SEA (NYSE:SE) Director Chen Seng Heng Sells 20,000 Shares

Sea Limited Sponsored ADR (NYSE:SE) Director Chen Seng Heng sold 20,000 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $122.31, for a total value of $2,446,200.00. Following the sale, the director owned 164,904 shares of the company’s stock, valued at $20,169,408.24. The trade was a 10.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

SEA Stock Performance

NYSE:SE opened at $116.17 on Wednesday. The firm’s fifty day simple moving average is $103.86 and its 200 day simple moving average is $96.58. 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 twelve month low of $77.05 and a twelve month high of $199.30. The firm has a market capitalization of $70.99 billion, a price-to-earnings ratio of 44.85, a PEG ratio of 1.10 and a beta of 1.54.

SEA (NYSE:SE) last released its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.16). SEA had a net margin of 5.98% and a return on equity of 13.54%. The company had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.12 billion. During the same period last year, the business earned $0.65 earnings per share. The company’s revenue for the quarter was up 48.3% compared to the same quarter last year. As a group, equities research analysts expect that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current fiscal year.

Key Headlines Impacting SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Howard Marks’ Oaktree Capital disclosed a new Sea Limited position worth approximately $60.9 million. The investment may support investor confidence in Sea’s long-term growth potential after the stock’s recent decline. Howard Marks article
• Positive Sentiment: Sea’s latest quarterly revenue increased 48.3% year over year to $7.79 billion, exceeding analysts’ $7.12 billion estimate. The company’s digital entertainment, e-commerce and financial-services businesses continue to provide significant growth momentum.
• Neutral Sentiment: Analysts maintain a generally favorable view, with a “Moderate Buy” consensus and an average price target of $151.90. However, the stock’s valuation remains elevated at roughly 45 times earnings, leaving shares sensitive to earnings execution and growth expectations.
• Negative Sentiment: Sea reported quarterly earnings of $0.70 per share, missing the $0.86 consensus estimate. The earnings shortfall may be weighing on the stock despite the strong revenue performance.
• Negative Sentiment: Several senior executives sold shares recently: CEO Xiaodong Li sold approximately $2.38 million, COO Gang Ye sold $3.72 million, President Zhimin Feng sold $1.86 million, and other insiders sold additional shares. The broad-based selling, totaling more than $8 million in the reported transactions, can raise concerns about near-term valuation or insider expectations. Gang Ye insider sale Xiaodong Li insider sale

Hedge Funds Weigh In On SEA

Several institutional investors and hedge funds have recently made changes to their positions in the business. Zions Bancorporation National Association UT increased its stake in shares of SEA by 539.6% in 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 buying an additional 259 shares during the last quarter. Cornerstone Planning Group LLC increased its holdings 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 acquiring an additional 540 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in shares of SEA by 102.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock valued at $144,000 after acquiring an additional 573 shares in the last quarter. Osbon Capital Management LLC bought a new position in SEA during the fourth quarter worth $175,000. Finally, Cloud Capital Management LLC boosted its holdings in SEA by 8.0% in the fourth quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore’s stock worth $255,000 after purchasing an additional 148 shares during the period. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on SE shares. Jefferies Financial Group restated a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Barclays boosted 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. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a report on Monday, July 20th. JPMorgan Chase & Co. dropped their price target on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Finally, TD Cowen reiterated a “hold” rating on shares of SEA in a report on Monday. One equities 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 issued a Sell rating to the company. Based on data from MarketBeat.com, SEA currently has a consensus rating of “Moderate Buy” and an average target price of $151.90.

About SEA

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.