SEA (NYSE:SE) Director Sells $6,940,982.66 in Stock

Sea Limited Sponsored ADR (NYSE:SE) Director David Ma sold 80,606 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $86.11, for a total value of $6,940,982.66. Following the transaction, the director directly owned 1,072,083 shares of the company’s stock, valued at $92,317,067.13. This trade represents a 6.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

SEA Stock Up 0.6%

NYSE:SE opened at $86.42 on Tuesday. The firm has a market capitalization of $50.91 billion, a PE ratio of 34.29, a price-to-earnings-growth ratio of 0.79 and a beta of 1.69. The stock has a 50 day moving average of $94.46 and a 200-day moving average of $126.30. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $199.30. 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:SE) last posted its earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.28). The company had revenue of $6.85 billion for the quarter, compared to the consensus estimate of $6.42 billion. SEA had a net margin of 6.93% and a return on equity of 15.20%. The firm’s revenue for the quarter was up 38.4% compared to the same quarter last year. During the same period last year, the company posted $0.39 earnings per share. Analysts predict that Sea Limited Sponsored ADR will post 0.74 EPS for the current year.

Key SEA News

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.

Analysts Set New Price Targets

Several research firms have recently commented on SE. Barclays lowered their target price on SEA from $226.00 to $120.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. Morgan Stanley set a $121.00 target price on SEA and gave the company an “overweight” rating in a report on Friday, March 13th. Jefferies Financial Group reiterated a “buy” rating and set a $150.00 price objective on shares of SEA in a research report on Tuesday, March 3rd. Finally, Wedbush reduced their price objective on SEA from $190.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, SEA presently has an average rating of “Moderate Buy” and a consensus target price of $166.83.

Hedge Funds Weigh In On SEA

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Venturi Wealth Management LLC boosted its position in shares of 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 buying an additional 98 shares during the period. Belpointe Asset Management LLC boosted its stake in SEA by 1.8% during the 3rd 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 purchasing an additional 103 shares in the last quarter. Rothschild Investment LLC boosted its stake in SEA by 114.0% during the 3rd quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after purchasing an additional 106 shares in the last quarter. GAMMA Investing LLC boosted its stake in SEA by 4.8% during the 3rd quarter. GAMMA Investing LLC now owns 3,112 shares of the Internet company based in Singapore’s stock valued at $556,000 after purchasing an additional 142 shares in the last quarter. Finally, Salomon & Ludwin LLC boosted its stake in SEA by 2,860.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 148 shares of the Internet company based in Singapore’s stock valued at $27,000 after purchasing an additional 143 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

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.