SEA (NYSE:SE) COO Gang Ye Sells 20,000 Shares

Sea Limited Sponsored ADR (NYSE:SE) COO Gang Ye sold 20,000 shares of SEA stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $103.69, for a total transaction of $2,073,800.00. Following the completion of the transaction, the chief operating officer owned 200,000 shares of the company’s stock, valued at $20,738,000. This trade represents a 9.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Wednesday, July 22nd, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $105.20, for a total value of $2,104,000.00.
• On Monday, July 20th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $106.62, for a total value of $2,132,400.00.
• On Friday, July 24th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $99.91, for a total value of $1,998,200.00.
• On Monday, July 13th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $112.62, for a total value of $2,252,400.00.
• On Friday, July 10th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $113.94, for a total value of $2,278,800.00.
• On Wednesday, July 8th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $103.00, for a total transaction of $2,060,000.00.
• On Monday, July 6th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $104.41, for a total transaction of $2,088,200.00.
• On Wednesday, July 1st, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $100.89, for a total transaction of $2,017,800.00.
• On Monday, June 29th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $92.63, for a total transaction of $926,300.00.
• On Friday, June 26th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $89.58, for a total transaction of $895,800.00.

SEA Trading Down 1.0%

Shares of SE stock traded down $1.02 on Tuesday, reaching $103.37. 2,682,305 shares of the stock were exchanged, compared to its average volume of 4,952,213. The stock has a market cap of $63.16 billion, a PE ratio of 40.70, a P/E/G ratio of 0.96 and a beta of 1.55. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The stock has a 50 day moving average price of $95.51 and a 200 day moving average price of $97.87.

SEA (NYSE:SE) last posted its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.08). The business had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $6.46 billion. SEA had a return on equity of 14.12% and a net margin of 6.41%.The company’s quarterly revenue was up 46.6% on a year-over-year basis. During the same period last year, the firm earned $0.65 earnings per share. Equities research analysts forecast that Sea Limited Sponsored ADR will post 3.23 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. 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 valued at $228,549,000 after acquiring an additional 350,840 shares in the last quarter. SG Americas Securities LLC raised its stake in SEA by 5.7% in the 1st quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore’s stock worth $135,999,000 after purchasing an additional 88,431 shares in the last quarter. Charles Lim Capital Ltd boosted its holdings 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 valued at $95,678,000 after purchasing an additional 475,000 shares during the period. State of Tennessee Department of Treasury boosted its holdings in SEA by 32.4% in the 4th quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore’s stock valued at $83,750,000 after purchasing an additional 175,746 shares during the period. Finally, PFA Pension Forsikringsaktieselskab acquired a new position in shares of SEA during the 4th quarter worth approximately $26,282,000. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on SE shares. JPMorgan Chase & Co. dropped their target price on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Zacks Research raised shares of SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Barclays lifted their price objective 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. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $155.54.

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.