SEA (NYSE:SE) Insider Sells $68,912.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Jingye Chen sold 800 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $86.14, for a total transaction of $68,912.00. Following the transaction, the insider owned 215,200 shares in the company, valued at $18,537,328. The trade was a 0.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Jingye Chen also recently made the following trade(s):

• On Tuesday, May 5th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $84.67, for a total transaction of $67,736.00.
• On Wednesday, April 29th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $83.31, for a total transaction of $66,648.00.
• On Monday, April 27th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.93, for a total transaction of $68,744.00.
• On Friday, April 24th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $84.58, for a total transaction of $67,664.00.
• On Wednesday, April 22nd, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.99, for a total transaction of $68,792.00.
• On Monday, April 20th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $89.56, for a total transaction of $71,648.00.
• On Friday, April 17th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $92.07, for a total transaction of $73,656.00.
• On Wednesday, April 15th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $88.89, for a total transaction of $71,112.00.
• On Monday, April 13th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.75, for a total transaction of $68,600.00.
• On Friday, April 10th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.74, for a total transaction of $68,592.00.

SEA Price Performance

Shares of SE stock opened at $89.87 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.57 and a current ratio of 1.58. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The firm has a market cap of $54.91 billion, a P/E ratio of 35.66, a P/E/G ratio of 0.86 and a beta of 1.57. The business’s 50 day moving average price is $87.45 and its 200-day moving average price is $116.25.

SEA (NYSE:SE) last announced its quarterly earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.28). The business had revenue of $6.85 billion during the quarter, compared to analysts’ expectations of $6.42 billion. SEA had a return on equity of 15.20% and a net margin of 6.93%.The business’s revenue was up 38.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.39 EPS. On average, equities research analysts anticipate that Sea Limited Sponsored ADR will post 3.39 earnings per share for the current year.

SEA News Roundup

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Latest quarter showed strong top-line growth (revenue $6.85B, +38.4% YoY) and a revenue beat versus estimates, which investors view as validation of Sea’s e?commerce and digital services expansion. MarketBeat: SE profile & earnings summary
• Positive Sentiment: Analyst coverage remains skewed positive: majority of ratings are Buy/Outperform and the MarketBeat average price target (~$161.66) sits well above current levels — that continued analyst support likely boosts demand. MarketBeat: analyst notes & targets
• Neutral Sentiment: Sea is a trending stock on investor sites, which can amplify flows and intraday volatility but isn’t a fundamental catalyst by itself. Zacks: Trending Stock note
• Neutral Sentiment: Several small institutional adjustments (some funds added modest positions) were reported; institutional ownership remains significant (~60%), so large repositioning by institutions would matter more than these small changes. MarketBeat: institutional activity
• Negative Sentiment: Multiple insider sales were disclosed this week: COO Gang Ye sold 10,000 shares (filed with the SEC) and insiders Yanjun Wang and Jingye Chen sold multiple 800?share lots — these disclosures can create short?term negative sentiment even if sales appear routine. InsiderTrades: Gang Ye sale InsiderTrades: Yanjun Wang trades SEC filing: Jingye Chen sale

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their target price on shares of SEA from $170.00 to $168.00 and set an “overweight” rating on the stock in a research note on Monday, April 20th. Morgan Stanley set a $121.00 target price on shares of SEA and gave the company an “overweight” rating in a research note on Friday, March 13th. Barclays cut their target price on shares of SEA from $226.00 to $120.00 and set an “overweight” rating on the stock in a research note on Thursday, March 5th. Sanford C. Bernstein cut their target price on shares of SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 4th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, SEA presently has an average rating of “Moderate Buy” and a consensus price target of $161.66.

Hedge Funds Weigh In On SEA

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC lifted its position in SEA by 2,860.0% during the third quarter. Salomon & Ludwin LLC now owns 148 shares of the Internet company based in Singapore’s stock valued at $27,000 after buying an additional 143 shares during the period. Rothschild Investment LLC lifted its position in SEA by 114.0% during the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after buying an additional 106 shares during the period. Zions Bancorporation National Association UT lifted its position in 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 valued at $39,000 after buying an additional 259 shares during the period. Holos Integrated Wealth LLC purchased a new position in SEA during the fourth quarter valued at $44,000. Finally, Cornerstone Planning Group LLC raised its position in shares of SEA by 26.5% in 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 during the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

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.