SEA (NYSE:SE) Insider Feng Zhao Sells 2,000 Shares

Sea Limited Sponsored ADR (NYSE:SE) insider Feng Zhao sold 2,000 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $124.04, for a total value of $248,080.00. Following the completion of the sale, the insider owned 144,000 shares of the company’s stock, valued at approximately $17,861,760. This trade represents a 1.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Feng Zhao also recently made the following trade(s):

• On Tuesday, August 11th, Feng Zhao sold 2,000 shares of SEA stock. The shares were sold at an average price of $128.26, for a total value of $256,520.00.

SEA Price Performance

Shares of SEA stock opened at $119.53 on Tuesday. The business has a 50 day moving average of $103.23 and a 200 day moving average of $96.65. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $199.30. The company has a market cap of $73.04 billion, a PE ratio of 46.15, a P/E/G ratio of 1.10 and a beta of 1.54. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.07.

SEA (NYSE:SE) last issued its quarterly earnings data 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 company 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 firm’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.65 earnings per share. As a group, equities research analysts forecast that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current year.

Institutional Trading of SEA

A number of hedge funds have recently made changes to their positions in SE. Capstone Capital Management Ltd bought a new position in SEA during the 1st quarter valued at approximately $1,612,000. OVERSEA CHINESE BANKING Corp Ltd grew its stake in shares of SEA by 24.4% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock worth $228,549,000 after acquiring an additional 350,840 shares during the last quarter. Ramirez Asset Management Inc. bought a new position in shares of SEA during the fourth quarter valued at $3,560,000. Equitable Trust Co. raised its position in shares of SEA by 30.9% in the 1st quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock worth $15,532,000 after purchasing an additional 44,252 shares during the last quarter. Finally, Charles Lim Capital Ltd boosted its stake in SEA by 172.7% in the 4th quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock worth $95,678,000 after purchasing an additional 475,000 shares in the last quarter. 59.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SE. Barclays boosted their price target on shares of SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Benchmark lifted their price objective on SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Zacks Research downgraded SEA from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. Finally, Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $151.90.

Key Headlines Impacting SEA

Here are the key news stories impacting SEA this week:

• Negative Sentiment: CEO Xiaodong Li sold 19,230 shares for approximately $2.38 million, reducing his stake by 6.67% while retaining 269,220 shares. SEC filing
• Negative Sentiment: COO Gang Ye sold 30,000 shares for approximately $3.72 million, reducing his ownership by 7.5%; separate coverage also reported additional sales totaling roughly $7.7 million across August 11–12. SEC filing Motley Fool coverage
• Negative Sentiment: President Zhimin Feng sold 15,000 shares worth $1.86 million, cutting his position by 5.56%, while continuing to hold 255,000 shares. SEC filing
• Negative Sentiment: Additional insider sales included 2,000 shares by Feng Zhao and 1,500 shares by Yanjun Wang. The broad participation by management and insiders makes the selling activity more notable to investors. SEC filing SEC filing

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.