Gang Ye Sells 10,000 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) COO Gang Ye sold 10,000 shares of SEA stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $94.61, for a total value of $946,100.00. Following the sale, the chief operating officer directly owned 310,000 shares in the company, valued at approximately $29,329,100. The trade was a 3.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

  • On Friday, May 8th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $86.78, for a total value 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.
  • On Friday, May 1st, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $86.14, for a total transaction of $861,400.00.
  • On Wednesday, April 29th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $83.32, for a total transaction of $833,200.00.
  • On Monday, April 27th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $85.92, for a total transaction of $859,200.00.
  • On Friday, April 24th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $84.57, for a total transaction of $845,700.00.
  • On Wednesday, April 22nd, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $85.99, for a total transaction of $859,900.00.
  • On Monday, April 20th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $89.56, for a total transaction of $895,600.00.

SEA Price Performance

SE stock opened at $93.55 on Thursday. The firm has a 50 day moving average price of $85.74 and a 200-day moving average price of $113.76. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The firm has a market capitalization of $57.16 billion, a price-to-earnings ratio of 36.83, a PEG ratio of 0.98 and a beta of 1.57. 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:SEGet Free Report) last released 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). SEA had a net margin of 6.41% and a return on equity of 14.79%. The business had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $6.46 billion. During the same quarter in the previous year, the business posted $0.65 earnings per share. SEA’s revenue for the quarter was up 46.6% on a year-over-year basis. Equities research analysts forecast that Sea Limited Sponsored ADR will post 3.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on SE shares. Barclays restated an “overweight” rating on shares of SEA in a report on Thursday. TD Cowen boosted their price objective on shares of SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a report on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. 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, 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $158.66.

View Our Latest Stock Analysis on SEA

Key Headlines Impacting SEA

Here are the key news stories impacting SEA this week:

Institutional Investors Weigh In On SEA

A number of hedge funds have recently added to or reduced their stakes in the stock. Andra AP fonden raised its stake in SEA by 69.8% during the 1st quarter. Andra AP fonden now owns 60,100 shares of the Internet company based in Singapore’s stock valued at $4,977,000 after buying an additional 24,700 shares during the last quarter. Parallel Advisors LLC raised its stake in SEA by 8.5% during the 1st quarter. Parallel Advisors LLC now owns 6,045 shares of the Internet company based in Singapore’s stock valued at $501,000 after buying an additional 474 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in SEA by 26.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after buying an additional 174 shares during the last quarter. Equitable Trust Co. raised its stake in SEA by 30.9% during the 1st quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock valued at $15,532,000 after buying an additional 44,252 shares during the last quarter. Finally, Capstone Capital Management Ltd purchased a new stake in SEA during the 1st quarter valued at $1,612,000. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

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.

Further Reading

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

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