Feng Zhao Sells 2,000 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Feng Zhao sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $124.04, for a total transaction of $248,080.00. Following the transaction, the insider directly owned 144,000 shares of the company’s stock, valued at $17,861,760. This represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• 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 Stock Down 2.7%

SE stock opened at $116.17 on Wednesday. The company has a market capitalization of $70.99 billion, a P/E ratio of 44.85, a price-to-earnings-growth ratio of 1.10 and a beta of 1.54. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $199.30. The firm’s fifty day simple moving average is $103.86 and its 200-day simple moving average is $96.58. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48.

SEA (NYSE:SE) last issued its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.16). The business had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%.The company’s revenue for the quarter was up 48.3% on a year-over-year basis. During the same period last year, the business earned $0.65 EPS. As a group, equities research analysts forecast that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Morgan Stanley reaffirmed an “overweight” rating and set a $153.00 target price on shares of SEA in a report on Thursday, August 13th. Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a research report on Monday, July 20th. Zacks Research lowered SEA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Finally, TD Cowen reaffirmed a “hold” rating on shares of SEA in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $151.90.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of SEA in the second quarter worth about $12,410,000. Public Employees Retirement System of Ohio acquired a new stake in shares of SEA during the 2nd quarter valued at about $37,527,000. Flossbach Von Storch SE purchased a new position in shares of SEA in the 2nd quarter valued at about $1,725,000. Handelsbanken Fonder AB increased its stake in shares of SEA by 18.8% in the 2nd quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock valued at $16,066,000 after purchasing an additional 26,498 shares in the last quarter. Finally, Valeo Financial Advisors LLC acquired a new position in SEA in the 2nd quarter worth about $215,000. 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: 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

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.