SEA (NYSE:SE) COO Sells $1,998,200.00 in Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) COO Gang Ye sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $99.91, for a total value of $1,998,200.00. Following the completion of the sale, the chief operating officer directly owned 240,000 shares of the company’s stock, valued at approximately $23,978,400. The trade was a 7.69% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

  • On Wednesday, July 29th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $108.41, for a total transaction of $2,168,200.00.
  • On Wednesday, July 22nd, Gang Ye sold 20,000 shares of SEA stock. The shares were 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 shares were sold at an average price of $106.62, for a total transaction of $2,132,400.00.
  • On Monday, July 27th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $103.69, for a total transaction of $2,073,800.00.
  • 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 transaction 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 transaction of $2,278,800.00.
  • On Wednesday, July 8th, Gang Ye sold 20,000 shares of SEA stock. The shares were 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 shares were sold at an average price of $104.41, for a total value 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 value of $926,300.00.

SEA Price Performance

NYSE SE opened at $106.23 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.58 and a debt-to-equity ratio of 0.05. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30. The company has a market capitalization of $64.91 billion, a PE ratio of 41.82, a price-to-earnings-growth ratio of 1.04 and a beta of 1.55. The firm’s 50 day moving average is $96.70 and its 200-day moving average is $97.27.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on SE shares. Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a research report on Monday, July 20th. Barclays upped their target price on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating 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 SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Finally, TD Cowen raised their price objective on SEA from $100.00 to $108.00 and gave the company a “hold” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $155.54.

Get Our Latest Analysis on SEA

Institutional Investors Weigh In On SEA

Several hedge funds have recently bought and sold shares of the stock. Handelsbanken Fonder AB grew its position in shares of SEA by 18.8% in the second quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock valued at $16,066,000 after purchasing an additional 26,498 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in SEA in the 2nd quarter valued at $215,000. GAMMA Investing LLC boosted its stake in SEA by 6.6% in the 2nd quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore’s stock valued at $262,000 after purchasing an additional 170 shares during the period. Versant Capital Management Inc grew its holdings in SEA by 195.7% in the 2nd quarter. Versant Capital Management Inc now owns 2,561 shares of the Internet company based in Singapore’s stock valued at $245,000 after buying an additional 1,695 shares in the last quarter. Finally, Rathbones Group PLC increased its position in SEA by 39.7% during the 1st quarter. Rathbones Group PLC now owns 30,750 shares of the Internet company based in Singapore’s stock worth $2,546,000 after buying an additional 8,735 shares during the period. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Company Profile

(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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