Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) COO Gang Ye sold 20,000 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $106.76, for a total transaction of $2,135,200.00. Following the sale, the chief operating officer directly owned 120,000 shares of the company’s stock, valued at $12,811,200. This represents a 14.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Gang Ye also recently made the following trade(s):
- On Wednesday, July 29th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $108.41, for a total transaction of $2,168,200.00.
- On Wednesday, July 22nd, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $105.20, for a total transaction of $2,104,000.00.
- On Monday, July 20th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $106.62, for a total transaction of $2,132,400.00.
- On Monday, July 27th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $103.69, for a total transaction of $2,073,800.00.
- On Friday, July 24th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $99.91, for a total transaction of $1,998,200.00.
- 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 value of $2,252,400.00.
- On Friday, July 10th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $113.94, for a total value of $2,278,800.00.
- On Wednesday, July 8th, Gang Ye sold 20,000 shares of SEA stock. The stock was 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 shares were 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.
SEA Price Performance
NYSE SE opened at $106.57 on Monday. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $199.30. The company’s 50 day moving average is $97.09 and its two-hundred day moving average is $97.10. The company has a current ratio of 1.58, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05. The stock has a market cap of $65.12 billion, a price-to-earnings ratio of 41.96, a PEG ratio of 1.03 and a beta of 1.54.
Hedge Funds Weigh In On SEA
Hedge funds and other institutional investors have recently made changes to their positions in the business. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in 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 valued at $228,549,000 after acquiring an additional 350,840 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of SEA by 5.7% in the 1st quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore’s stock worth $135,999,000 after acquiring an additional 88,431 shares during the last quarter. Charles Lim Capital Ltd raised its stake in SEA by 172.7% during the 4th 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 purchasing an additional 475,000 shares during the period. State of Tennessee Department of Treasury grew its holdings in shares of SEA by 32.4% during the 4th 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. Finally, PFA Pension Forsikringsaktieselskab bought a new stake in SEA in the fourth quarter worth $26,282,000. Institutional investors and hedge funds own 59.53% of the company’s stock.
Key Stories Impacting SEA
Here are the key news stories impacting SEA this week:
- Positive Sentiment: Wall Street maintains a favorable view of Sea. The stock has a “Moderate Buy” consensus rating, with one Strong Buy, nine Buy and four Hold ratings. The average analyst price target is $155.54, while Barclays and JPMorgan recently maintained overweight ratings. Analyst ratings and price targets
- Positive Sentiment: Institutional investors and hedge funds have generally increased their exposure to SE. Several funds boosted their holdings, and institutional investors collectively own approximately 59.5% of the company, providing a supportive ownership signal.
- Neutral Sentiment: A new value-investing comparison evaluates Sea against VTEX, but the available report does not provide a clear conclusion on which stock is more attractive. Investors may be weighing Sea’s growth prospects against its valuation. VTEX or SE value comparison
- Negative Sentiment: Sea’s stock recently fell 1.97% even as the broader market gained, suggesting near-term selling pressure and weaker relative performance. Sea stock performance report
- Negative Sentiment: Insider selling may be weighing on sentiment. COO Gang Ye sold 20,000 shares worth about $2.17 million, reducing his position by 11.1%, while Yanjun Wang sold 1,500 shares and has made multiple additional sales since late June. Sea insider sales
- Negative Sentiment: Sea’s latest reported quarter showed strong revenue growth of 46.6% year over year and revenue above expectations, but EPS of $0.67 missed the $0.75 consensus estimate. With a P/E near 42, investors may be sensitive to further earnings disappointments.
Analysts Set New Price Targets
A number of research analysts have issued reports on SE shares. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Zacks Research upgraded shares of SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Barclays increased their price objective on SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Finally, TD Cowen boosted their price target on shares of SEA from $100.00 to $108.00 and gave the company a “hold” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $155.54.
Read Our Latest Stock Report on SE
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.
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