Gang Ye Sells 20,000 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SE) COO Gang Ye sold 20,000 shares of the business’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $113.94, for a total transaction of $2,278,800.00. Following the transaction, the chief operating officer owned 420,000 shares in the company, valued at $47,854,800. The trade was a 4.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, July 13th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $112.62, for a total transaction of $2,252,400.00.
• On Wednesday, July 8th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $103.00, for a total value of $2,060,000.00.
• On Monday, July 6th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $104.41, for a total transaction of $2,088,200.00.
• On Wednesday, July 1st, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $100.89, for a total transaction of $2,017,800.00.
• On Monday, June 29th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $92.63, for a total value of $926,300.00.
• On Friday, June 26th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $89.58, for a total transaction of $895,800.00.
• On Wednesday, June 24th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $92.80, for a total transaction of $928,000.00.
• On Monday, June 22nd, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $89.70, for a total value of $897,000.00.
• On Wednesday, June 17th, Gang Ye sold 10,000 shares of SEA stock. The stock was 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 stock was sold at an average price of $87.26, for a total value of $872,600.00.

SEA Stock Performance

Shares of SE opened at $111.48 on Thursday. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $199.30. 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 stock’s fifty day moving average price is $93.18 and its two-hundred day moving average price is $99.45. The firm has a market cap of $68.12 billion, a PE ratio of 43.89, a PEG ratio of 1.05 and a beta of 1.55.

SEA (NYSE:SE) last posted its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share 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 firm had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $6.46 billion. During the same quarter in the previous year, the company posted $0.65 EPS. The firm’s revenue was up 46.6% compared to the same quarter last year. On average, equities research analysts forecast that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SE. Venturi Wealth Management LLC grew its stake in SEA by 1.9% in the 4th quarter. Venturi Wealth Management LLC now owns 5,208 shares of the Internet company based in Singapore’s stock worth $664,000 after buying an additional 98 shares in the last quarter. Cloud Capital Management LLC increased its holdings in shares of SEA by 8.0% in the 4th quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore’s stock worth $255,000 after buying an additional 148 shares during the last quarter. SlateStone Wealth LLC raised its position in shares of SEA by 0.5% during the 4th quarter. SlateStone Wealth LLC now owns 31,098 shares of the Internet company based in Singapore’s stock valued at $3,967,000 after buying an additional 150 shares in the last quarter. Stonekeep Investments LLC lifted its holdings in shares of SEA by 5.6% during the 4th quarter. Stonekeep Investments LLC now owns 3,157 shares of the Internet company based in Singapore’s stock worth $403,000 after acquiring an additional 167 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of SEA by 6.6% during the 2nd quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore’s stock worth $262,000 after acquiring an additional 170 shares during the last quarter. 59.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. Barclays increased their target price on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. TD Cowen lifted their price target on SEA from $100.00 to $108.00 and gave the company a “hold” rating in a research report on Wednesday, May 13th. Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. cut their target price on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $155.54.

Key SEA News

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Wall Street sentiment remains constructive, with Sea Limited still carrying a consensus “Moderate Buy” rating and a target price well above recent trading levels, which may help support the stock. Article Title
• Neutral Sentiment: Recent analysis pieces compared SE with peers and asked whether the stock remains a value or buy candidate, but these articles were mostly commentary rather than new company-specific catalysts. Article Title
• Negative Sentiment: Multiple insider sales in a short period, including trades by COO Gang Ye and insider Yanjun Wang, may create short-term selling pressure and raise questions about insider confidence, even if some transactions were pre-planned. Article Title

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.