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

Sea Limited Sponsored ADR (NYSE:SE) COO Gang Ye sold 10,000 shares of the stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $89.70, for a total transaction of $897,000.00. Following the sale, the chief operating officer owned 620,000 shares of the company’s stock, valued at approximately $55,614,000. This represents a 1.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Wednesday, June 17th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $91.57, for a total value of $915,700.00.
• On Monday, June 15th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $87.26, for a total value 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 value of $837,600.00.
• On Wednesday, June 10th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $82.51, for a total value 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 value 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 value 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 value 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 value of $961,600.00.
• On Thursday, May 28th, Gang Ye sold 10,000 shares of SEA stock. The shares were 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.

SEA Stock Performance

NYSE:SE opened at $89.05 on Tuesday. The stock has a market cap of $54.41 billion, a P/E ratio of 35.06, a price-to-earnings-growth ratio of 0.95 and a beta of 1.57. The firm’s fifty day simple moving average is $88.11 and its 200 day simple moving average is $102.40. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $199.30. The company has a quick ratio of 1.56, a current ratio of 1.58 and a debt-to-equity ratio of 0.05.

SEA (NYSE:SE) last issued its quarterly earnings data 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 company had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $6.46 billion. During the same period in the previous year, the firm posted $0.65 earnings per share. The firm’s revenue for the quarter was up 46.6% compared to the same quarter last year. As a group, research analysts predict that Sea Limited Sponsored ADR will post 3.33 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Zions Bancorporation National Association UT boosted its stake in 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 acquiring an additional 259 shares in the last quarter. Holos Integrated Wealth LLC purchased a new stake in SEA in the fourth quarter worth about $44,000. Cornerstone Planning Group LLC grew its holdings in SEA by 26.5% in the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after purchasing an additional 174 shares during the period. Hillsdale Investment Management Inc. increased its stake in shares of SEA by 44.4% during the third 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, Cullen Frost Bankers Inc. increased its stake in shares of SEA by 102.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock valued at $144,000 after purchasing an additional 573 shares in the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SE has been the subject of a number of research reports. TD Cowen increased their price target on shares of SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. cut their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Morgan Stanley set a $121.00 target price on SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. Finally, Barclays raised their target price on SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, SEA presently has an average rating of “Moderate Buy” and an average price target 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.