Insider Selling: SEA (NYSE:SE) COO Sells $894,700.00 in Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) COO Gang Ye sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $89.47, for a total transaction of $894,700.00. Following the sale, the chief operating officer directly owned 230,000 shares in the company, valued at approximately $20,578,100. This trade represents a 4.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • 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 transaction of $920,200.00.
  • 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 transaction of $878,500.00.
  • On Wednesday, May 20th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $86.35, for a total transaction of $863,500.00.
  • On Monday, May 18th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $88.11, for a total transaction of $881,100.00.
  • On Friday, May 15th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $88.60, for a total transaction of $886,000.00.
  • On Wednesday, May 13th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $94.61, for a total transaction of $946,100.00.
  • On Friday, May 8th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $86.78, for a total transaction 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 transaction 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 transaction 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 transaction of $857,500.00.

SEA Stock Down 1.7%

SE stock opened at $90.41 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The company has a 50-day moving average of $85.85 and a two-hundred day moving average of $108.41. The stock has a market capitalization of $55.24 billion, a price-to-earnings ratio of 35.60, a price-to-earnings-growth ratio of 0.93 and a beta of 1.57.

SEA (NYSE:SEGet Free Report) last posted 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 the consensus estimate of $0.75 by ($0.08). SEA had a return on equity of 14.12% and a net margin of 6.41%.The business had revenue of $7.10 billion during the quarter, compared to analyst estimates of $6.46 billion. During the same period last year, the company earned $0.65 EPS. The business’s revenue for the quarter was up 46.6% on a year-over-year basis. As a group, equities research analysts anticipate that Sea Limited Sponsored ADR will post 3.39 EPS for the current year.

Institutional Trading of SEA

Hedge funds have recently modified their holdings of the stock. Lingohr Asset Management GmbH boosted its stake in SEA by 219.4% in the third quarter. Lingohr Asset Management GmbH now owns 12,700 shares of the Internet company based in Singapore’s stock valued at $2,270,000 after acquiring an additional 8,724 shares during the last quarter. Andra AP fonden boosted its stake in SEA by 7.0% in the third quarter. Andra AP fonden now owns 144,300 shares of the Internet company based in Singapore’s stock valued at $25,791,000 after acquiring an additional 9,400 shares during the last quarter. Fred Alger Management LLC boosted its stake in SEA by 22.1% in the third quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock valued at $515,894,000 after acquiring an additional 521,782 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in SEA by 24.4% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock valued at $228,549,000 after acquiring an additional 350,840 shares during the last quarter. Finally, Rathbones Group PLC boosted its stake in SEA by 78.6% in the fourth quarter. Rathbones Group PLC now owns 22,015 shares of the Internet company based in Singapore’s stock valued at $2,808,000 after acquiring an additional 9,688 shares during the last quarter. 59.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SE has been the subject of several recent 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 report on Wednesday, May 13th. Morgan Stanley set a $121.00 price objective on shares of SEA and gave the stock an “overweight” rating in a report on Friday, March 13th. Sanford C. Bernstein dropped their price objective on shares of SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, March 4th. Jefferies Financial Group reaffirmed a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Finally, Bank of America reaffirmed 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 given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, SEA presently has a consensus rating of “Moderate Buy” and an average target price of $155.54.

Read Our Latest Stock Analysis on SE

Key SEA News

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

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)

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