Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Jingye Chen sold 800 shares of the stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $85.75, for a total transaction of $68,600.00. Following the sale, the insider owned 226,400 shares in the company, valued at approximately $19,413,800. The trade was a 0.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Jingye Chen also recently made the following trade(s):
- On Friday, April 10th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $85.74, for a total transaction of $68,592.00.
- On Wednesday, April 8th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $86.62, for a total transaction of $69,296.00.
- On Monday, April 6th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $82.98, for a total transaction of $66,384.00.
- On Wednesday, April 1st, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $82.66, for a total transaction of $66,128.00.
- On Wednesday, March 25th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $81.87, for a total transaction of $65,496.00.
- On Monday, March 23rd, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $80.11, for a total transaction of $64,088.00.
- On Thursday, March 19th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $80.97, for a total transaction of $64,776.00.
SEA Stock Up 0.6%
Shares of SEA stock opened at $86.42 on Tuesday. The company has a market cap of $50.91 billion, a price-to-earnings ratio of 34.29, a price-to-earnings-growth ratio of 0.79 and a beta of 1.69. The company’s 50 day moving average is $94.46 and its 200 day moving average is $126.30. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $199.30. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 0.04.
SEA News Summary
Here are the key news stories impacting SEA this week:
- Negative Sentiment: Director David Y. Ma sold a total of 203,304 shares across April 10 and April 13 (average prices ~ $85.84–$86.11), generating roughly $17.47M and reducing his stake by several percentage points. Large director selling can be read as a negative signal, though he still retains over 1M shares. Read More.
- Negative Sentiment: COO Gang Ye sold 20,000 shares across April 10 and April 13 (avg. prices ~ $84.39–$85.73), totaling about $1.70M and trimming his holdings by ~2.8–2.9%. Insider sales by executives can signal personal liquidity needs or portfolio rebalancing; context matters. Read More.
- Negative Sentiment: Insider Jingye Chen sold 1,600 shares across the two dates (~$68.6K + $68.6K), a very small percent reduction of their position; likely immaterial but recorded in filings. Read More.
- Negative Sentiment: Insider Yanjun Wang sold 1,600 shares across the two dates (~$68.6K + $68.6K), also a small reduction in holdings. Read More.
- Negative Sentiment: Coverage note: an article summarizing a director sale is available for additional context. Read More.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in SE. Woodline Partners LP bought a new position in SEA in the first quarter worth approximately $4,028,000. BI Asset Management Fondsmaeglerselskab A S raised its position in SEA by 248.7% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore’s stock worth $6,268,000 after acquiring an additional 27,953 shares during the period. Captrust Financial Advisors raised its position in SEA by 4.2% in the second quarter. Captrust Financial Advisors now owns 27,188 shares of the Internet company based in Singapore’s stock worth $4,348,000 after acquiring an additional 1,084 shares during the period. State of Tennessee Department of Treasury raised its position in SEA by 5.4% in the second quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore’s stock worth $86,880,000 after acquiring an additional 27,964 shares during the period. Finally, Morse Asset Management Inc raised its position in SEA by 21.1% in the second quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore’s stock worth $1,946,000 after acquiring an additional 2,121 shares during the period. 59.53% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of research analysts recently weighed in on SE shares. Wedbush lowered their price objective on shares of SEA from $190.00 to $170.00 and set an “outperform” rating on the stock in a research report on Friday, December 19th. Sanford C. Bernstein lowered their price objective on shares of SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. Barclays lowered their price objective on shares of SEA from $226.00 to $120.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Weiss Ratings restated a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. Finally, Morgan Stanley set a $121.00 price target on shares of SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. One equities research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $166.83.
Get Our Latest Stock Report on SEA
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.
Further Reading
Receive News & Ratings for SEA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEA and related companies with MarketBeat.com's FREE daily email newsletter.
