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

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) COO Gang Ye sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $92.02, for a total value of $920,200.00. Following the completion of the transaction, the chief operating officer directly owned 210,000 shares of the company’s stock, valued at $19,324,200. The trade was a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Tuesday, May 26th, Gang Ye sold 10,000 shares of SEA stock. The shares were 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 shares were sold at an average price of $87.85, for a total value of $878,500.00.
  • On Wednesday, May 20th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $86.35, for a total value of $863,500.00.
  • On Monday, May 18th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $88.11, for a total value of $881,100.00.
  • On Friday, May 15th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $88.60, for a total value of $886,000.00.
  • On Wednesday, May 13th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $94.61, for a total value of $946,100.00.
  • On Friday, May 8th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $86.78, for a total value of $867,800.00.
  • On Monday, May 11th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $83.67, for a total value of $836,700.00.
  • On Wednesday, May 6th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $88.39, for a total value of $883,900.00.
  • On Monday, May 4th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $85.75, for a total value of $857,500.00.

SEA Price Performance

Shares of NYSE:SE opened at $90.41 on Friday. The business’s fifty day moving average price is $85.85 and its two-hundred day moving average price is $108.41. The stock has a market cap of $55.24 billion, a PE ratio of 35.60, a price-to-earnings-growth ratio of 0.93 and a beta of 1.57. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.58. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30.

SEA (NYSE:SEGet Free Report) last announced its earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.08). The company had revenue of $7.10 billion for the quarter, compared to analyst estimates of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. SEA’s quarterly revenue was up 46.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.65 EPS. On average, analysts forecast that Sea Limited Sponsored ADR will post 3.39 EPS for the current fiscal year.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

  • Positive Sentiment: Barclays reportedly raised its price target on Sea Limited and reiterated an Overweight rating, reinforcing a constructive long-term outlook for SE. Sea Limited (SE) Outlook Strengthens as Barclays Maintains Overweight Rating
  • Neutral Sentiment: Hayden Capital’s first-quarter letter mentioned Sea Limited among companies viewed through the lens of AI disruption and macro sensitivity, but it does not appear to introduce a direct company-specific catalyst. Hayden Capital analysis on Sea Ltd
  • Neutral Sentiment: Multiple recent insider sales by Jingye Chen, Yanjun Wang, and COO Gang Ye were small relative to their overall holdings, suggesting routine trimming rather than a major change in outlook. SEC filing for insider sale
  • Negative Sentiment: The recent wave of insider selling may be pressuring sentiment around Sea Limited (SE), as investors sometimes read repeated insider disposals as a sign of limited near-term upside. SEC filing for insider sales

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its position in shares of SEA by 43.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the Internet company based in Singapore’s stock worth $206,000 after buying an additional 751 shares during the period. Entropy Technologies LP purchased a new position in shares of SEA in the 1st quarter worth $678,000. Andra AP fonden raised its position in shares of SEA by 69.8% in the 1st quarter. Andra AP fonden now owns 60,100 shares of the Internet company based in Singapore’s stock worth $4,977,000 after buying an additional 24,700 shares during the period. Parallel Advisors LLC raised its position in shares of SEA by 8.5% in the 1st quarter. Parallel Advisors LLC now owns 6,045 shares of the Internet company based in Singapore’s stock worth $501,000 after buying an additional 474 shares during the period. Finally, Cornerstone Planning Group LLC raised its position in shares of SEA by 26.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after buying an additional 174 shares during the period. 59.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SE has been the topic of several analyst reports. TD Cowen raised their price objective on SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a report on Wednesday, May 13th. Morgan Stanley set a $121.00 price objective on SEA and gave the stock an “overweight” rating in a report on Friday, March 13th. JPMorgan Chase & Co. decreased 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. Barclays raised their price objective on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Finally, Bank of America restated a “buy” rating and set a $125.00 price objective on shares of SEA in a report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, SEA currently has a consensus rating of “Moderate Buy” and an average target price of $155.54.

Get Our Latest Analysis on SE

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)

Receive News & Ratings for SEA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEA and related companies with MarketBeat.com's FREE daily email newsletter.