Insider Selling: SEA (NYSE:SE) COO Sells $2,332,800.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) COO Gang Ye sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $116.64, for a total transaction of $2,332,800.00. Following the completion of the transaction, the chief operating officer directly owned 290,000 shares in the company, valued at approximately $33,825,600. This represents a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Monday, August 17th, Gang Ye sold 30,000 shares of SEA stock. The stock was sold at an average price of $120.08, for a total transaction of $3,602,400.00.
• On Thursday, August 13th, Gang Ye sold 30,000 shares of SEA stock. The shares were sold at an average price of $124.06, for a total value of $3,721,800.00.
• On Tuesday, August 11th, Gang Ye sold 30,000 shares of SEA stock. The stock was sold at an average price of $129.35, for a total value of $3,880,500.00.
• On Monday, August 10th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $114.59, for a total value of $2,291,800.00.
• On Friday, August 7th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $113.17, for a total transaction of $2,263,400.00.
• On Wednesday, August 5th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $113.62, for a total transaction of $2,272,400.00.
• On Monday, August 3rd, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $109.65, for a total transaction of $2,193,000.00.
• On Friday, July 31st, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $106.76, for a total transaction of $2,135,200.00.
• On Wednesday, July 29th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $108.41, for a total transaction of $2,168,200.00.
• On Wednesday, July 22nd, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $105.20, for a total transaction of $2,104,000.00.

SEA Stock Performance

SEA stock opened at $116.17 on Wednesday. The firm has a 50 day simple moving average of $103.86 and a 200-day simple moving average of $96.58. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. 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 stock has a market cap of $70.99 billion, a price-to-earnings ratio of 44.85, a price-to-earnings-growth ratio of 1.10 and a beta of 1.54.

SEA (NYSE:SE) last announced 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 firm had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%.The firm’s quarterly revenue was up 48.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 EPS. On average, analysts expect that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

Trending Headlines about 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

Analysts Set New Price Targets

SE has been the topic of several research analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. TD Cowen reiterated a “hold” rating on shares of SEA in a research report on Monday. Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Zacks Research lowered shares of SEA from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Finally, Barclays increased their price objective on shares of SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. 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 issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $151.90.

Institutional Trading of SEA

A number of institutional investors and hedge funds have recently bought and sold shares of SE. Cloud Capital Management LLC increased its position in shares of SEA by 8.0% during the fourth quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore’s stock worth $255,000 after acquiring an additional 148 shares during the period. SlateStone Wealth LLC boosted its holdings in SEA by 0.5% in the fourth quarter. SlateStone Wealth LLC now owns 31,098 shares of the Internet company based in Singapore’s stock valued at $3,967,000 after purchasing an additional 150 shares during the period. GAMMA Investing LLC boosted its holdings in SEA by 6.6% in the second quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore’s stock valued at $262,000 after purchasing an additional 170 shares during the period. Cornerstone Planning Group LLC grew its stake in SEA by 26.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after purchasing an additional 174 shares in the last quarter. Finally, Advisory Services Network LLC increased its holdings in SEA by 7.1% during the 4th quarter. Advisory Services Network LLC now owns 3,609 shares of the Internet company based in Singapore’s stock worth $460,000 after purchasing an additional 239 shares during the period. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

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.