SEA (NYSE:SE) Insider Jingye Chen Sells 800 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Jingye Chen sold 800 shares of SEA stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $91.98, for a total transaction of $73,584.00. Following the completion of the sale, the insider directly owned 200,800 shares in the company, valued at $18,469,584. This trade represents a 0.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • On Tuesday, May 26th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $89.45, for a total transaction of $71,560.00.
  • On Friday, May 22nd, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $87.84, for a total transaction of $70,272.00.
  • On Wednesday, May 20th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $86.35, for a total transaction of $69,080.00.
  • On Monday, May 18th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $88.02, for a total transaction of $70,416.00.
  • On Friday, May 15th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $88.58, for a total transaction of $70,864.00.
  • On Wednesday, May 13th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $94.62, for a total transaction of $75,696.00.
  • On Monday, May 11th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $83.74, for a total transaction of $66,992.00.
  • On Thursday, May 7th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $89.85, for a total transaction of $71,880.00.
  • On Tuesday, May 5th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $84.67, for a total transaction of $67,736.00.
  • On Friday, May 1st, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $86.14, for a total transaction of $68,912.00.

SEA Trading Down 1.7%

Shares of SE stock opened at $90.41 on Friday. The company’s fifty day simple moving average is $85.85 and its two-hundred day simple moving average is $108.41. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $199.30. The stock has a market capitalization of $55.24 billion, a price-to-earnings ratio of 35.60, a PEG ratio of 0.94 and a beta of 1.57.

SEA (NYSE:SEGet Free Report) last issued its earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $6.46 billion. During the same period in the previous year, the firm earned $0.65 EPS. The company’s revenue was up 46.6% compared to the same quarter last year. As a group, analysts anticipate that Sea Limited Sponsored ADR will post 3.39 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC grew its position in SEA by 43.1% in the first quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the Internet company based in Singapore’s stock worth $206,000 after acquiring an additional 751 shares in the last quarter. Entropy Technologies LP purchased a new position in SEA in the first quarter worth $678,000. Andra AP fonden grew its position in SEA by 69.8% in the first quarter. Andra AP fonden now owns 60,100 shares of the Internet company based in Singapore’s stock worth $4,977,000 after acquiring an additional 24,700 shares in the last quarter. Parallel Advisors LLC grew its position in SEA by 8.5% in the first quarter. Parallel Advisors LLC now owns 6,045 shares of the Internet company based in Singapore’s stock worth $501,000 after acquiring an additional 474 shares in the last quarter. Finally, Cornerstone Planning Group LLC grew its position in 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 acquiring an additional 174 shares in the last quarter. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their price target on shares of SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Sanford C. Bernstein reduced their price target on shares of SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a research report on Wednesday, March 4th. Barclays boosted their price target on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Jefferies Financial Group restated a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. Finally, Morgan Stanley set a $121.00 price target on shares of SEA and gave the company an “overweight” rating in a research report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $155.54.

Get Our Latest Research Report on SEA

Key Headlines Impacting SEA

Here are the key news stories impacting SEA this week:

  • Positive Sentiment: Barclays reportedly raised its price target on Sea Limited and reiterated an Overweight rating, reinforcing a constructive long-term outlook for SE. Sea Limited (SE) Outlook Strengthens as Barclays Maintains Overweight Rating
  • Neutral Sentiment: Hayden Capital’s first-quarter letter mentioned Sea Limited among companies viewed through the lens of AI disruption and macro sensitivity, but it does not appear to introduce a direct company-specific catalyst. Hayden Capital analysis on Sea Ltd
  • Neutral Sentiment: Multiple recent insider sales by Jingye Chen, Yanjun Wang, and COO Gang Ye were small relative to their overall holdings, suggesting routine trimming rather than a major change in outlook. SEC filing for insider sale
  • Negative Sentiment: The recent wave of insider selling may be pressuring sentiment around Sea Limited (SE), as investors sometimes read repeated insider disposals as a sign of limited near-term upside. SEC filing for insider sales

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.

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

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