SEA (NYSE:SE) Insider Jingye Chen Sells 30,000 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Jingye Chen sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $108.87, for a total value of $3,266,100.00. Following the completion of the sale, the insider directly owned 270,000 shares in the company, valued at approximately $29,394,900. The trade was a 10.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

SEA Trading Down 1.4%

Shares of SE stock opened at $106.23 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 $64.91 billion, a price-to-earnings ratio of 41.02, a PEG ratio of 1.08 and a beta of 1.51. The stock has a 50 day simple moving average of $112.14 and a 200-day simple moving average of $97.08. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $197.74.

SEA (NYSE:SE) last announced its 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 business had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The company’s quarterly revenue was up 48.3% on a year-over-year basis. During the same quarter last year, the business earned $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

Several institutional investors and hedge funds have recently added to or reduced their stakes in SE. Zions Bancorporation National Association UT grew its holdings in shares of SEA by 539.6% during the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after buying an additional 259 shares in the last quarter. Cornerstone Planning Group LLC lifted its stake in shares of SEA by 26.5% in the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after buying an additional 174 shares in the last quarter. Cullen Frost Bankers Inc. lifted its stake in shares of 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 worth $144,000 after buying an additional 573 shares in the last quarter. Independence Bank of Kentucky boosted its position in SEA by 611.1% during 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 last quarter. Finally, Osbon Capital Management LLC acquired a new position in SEA during the fourth quarter worth about $175,000. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $153.00 target price on shares of SEA in a research report on Thursday, August 13th. Zacks Research downgraded shares of SEA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Barclays raised their price target on shares of SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a report on Monday, July 20th. Finally, Benchmark boosted their price objective on SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $149.40.

More SEA News

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Wall Street maintains a favorable view of Sea Limited, with a consensus “Moderate Buy” rating and an average price target of $149.40. Royal Bank of Canada recently upgraded the shares to “Buy,” while Morgan Stanley and Arete Research retain “Overweight” or “Buy” ratings with targets of $152 to $153. Is Sea Limited a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Sea’s latest quarterly results showed strong momentum, with revenue rising 48.3% year over year to $7.79 billion and exceeding estimates. However, earnings per share of $0.70 missed the $0.86 consensus, highlighting pressure on profitability despite rapid growth. Analysts expect approximately $2.91 in EPS for the current fiscal year.
• Negative Sentiment: Insiders disclosed several sales totaling roughly $5.7 million. COO Gang Ye sold 20,000 shares, and director or executive Yanjun Wang sold 2,520 shares across two sessions. Jingye Chen also sold 30,000 shares. These transactions reduced the sellers’ individual holdings and may weigh on sentiment, particularly because they follow Wang’s repeated sales in recent weeks. Sea Limited Insider Selling

SEA Company Profile

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.