SEA (NYSE:SE) COO Gang Ye Sells 20,000 Shares

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) COO Gang Ye sold 20,000 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $107.95, for a total value of $2,159,000.00. Following the transaction, the chief operating officer directly owned 678,792 shares of the company’s stock, valued at approximately $73,275,596.40. The trade was a 2.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

  • On Thursday, September 10th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $108.04, for a total transaction of $2,160,800.00.
  • On Tuesday, September 8th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $112.73, for a total transaction of $2,254,600.00.
  • On Thursday, September 3rd, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $113.33, for a total transaction of $2,266,600.00.
  • On Tuesday, September 1st, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $113.29, for a total transaction of $2,265,800.00.
  • On Friday, August 28th, Gang Ye sold 30,000 shares of SEA stock. The shares were sold at an average price of $119.82, for a total transaction of $3,594,600.00.
  • On Thursday, August 27th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $117.50, for a total transaction of $2,350,000.00.
  • On Tuesday, August 25th, Gang Ye sold 30,000 shares of SEA stock. The shares were sold at an average price of $119.96, for a total transaction of $3,598,800.00.
  • On Monday, August 24th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $115.92, for a total transaction of $2,318,400.00.
  • On Thursday, August 20th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $117.18, for a total transaction of $2,343,600.00.
  • On Wednesday, August 19th, Gang Ye sold 21,208 shares of SEA stock. The shares were sold at an average price of $117.98, for a total value of $2,502,119.84.

SEA Trading Up 2.1%

NYSE SE opened at $108.49 on Tuesday. The company has a market cap of $66.29 billion, a price-to-earnings ratio of 41.89, a price-to-earnings-growth ratio of 1.07 and a beta of 1.51. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $196.45. 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 business’s fifty day moving average is $112.21 and its 200 day moving average is $96.99.

SEA (NYSE:SEGet Free Report) last posted its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS 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 the consensus estimate of $7.12 billion. During the same quarter in the prior year, the business posted $0.65 earnings per share. SEA’s revenue for the quarter was up 48.3% compared to the same quarter last year. As a group, sell-side analysts expect that Sea Limited Sponsored ADR will post 2.91 EPS for the current fiscal year.

Institutional Trading of SEA

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SE. Capstone Capital Management Ltd bought a new position in SEA during the 1st quarter worth approximately $1,612,000. Ramirez Asset Management Inc. bought a new stake in shares of SEA in the 4th quarter valued at $3,560,000. Equitable Trust Co. increased its position in shares of SEA by 30.9% during the first quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock worth $15,532,000 after buying an additional 44,252 shares during the period. Handelsbanken Fonder AB increased its position in shares of SEA by 18.8% during the second quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock worth $16,066,000 after buying an additional 26,498 shares during the period. Finally, Charles Lim Capital Ltd raised its stake in SEA by 172.7% during the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock worth $95,678,000 after buying an additional 475,000 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Zacks Research lowered shares of SEA from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Royal Bank Of Canada raised shares of SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Arete Research set a $152.00 price objective on shares of SEA and gave the stock a “buy” rating in a research note on Monday, September 7th. Finally, Morgan Stanley restated an “overweight” rating and issued a $153.00 price objective on shares of SEA in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, SEA has a consensus rating of “Moderate Buy” and a consensus price target of $149.40.

Read Our Latest Stock Report on SEA

SEA Company Profile

(Get Free Report)

Sea Limited (NYSE: SE) is a Singapore-based global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.

Garena, Sea’s digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.

Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.

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Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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