SEA (NYSE:SE) COO Gang Ye Sells 10,000 Shares

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) COO Gang Ye sold 10,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $94.61, for a total transaction of $946,100.00. Following the sale, the chief operating officer directly owned 310,000 shares in the company, valued at approximately $29,329,100. This represents a 3.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

  • On Friday, May 8th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $86.78, for a total transaction of $867,800.00.
  • On Monday, May 11th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $83.67, for a total transaction of $836,700.00.
  • On Wednesday, May 6th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $88.39, for a total transaction of $883,900.00.
  • On Monday, May 4th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $85.75, for a total transaction of $857,500.00.
  • On Friday, May 1st, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $86.14, for a total transaction of $861,400.00.
  • On Wednesday, April 29th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $83.32, for a total transaction of $833,200.00.
  • On Monday, April 27th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $85.92, for a total transaction of $859,200.00.
  • On Friday, April 24th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $84.57, for a total transaction of $845,700.00.
  • On Wednesday, April 22nd, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $85.99, for a total transaction of $859,900.00.
  • On Monday, April 20th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $89.56, for a total transaction of $895,600.00.

SEA Stock Down 5.3%

Shares of NYSE SE opened at $88.61 on Friday. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30. The company has a market capitalization of $54.14 billion, a PE ratio of 34.89, a price-to-earnings-growth ratio of 0.96 and a beta of 1.57. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.57. The firm’s 50-day moving average is $85.75 and its two-hundred day moving average is $113.30.

SEA (NYSE:SEGet Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.08). SEA had a net margin of 6.41% and a return on equity of 14.12%. The business had revenue of $7.10 billion during the quarter, compared to analysts’ expectations of $6.46 billion. During the same period last year, the company earned $0.65 EPS. The firm’s revenue for the quarter was up 46.6% on a year-over-year basis. Equities analysts anticipate that Sea Limited Sponsored ADR will post 3.39 EPS for the current fiscal year.

SEA News Roundup

Here are the key news stories impacting SEA this week:

Analyst Upgrades and Downgrades

Several analysts have issued reports on SE shares. JPMorgan Chase & Co. reduced their price target on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday. Barclays upped their price target on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a report on Thursday. TD Cowen upped their price target on shares of SEA from $100.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday. Bank of America reaffirmed a “buy” rating and issued a $125.00 price target on shares of SEA in a report on Monday, March 9th. Finally, Sanford C. Bernstein reduced their price target on shares of SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a report on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, SEA currently has a consensus rating of “Moderate Buy” and an average price target of $158.41.

Check Out Our Latest Stock Report on SE

Hedge Funds Weigh In On SEA

Institutional investors have recently modified their holdings of the company. Rothschild Investment LLC raised its position in shares of SEA by 114.0% in 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 last quarter. Zions Bancorporation National Association UT raised its position in shares of SEA by 539.6% in 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 last quarter. Holos Integrated Wealth LLC acquired a new position in shares of SEA in the fourth quarter valued at approximately $44,000. Cullen Frost Bankers Inc. raised its position in shares of SEA by 41.9% in the third quarter. Cullen Frost Bankers Inc. now owns 559 shares of the Internet company based in Singapore’s stock valued at $100,000 after buying an additional 165 shares during the last quarter. Finally, Hillsdale Investment Management Inc. raised its position in shares of SEA by 44.4% in the third quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore’s stock valued at $116,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

SEA Company Profile

(Get Free Report)

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.

Read More

Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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