Key Points
- Jingye Chen sold 30,000 SEA shares at an average price of $104.13, generating $3.12 million. The transaction reduced Chen’s direct holdings by 20% to 120,000 shares.
- Chen has sold 120,000 shares across four transactions since September 9, totaling approximately $12.85 million, while other SEA insiders have also recently sold shares.
- SEA reported strong revenue growth of 48.3% year over year to $7.79 billion, but quarterly EPS of $0.70 missed the $0.86 consensus estimate. Analysts retain a “Moderate Buy” consensus with an average price target of $149.40, despite the stock’s elevated valuation and recent trading below its 50-day moving average.
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 1,200 shares of the firm's stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $103.84, for a total value of $124,608.00. Following the completion of the sale, the insider owned 3,180 shares of the company's stock, valued at approximately $330,211.20. This represents a 27.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Yanjun Wang also recently made the following trade(s):
- On Monday, September 14th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $108.32, for a total transaction of $162,480.00.
- On Thursday, September 10th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $107.99, for a total transaction of $129,588.00.
- On Wednesday, September 9th, Yanjun Wang sold 1,320 shares of SEA stock. The stock was sold at an average price of $108.88, for a total transaction of $143,721.60.
- On Tuesday, September 8th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.75, for a total transaction of $169,125.00.
- On Friday, September 4th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.29, for a total transaction of $169,935.00.
- On Wednesday, September 2nd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.48, for a total transaction of $168,720.00.
- On Monday, August 31st, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $114.07, for a total transaction of $171,105.00.
- On Friday, August 28th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.58, for a total transaction of $179,370.00.
- On Wednesday, August 26th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $119.81, for a total value of $179,715.00.
- On Monday, August 24th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $115.93, for a total value of $173,895.00.
SEA Trading Down 2.2%
SE opened at $101.20 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. The stock's 50 day moving average price is $111.98 and its 200-day moving average price is $96.88. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $195.48. The stock has a market cap of $61.83 billion, a price-to-earnings ratio of 39.07, a P/E/G ratio of 1.04 and a beta of 1.51.
SEA (NYSE:SE - Get Free Report) last issued its quarterly earnings results 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). SEA had a return on equity of 13.54% and a net margin of 5.98%.The business had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the business posted $0.65 earnings per share. SEA's revenue was up 48.3% on a year-over-year basis. On average, equities analysts forecast that Sea Limited Sponsored ADR will post 2.91 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in SE. SG Americas Securities LLC increased its holdings in SEA by 5.7% during 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 buying an additional 88,431 shares during the period. Carrhae Capital LLP purchased a new position in shares of SEA in the 2nd quarter valued at $140,501,000. Baird Financial Group Inc. raised its position in shares of SEA by 6.2% in the 2nd quarter. Baird Financial Group Inc. now owns 879,107 shares of the Internet company based in Singapore's stock worth $84,245,000 after acquiring an additional 50,965 shares in the last quarter. Charles Lim Capital Ltd lifted its stake in shares of SEA by 172.7% during the 4th 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, Carmignac Gestion boosted its position in SEA by 2.2% during the second quarter. Carmignac Gestion now owns 651,818 shares of the Internet company based in Singapore's stock valued at $62,349,000 after purchasing an additional 14,242 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company's stock.
Analyst Upgrades and Downgrades
SE has been the subject of several research analyst reports. Zacks Research downgraded SEA from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 11th. TD Cowen reiterated a "hold" rating on shares of SEA in a report on Monday, August 17th. Arete Research set a $152.00 price objective on shares of SEA and gave the company a "buy" rating in a research report on Monday, September 7th. Sanford C. Bernstein restated an "outperform" rating on shares of SEA in a research note on Monday, July 20th. Finally, Barclays raised their target price on shares of SEA from $122.00 to $156.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $149.40.
Get Our Latest Research Report on SEA
SEA News Summary
Here are the key news stories impacting SEA this week:
- Positive Sentiment: Analysts maintain a consensus “Moderate Buy” rating with an average price target of approximately $149.40, well above recent levels. Benchmark raised its target to $175, while Royal Bank of Canada upgraded the stock to “buy.”
- Positive Sentiment: Sea’s latest quarterly revenue increased 48.3% year over year to $7.79 billion, surpassing the $7.12 billion consensus estimate. Institutional investors own about 59.5% of the company, and several funds recently increased their positions. Sea analyst ratings and institutional ownership
- Neutral Sentiment: Recent Zacks coverage indicates elevated investor attention but does not identify a new fundamental business catalyst. Sea investor attention article
- Neutral Sentiment: The balance sheet remains relatively strong, with a debt-to-equity ratio of 0.07 and current and quick ratios near 1.5. However, Sea trades at roughly 39 times earnings, leaving the stock sensitive to disappointing results.
- Negative Sentiment: COO Gang Ye sold another 20,000 shares for approximately $2.08 million, reducing his direct holdings by 3.04%. This follows multiple recent sales totaling substantial proceeds and may reinforce investor concerns about insider sentiment. Gang Ye insider sale
- Negative Sentiment: Other insiders also sold shares: Jingye Chen disposed of 30,000 shares worth about $3.12 million, while Yanjun Wang sold 1,200 shares. The clustered transactions create additional near-term selling pressure, although the insiders retain shares.
- Negative Sentiment: Quarterly EPS was $0.70, below the $0.86 analyst consensus, despite the revenue beat. The earnings miss and valuation concerns appear to be outweighing Sea’s strong top-line growth in the short term, with the stock also trading below its 50-day moving average.
About SEA
(
Get Free Report)
Sea Limited (NYSE: SE) is a Singapore-based global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.
Garena, Sea's digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.
Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.
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