Insider Selling: SEA (NYSE:SE) Insider Sells $73,584.00 in Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Jingye Chen sold 800 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $91.98, for a total value of $73,584.00. Following the sale, the insider owned 200,800 shares in the company, valued at approximately $18,469,584. This trade represents a 0.40% 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 link.

Jingye Chen also recently made the following trade(s):

  • On Tuesday, May 26th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $89.45, for a total value of $71,560.00.
  • On Friday, May 22nd, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $87.84, for a total value of $70,272.00.
  • On Wednesday, May 20th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $86.35, for a total value of $69,080.00.
  • On Monday, May 18th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $88.02, for a total value of $70,416.00.
  • On Friday, May 15th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $88.58, for a total transaction of $70,864.00.
  • On Wednesday, May 13th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $94.62, for a total transaction of $75,696.00.
  • On Monday, May 11th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $83.74, for a total transaction of $66,992.00.
  • On Thursday, May 7th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $89.85, for a total transaction of $71,880.00.
  • On Tuesday, May 5th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $84.67, for a total transaction of $67,736.00.
  • On Friday, May 1st, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $86.14, for a total transaction of $68,912.00.

SEA Stock Performance

SEA stock opened at $90.41 on Monday. 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 firm has a market capitalization of $55.24 billion, a P/E ratio of 35.60, a price-to-earnings-growth ratio of 0.93 and a beta of 1.57. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The company’s 50-day moving average is $85.85 and its 200 day moving average is $108.08.

SEA (NYSE:SEGet Free Report) last announced its 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). The business had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. The firm’s quarterly revenue was up 46.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 EPS. Research analysts forecast that Sea Limited Sponsored ADR will post 3.39 EPS for the current year.

Institutional Investors Weigh In On SEA

Institutional investors and hedge funds have recently bought and sold shares of the company. Fred Alger Management LLC lifted its holdings in shares of SEA by 22.1% in the 3rd quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock worth $515,894,000 after buying an additional 521,782 shares during the period. OVERSEA CHINESE BANKING Corp Ltd grew its position in shares of SEA by 24.4% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock worth $228,549,000 after buying an additional 350,840 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of SEA by 5.7% during the first quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore’s stock valued at $135,999,000 after buying an additional 88,431 shares during the period. Charles Lim Capital Ltd raised its holdings in shares of SEA by 172.7% in the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock valued at $95,678,000 after acquiring an additional 475,000 shares in the last quarter. Finally, State of Tennessee Department of Treasury raised its holdings in shares of SEA by 32.4% in the fourth quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore’s stock valued at $83,750,000 after acquiring an additional 175,746 shares in the last quarter. 59.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. 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. Barclays boosted their target price on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Morgan Stanley set a $121.00 price target on shares of SEA and gave the stock an “overweight” rating in a research note on Friday, March 13th. Sanford C. Bernstein decreased 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. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $155.54.

Get Our Latest Stock Report on SEA

Key Headlines Impacting 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

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.

Recommended Stories

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.