SEA (NYSE:SE) Insider Sells $240,320.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Feng Zhao sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $120.16, for a total value of $240,320.00. Following the transaction, the insider directly owned 140,000 shares in the company, valued at $16,822,400. This trade represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Feng Zhao also recently made the following trade(s):

• On Thursday, August 13th, Feng Zhao sold 2,000 shares of SEA stock. The shares were sold at an average price of $124.04, for a total transaction of $248,080.00.
• On Tuesday, August 11th, Feng Zhao sold 2,000 shares of SEA stock. The shares were sold at an average price of $128.26, for a total transaction of $256,520.00.

SEA Trading Down 2.7%

SE opened at $116.17 on Wednesday. The firm’s 50 day moving average is $103.86 and its 200-day moving average is $96.58. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $70.99 billion, a P/E ratio of 44.85, a P/E/G ratio of 1.10 and a beta of 1.54.

SEA (NYSE:SE) last announced its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.16). SEA had a net margin of 5.98% and a return on equity of 13.54%. The firm had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.12 billion. During the same quarter last year, the company posted $0.65 earnings per share. SEA’s revenue for the quarter was up 48.3% compared to the same quarter last year. Analysts expect that Sea Limited Sponsored ADR will post 3.23 EPS for the current fiscal year.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Howard Marks’ Oaktree Capital disclosed a new Sea Limited position worth approximately $60.9 million. The investment may support investor confidence in Sea’s long-term growth potential after the stock’s recent decline. Howard Marks article
• Positive Sentiment: Sea’s latest quarterly revenue increased 48.3% year over year to $7.79 billion, exceeding analysts’ $7.12 billion estimate. The company’s digital entertainment, e-commerce and financial-services businesses continue to provide significant growth momentum.
• Neutral Sentiment: Analysts maintain a generally favorable view, with a “Moderate Buy” consensus and an average price target of $151.90. However, the stock’s valuation remains elevated at roughly 45 times earnings, leaving shares sensitive to earnings execution and growth expectations.
• Negative Sentiment: Sea reported quarterly earnings of $0.70 per share, missing the $0.86 consensus estimate. The earnings shortfall may be weighing on the stock despite the strong revenue performance.
• Negative Sentiment: Several senior executives sold shares recently: CEO Xiaodong Li sold approximately $2.38 million, COO Gang Ye sold $3.72 million, President Zhimin Feng sold $1.86 million, and other insiders sold additional shares. The broad-based selling, totaling more than $8 million in the reported transactions, can raise concerns about near-term valuation or insider expectations. Gang Ye insider sale Xiaodong Li insider sale

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Zacks Research lowered SEA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Morgan Stanley reissued an “overweight” rating and issued a $153.00 price target on shares of SEA in a report on Thursday, August 13th. JPMorgan Chase & Co. dropped their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Jefferies Financial Group reaffirmed a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. Finally, Barclays raised their price target on shares of SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, SEA has an average rating of “Moderate Buy” and a consensus target price of $151.90.

Institutional Trading of SEA

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Zions Bancorporation National Association UT raised its stake in 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 in the last quarter. Cornerstone Planning Group LLC grew its position in shares of SEA by 461.5% in the 4th quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore’s stock worth $83,000 after acquiring an additional 540 shares in the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of SEA by 102.5% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock valued at $144,000 after acquiring an additional 573 shares during the last quarter. Osbon Capital Management LLC bought a new stake in shares of SEA in the 4th quarter valued at approximately $175,000. Finally, Cloud Capital Management LLC raised its position in shares of SEA by 8.0% during 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 in the last quarter. 59.53% of the stock is owned by institutional investors.

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.