SEA (NYSE:SE) COO Sells $859,900.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) COO Gang Ye sold 10,000 shares of the firm’s stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $85.99, for a total value of $859,900.00. Following the completion of the sale, the chief operating officer owned 270,000 shares in the company, valued at approximately $23,217,300. This represents a 3.57% 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 Monday, April 20th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $89.56, for a total value of $895,600.00.
• On Friday, April 17th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $92.15, for a total value of $921,500.00.
• On Wednesday, April 15th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $88.88, for a total value of $888,800.00.
• On Monday, April 13th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $84.39, for a total value of $843,900.00.
• On Friday, April 10th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $85.73, for a total value of $857,300.00.
• On Wednesday, April 8th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $86.71, for a total value of $867,100.00.
• On Monday, April 6th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $82.68, for a total value of $826,800.00.
• On Wednesday, April 1st, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $84.28, for a total value of $842,800.00.
• On Wednesday, March 25th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $80.60, for a total value of $806,000.00.
• On Monday, March 23rd, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $80.06, for a total value of $800,600.00.

SEA Stock Performance

Shares of SE stock opened at $83.31 on Friday. The stock’s 50-day moving average is $90.97 and its two-hundred day moving average is $121.82. The firm has a market cap of $49.08 billion, a price-to-earnings ratio of 33.06, a PEG ratio of 0.87 and a beta of 1.69. 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 0.04, a quick ratio of 1.57 and a current ratio of 1.58.

SEA (NYSE:SE) last issued its quarterly earnings data on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.28). The firm had revenue of $6.85 billion for the quarter, compared to analysts’ expectations of $6.42 billion. SEA had a return on equity of 15.20% and a net margin of 6.93%.The business’s revenue for the quarter was up 38.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 EPS. Analysts predict that Sea Limited Sponsored ADR will post 3.46 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Venturi Wealth Management LLC raised its position in shares of SEA by 1.9% during 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 purchasing an additional 98 shares during the last quarter. Belpointe Asset Management LLC raised its holdings in SEA by 1.8% in the 3rd quarter. Belpointe Asset Management LLC now owns 5,779 shares of the Internet company based in Singapore’s stock valued at $1,033,000 after acquiring an additional 103 shares during the last quarter. Rothschild Investment LLC raised its holdings in SEA by 114.0% in the 3rd quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after acquiring an additional 106 shares during the last quarter. Salomon & Ludwin LLC raised its holdings in SEA by 2,860.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 148 shares of the Internet company based in Singapore’s stock valued at $27,000 after acquiring an additional 143 shares during the last quarter. Finally, Cloud Capital Management LLC raised its holdings in 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 valued at $255,000 after acquiring an additional 148 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Barclays lowered their price target on SEA from $226.00 to $120.00 and set an “overweight” rating on the stock in a report on Thursday, March 5th. Jefferies Financial Group reissued a “buy” rating and set a $150.00 price target on shares of SEA in a report on Tuesday, March 3rd. Morgan Stanley set a $121.00 price target on SEA and gave the stock an “overweight” rating in a report on Friday, March 13th. JPMorgan Chase & Co. lowered their price target on SEA from $170.00 to $168.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Bank of America reissued a “buy” rating and set a $125.00 price target on shares of SEA in a report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, SEA has an average rating of “Moderate Buy” and a consensus target price of $161.66.

SEA Company Profile

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.