SEA (NYSE:SE) COO Gang Ye Sells 10,000 Shares of 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 6th. The shares were sold at an average price of $88.39, for a total transaction of $883,900.00. Following the completion of the sale, the chief operating officer owned 360,000 shares in the company, valued at $31,820,400. This trade represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • 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 stock was 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 stock was 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 stock was sold at an average price of $89.56, for a total transaction 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 transaction 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 transaction 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 transaction of $843,900.00.

SEA Price Performance

Shares of SE opened at $86.87 on Friday. The company has a market cap of $53.08 billion, a price-to-earnings ratio of 34.47, a PEG ratio of 0.91 and a beta of 1.57. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The company’s fifty day simple moving average is $87.09 and its 200 day simple moving average is $115.75. The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04.

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

Wall Street Analyst Weigh In

SE has been the topic of a number of recent analyst reports. Bank of America restated a “buy” rating and set a $125.00 target price on shares of SEA in a report on Monday, March 9th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. Jefferies Financial Group reaffirmed a “buy” rating and set a $150.00 price objective on shares of SEA in a research report on Tuesday, March 3rd. Morgan Stanley set a $121.00 price objective on shares of SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of 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 assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, SEA currently has an average rating of “Moderate Buy” and a consensus target price of $161.66.

Check Out Our Latest Research Report on SEA

Hedge Funds Weigh In On SEA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Venturi Wealth Management LLC boosted its position in SEA by 1.9% during the fourth 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 period. Belpointe Asset Management LLC boosted its position in shares of SEA by 1.8% in the third 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 period. Rothschild Investment LLC boosted its position in shares of SEA by 114.0% in the third 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 period. Cloud Capital Management LLC boosted its position in shares of SEA by 8.0% in the fourth 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 period. Finally, SlateStone Wealth LLC boosted its position in shares of SEA by 0.5% in the fourth quarter. SlateStone Wealth LLC now owns 31,098 shares of the Internet company based in Singapore’s stock valued at $3,967,000 after acquiring an additional 150 shares during the period. 59.53% of the stock is owned by institutional investors.

More SEA News

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About SEA

(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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