Insider Selling: SEA (NYSE:SE) CEO Sells $7,054,333.20 in Stock

Sea Limited Sponsored ADR (NYSE:SE) CEO Xiaodong Li sold 57,690 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $122.28, for a total value of $7,054,333.20. Following the completion of the transaction, the chief executive officer directly owned 1,232,992 shares of the company’s stock, valued at $150,770,261.76. The trade was a 4.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Xiaodong Li also recently made the following trade(s):

• On Thursday, August 13th, Xiaodong Li sold 19,230 shares of SEA stock. The shares were sold at an average price of $123.96, for a total value of $2,383,750.80.
• On Tuesday, August 11th, Xiaodong Li sold 1,057,650 shares of SEA stock. The shares were sold at an average price of $129.80, for a total value of $137,282,970.00.

SEA Trading Up 1.0%

Shares of SE stock opened at $119.48 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48. The company has a market cap of $73.01 billion, a price-to-earnings ratio of 46.13, a PEG ratio of 1.20 and a beta of 1.54. The stock has a 50 day simple moving average of $108.91 and a 200-day simple moving average of $97.07. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30.

SEA (NYSE:SE) last released its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). The company had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. SEA’s revenue was up 48.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.65 EPS. On average, equities research analysts expect that Sea Limited Sponsored ADR will post 2.91 EPS for the current fiscal year.

Institutional Investors Weigh In On SEA

Hedge funds and other institutional investors have recently bought and sold shares of the company. Zions Bancorporation National Association UT boosted its holdings in SEA by 539.6% in the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock valued at $39,000 after purchasing an additional 259 shares during the last quarter. Cornerstone Planning Group LLC raised its position in shares of SEA by 461.5% during the 4th quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore’s stock valued at $83,000 after buying an additional 540 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in SEA by 102.5% in the fourth 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. Independence Bank of Kentucky grew its position in SEA by 611.1% in the second quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore’s stock worth $123,000 after acquiring an additional 1,100 shares during the period. Finally, Osbon Capital Management LLC acquired a new stake in SEA during the fourth quarter worth $175,000. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Analysts remain broadly constructive on SE. The stock has a consensus “Moderate Buy” rating and an average price target of $151.90. Benchmark raised its target to $175 and maintained a Buy rating, while JPMorgan retained its Overweight rating with a $163 target. Sea analyst ratings
• Positive Sentiment: Institutional ownership remains high at approximately 59.5%, and several investors increased their positions during the second quarter. Continued institutional participation may provide support for the stock. Sea institutional ownership
• Neutral Sentiment: Sea’s latest quarter showed substantial operating growth: revenue rose 48.3% year over year to $7.79 billion, exceeding the $7.12 billion consensus estimate. Still, earnings per share of $0.70 fell short of analysts’ $0.86 forecast, indicating that profitability remains a concern despite strong top-line momentum.
• Negative Sentiment: Multiple executives sold shares on August 25–26. CEO Xiaodong Li sold 57,690 shares for approximately $7.05 million, COO Gang Ye sold 30,000 shares for about $3.60 million, and President Zhimin Feng sold a combined 18,872 shares for roughly $2.30 million. Additional sales by insiders Feng Zhao and Yanjun Wang brought the total above 110,000 shares. The transactions were disclosed in SEC filings and may create a near-term sentiment overhang. Sea insider filing
• Negative Sentiment: Yanjun Wang has repeatedly sold 1,500 shares every few trading days since early August, including another sale on August 26 at $119.81. These trades may reflect scheduled diversification, but their frequency adds to investor caution.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. cut their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. TD Cowen restated a “hold” rating on shares of SEA in a research report on Monday, August 17th. Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of SEA in a report on Monday, July 20th. One 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $151.90.

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.