Insider Selling: SEA (NYSE:SE) Insider Sells $71,560.00 in Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Jingye Chen sold 800 shares of SEA stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $89.45, for a total value of $71,560.00. Following the completion of the sale, the insider directly owned 202,400 shares in the company, valued at approximately $18,104,680. The trade was a 0.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Thursday, May 28th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $91.98, for a total value of $73,584.00.
  • On Friday, May 22nd, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $87.84, for a total value of $70,272.00.
  • On Wednesday, May 20th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $86.35, for a total value of $69,080.00.
  • On Monday, May 18th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $88.02, for a total value of $70,416.00.
  • On Friday, May 15th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $88.58, for a total value of $70,864.00.
  • On Wednesday, May 13th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $94.62, for a total value of $75,696.00.
  • On Monday, May 11th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $83.74, for a total value of $66,992.00.
  • On Thursday, May 7th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $89.85, for a total value of $71,880.00.
  • 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 value of $67,736.00.
  • On Friday, May 1st, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $86.14, for a total value of $68,912.00.

SEA Price Performance

Shares of SEA stock opened at $90.41 on Friday. The stock has a market cap of $55.24 billion, a price-to-earnings ratio of 35.60, a price-to-earnings-growth ratio of 0.93 and a beta of 1.57. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.58. The stock has a 50 day moving average price of $85.85 and a 200-day moving average price of $108.41. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30.

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

Institutional Investors Weigh In On SEA

Several hedge funds have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in shares of SEA by 43.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the Internet company based in Singapore’s stock worth $206,000 after buying an additional 751 shares during the period. Entropy Technologies LP purchased a new stake in shares of SEA in the 1st quarter worth $678,000. Andra AP fonden lifted its holdings in shares of SEA by 69.8% in the 1st quarter. Andra AP fonden now owns 60,100 shares of the Internet company based in Singapore’s stock worth $4,977,000 after buying an additional 24,700 shares during the period. Parallel Advisors LLC lifted its holdings in shares of SEA by 8.5% in the 1st quarter. Parallel Advisors LLC now owns 6,045 shares of the Internet company based in Singapore’s stock worth $501,000 after buying an additional 474 shares during the period. Finally, Cornerstone Planning Group LLC lifted its holdings 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 buying an additional 174 shares during the period. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SE has been the subject of a number of recent research reports. JPMorgan Chase & Co. dropped their target price on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Weiss Ratings restated a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. Bank of America restated a “buy” rating and set a $125.00 price objective on shares of SEA in a report on Monday, March 9th. Morgan Stanley set a $121.00 price objective on SEA and gave the company an “overweight” rating in a report on Friday, March 13th. Finally, Sanford C. Bernstein dropped their price objective on SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $155.54.

View Our Latest Stock Analysis on SE

Trending Headlines about 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.

See Also

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

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