Insider Selling: SEA (NYSE:SE) COO Sells $833,200.00 in Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) COO Gang Ye sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $83.32, for a total value of $833,200.00. Following the completion of the sale, the chief operating officer directly owned 220,000 shares in the company, valued at approximately $18,330,400. The trade was a 4.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Monday, April 27th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $85.92, for a total value of $859,200.00.
  • On Friday, April 24th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $84.57, for a total value of $845,700.00.
  • On Wednesday, April 22nd, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $85.99, for a total value 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 value of $895,600.00.
  • On Friday, April 17th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $92.15, for a total value of $921,500.00.
  • On Wednesday, April 15th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $88.88, for a total transaction of $888,800.00.
  • On Monday, April 13th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $84.39, for a total transaction of $843,900.00.
  • On Friday, April 10th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $85.73, for a total value of $857,300.00.
  • On Wednesday, April 8th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $86.71, for a total value of $867,100.00.
  • On Monday, April 6th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $82.68, for a total value of $826,800.00.

SEA Stock Up 1.6%

Shares of NYSE SE opened at $86.20 on Friday. The stock has a market cap of $52.67 billion, a P/E ratio of 34.21, a PEG ratio of 0.90 and a beta of 1.57. The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30. The business’s fifty day simple moving average is $88.49 and its 200-day simple moving average is $117.77.

SEA (NYSE:SEGet Free Report) last announced its quarterly earnings data on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.28). The company had revenue of $6.85 billion during the quarter, compared to analyst estimates of $6.42 billion. SEA had a net margin of 6.93% and a return on equity of 15.20%. The firm’s revenue was up 38.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.39 earnings per share. As a group, equities analysts predict that Sea Limited Sponsored ADR will post 3.32 EPS for the current fiscal year.

Institutional Investors Weigh In On SEA

Several institutional investors have recently modified their holdings of the company. Venturi Wealth Management LLC lifted its position in shares of SEA by 1.9% during the 4th quarter. Venturi Wealth Management LLC now owns 5,208 shares of the Internet company based in Singapore’s stock worth $664,000 after purchasing an additional 98 shares during the last quarter. Belpointe Asset Management LLC lifted its position in shares of SEA by 1.8% during the 3rd quarter. Belpointe Asset Management LLC now owns 5,779 shares of the Internet company based in Singapore’s stock worth $1,033,000 after purchasing an additional 103 shares during the last quarter. Rothschild Investment LLC lifted its position in shares of SEA by 114.0% during the 3rd quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after purchasing an additional 106 shares during the last quarter. Salomon & Ludwin LLC lifted its position in shares of SEA by 2,860.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 148 shares of the Internet company based in Singapore’s stock worth $27,000 after purchasing an additional 143 shares during the last quarter. Finally, Cloud Capital Management LLC lifted its position in shares of SEA by 8.0% during the 4th quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore’s stock worth $255,000 after purchasing an additional 148 shares during the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SE has been the topic of several analyst reports. JPMorgan Chase & Co. reduced their price objective on SEA from $170.00 to $168.00 and set an “overweight” rating on the stock in a research note on Monday, April 20th. Sanford C. Bernstein reduced their price objective on SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 4th. Barclays decreased their price objective on shares of SEA from $226.00 to $120.00 and set an “overweight” rating for the company in a research report on Thursday, March 5th. Morgan Stanley set a $121.00 price objective on shares of SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $150.00 price objective on shares of SEA in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, SEA presently has a consensus rating of “Moderate Buy” and an average price target of $161.66.

View Our Latest Stock Report on SE

SEA News Summary

Here are the key news stories impacting SEA this week:

About SEA

(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.

See Also

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

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