SEA (NYSE:SE) Insider Jingye Chen Sells 800 Shares

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Jingye Chen sold 800 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $89.85, for a total value of $71,880.00. Following the completion of the sale, the insider directly owned 212,000 shares of the company’s stock, valued at approximately $19,048,200. The trade was a 0.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

  • 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 value 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 value of $68,912.00.
  • On Wednesday, April 29th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $83.31, for a total transaction of $66,648.00.
  • On Monday, April 27th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.93, for a total transaction of $68,744.00.
  • On Friday, April 24th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $84.58, for a total transaction of $67,664.00.
  • On Wednesday, April 22nd, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $85.99, for a total transaction of $68,792.00.
  • On Monday, April 20th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $89.56, for a total transaction of $71,648.00.
  • On Friday, April 17th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $92.07, for a total transaction of $73,656.00.
  • On Wednesday, April 15th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $88.89, for a total transaction of $71,112.00.
  • On Monday, April 13th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.75, for a total value of $68,600.00.

SEA Stock Performance

SE stock opened at $86.87 on Friday. The stock has a 50-day moving average price of $87.09 and a 200-day moving average price of $115.75. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04. The firm has a market cap of $53.08 billion, a PE ratio of 34.47, a price-to-earnings-growth ratio of 0.91 and a beta of 1.57.

SEA (NYSE:SEGet Free Report) last announced its earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.28). SEA had a net margin of 6.93% and a return on equity of 15.20%. The business had revenue of $6.85 billion for the quarter, compared to the consensus estimate of $6.42 billion. During the same quarter in the previous year, the company earned $0.39 EPS. The firm’s revenue for the quarter was up 38.4% on a year-over-year basis. As a group, equities research analysts expect that Sea Limited Sponsored ADR will post 3.39 earnings per share for the current year.

Key Stories Impacting SEA

Here are the key news stories impacting SEA this week:

Institutional Trading of SEA

Several hedge funds have recently bought and sold shares of the business. Rothschild Investment LLC raised its holdings in SEA by 114.0% during the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after buying an additional 106 shares during the last quarter. Zions Bancorporation National Association UT grew its holdings in shares of SEA by 539.6% during the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock valued at $39,000 after buying an additional 259 shares during the last quarter. Holos Integrated Wealth LLC bought a new stake in shares of SEA during the fourth quarter worth about $44,000. Cornerstone Planning Group LLC increased its position in shares of SEA by 26.5% during the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after acquiring an additional 174 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of SEA by 41.9% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 559 shares of the Internet company based in Singapore’s stock worth $100,000 after acquiring an additional 165 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Wall Street Analyst Weigh In

SE has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. Barclays cut their target price on shares of SEA from $226.00 to $120.00 and set an “overweight” rating on the stock in a research note on Thursday, March 5th. Jefferies Financial Group restated a “buy” rating and issued a $150.00 price target on shares of SEA in a report on Tuesday, March 3rd. Sanford C. Bernstein reduced their target price on SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a research note on Wednesday, March 4th. Finally, JPMorgan Chase & Co. decreased their target price on SEA from $170.00 to $168.00 and set an “overweight” rating for the company in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, SEA presently has an average rating of “Moderate Buy” and a consensus target price of $161.66.

Read Our Latest Stock Analysis on SEA

SEA Company Profile

(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.

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Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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