SEA (NYSE:SE) COO Gang Ye Sells 10,000 Shares

Sea Limited Sponsored ADR (NYSE:SE) COO Gang Ye sold 10,000 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $91.57, for a total transaction of $915,700.00. Following the completion of the sale, the chief operating officer owned 70,000 shares in the company, valued at $6,409,900. This represents a 12.50% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Gang Ye also recently made the following trade(s):

• On Monday, June 15th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $87.26, for a total transaction of $872,600.00.
• On Friday, June 12th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $83.76, for a total transaction of $837,600.00.
• On Wednesday, June 10th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $82.51, for a total transaction of $825,100.00.
• On Monday, June 8th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $84.33, for a total transaction of $843,300.00.
• On Friday, June 5th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $87.21, for a total transaction of $872,100.00.
• On Wednesday, June 3rd, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $90.47, for a total transaction of $904,700.00.
• On Monday, June 1st, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $96.16, for a total transaction of $961,600.00.
• On Thursday, May 28th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $92.02, for a total value of $920,200.00.
• On Tuesday, May 26th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $89.47, for a total value of $894,700.00.
• On Friday, May 22nd, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $87.85, for a total value of $878,500.00.

SEA Trading Up 0.6%

SE stock opened at $91.42 on Friday. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The stock has a market capitalization of $55.86 billion, a price-to-earnings ratio of 35.99, a P/E/G ratio of 0.95 and a beta of 1.57. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The business has a fifty day moving average price of $87.92 and a 200 day moving average price of $103.05.

SEA (NYSE:SE) last released its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.08). SEA had a net margin of 6.41% and a return on equity of 14.12%. The business had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. During the same period in the prior year, the firm earned $0.65 earnings per share. The business’s quarterly revenue was up 46.6% compared to the same quarter last year. Analysts expect that Sea Limited Sponsored ADR will post 3.33 EPS for the current fiscal year.

Institutional Investors Weigh In On SEA

Several hedge funds have recently bought and sold shares of SE. Rothschild Investment LLC grew its stake in SEA by 114.0% in the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after acquiring an additional 106 shares during the period. Zions Bancorporation National Association UT raised its position in shares of SEA by 539.6% during the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after purchasing an additional 259 shares during the period. Holos Integrated Wealth LLC bought a new position in shares of SEA during the 4th quarter valued at about $44,000. Hillsdale Investment Management Inc. lifted its holdings in shares of SEA by 44.4% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore’s stock valued at $116,000 after purchasing an additional 200 shares in the last quarter. Finally, Cornerstone Planning Group LLC grew its position in shares of SEA by 461.5% in the 4th quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore’s stock valued at $83,000 after purchasing an additional 540 shares during the period. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on SE shares. Zacks Research raised shares of SEA from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Sanford C. Bernstein dropped their target price on shares of SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a research report on Wednesday, March 4th. Bank of America reissued a “buy” rating and issued a $125.00 price target on shares of SEA in a research note on Monday, March 9th. JPMorgan Chase & Co. dropped their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $155.54.

SEA Company Profile

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.