectations. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $151.90.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 1,500 shares of SEA stock in a transaction on Monday, August 24th. The shares were sold at an average price of $115.93, for a total value of $173,895.00. Following the sale, the insider directly owned 24,600 shares of the company's stock, valued at approximately $2,851,878. The trade was a 5.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Yanjun Wang also recently made the following trade(s):

  • On Friday, August 21st, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $117.74, for a total value of $176,610.00.
  • On Wednesday, August 19th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $117.90, for a total value of $176,850.00.
  • On Monday, August 17th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $119.88, for a total value of $179,820.00.
  • On Friday, August 14th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $122.24, for a total value of $183,360.00.
  • On Wednesday, August 12th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $128.66, for a total value of $192,990.00.
  • On Monday, August 10th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $114.58, for a total transaction of $171,870.00.
  • On Friday, August 7th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.00, for a total transaction of $169,500.00.
  • On Wednesday, August 5th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.27, for a total transaction of $169,905.00.
  • On Monday, August 3rd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $109.81, for a total transaction of $164,715.00.
  • On Thursday, July 30th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $105.39, for a total transaction of $126,468.00.

SEA Stock Up 6.7%




SEA stock opened at $123.42 on Wednesday. The company has a market capitalization of $75.41 billion, a P/E ratio of 47.65, a P/E/G ratio of 1.16 and a beta of 1.54. The firm's fifty day simple moving average is $107.25 and its 200-day simple moving average is $96.77. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30.

SEA (NYSE:SE - Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.86 by ($0.16). The business had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%.The company's revenue for the quarter was up 48.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.65 earnings per share. Sell-side analysts forecast that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

Hedge Funds Weigh In On SEA

Large investors have recently made changes to their positions in the business. Woodline Partners LP bought a new position in SEA in the 1st quarter worth approximately $4,028,000. BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of SEA by 248.7% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore's stock valued at $6,268,000 after acquiring an additional 27,953 shares during the period. Captrust Financial Advisors boosted its position in shares of SEA by 4.2% in the second quarter. Captrust Financial Advisors now owns 27,188 shares of the Internet company based in Singapore's stock valued at $4,348,000 after acquiring an additional 1,084 shares during the period. State of Tennessee Department of Treasury grew its stake in shares of SEA by 5.4% in the second quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore's stock worth $86,880,000 after acquiring an additional 27,964 shares during the last quarter. Finally, Morse Asset Management Inc increased its position in SEA by 21.1% during the second quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore's stock worth $1,946,000 after acquiring an additional 2,121 shares during the period. Institutional investors and hedge funds own 59.53% of the company's stock.

Wall Street Analysts Forecast Growth

SE has been the topic of a number of analyst reports. JPMorgan Chase & Co. lowered their price objective on SEA from $168.00 to $163.00 and set an "overweight" rating on the stock in a report on Thursday, May 14th. TD Cowen restated a "hold" rating on shares of SEA in a report on Monday, August 17th. Weiss Ratings raised SEA from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. Benchmark increased their price target on SEA from $140.00 to $175.00 and gave the company a "buy" rating in a report on Wednesday, August 12th. Finally, Jefferies Financial Group restated a "buy" rating on shares of SEA in a research note on Tuesday, May 12th. 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 given a Sell rating to the company. According to data from MarketBeat.com, SEA has a consensus rating of "Moderate Buy" and a consensus price target of $151.90.

Check Out Our Latest Analysis on SE

SEA News Summary

Here are the key news stories impacting SEA this week:

  • Positive Sentiment: Brokerage recommendations continue to lean bullish on Sea Limited, with the average broker recommendation suggesting the stock could be added to portfolios. However, the reports caution that sell-side ratings can be overly optimistic and should not be viewed as a standalone buy signal. Brokers Suggest Investing in Sea Limited

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.

See Also

Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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