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

Sea Limited Sponsored ADR (NYSE:SE) COO Gang Ye sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $108.41, for a total transaction of $2,168,200.00. Following the completion of the transaction, the chief operating officer directly owned 160,000 shares in the company, valued at $17,345,600. This represents a 11.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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 shares were sold at an average price of $106.62, for a total value of $2,132,400.00.
• On Monday, July 27th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $103.69, for a total value of $2,073,800.00.
• On Friday, July 24th, Gang Ye sold 20,000 shares of SEA stock. The stock was 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 transaction of $2,252,400.00.
• On Friday, July 10th, Gang Ye sold 20,000 shares of SEA stock. The stock was 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 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 shares were 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 shares were sold at an average price of $92.63, for a total transaction of $926,300.00.

SEA Stock Performance

SE opened at $106.57 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05. The business’s 50 day moving average is $97.09 and its 200-day moving average is $97.34. The stock has a market cap of $65.12 billion, a PE ratio of 41.96, a price-to-earnings-growth ratio of 1.02 and a beta of 1.55. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $199.30.

SEA (NYSE:SE) last issued its quarterly earnings data 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). The business had revenue of $7.10 billion during 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 business’s quarterly revenue was up 46.6% compared to the same quarter last year. During the same period last year, the company earned $0.65 earnings per share. On average, analysts predict that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current year.

Hedge Funds Weigh In On SEA

Large investors have recently made changes to their positions in the business. Handelsbanken Fonder AB grew its stake in shares of SEA by 18.8% in the 2nd quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock worth $16,066,000 after purchasing an additional 26,498 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in SEA during the second quarter worth approximately $215,000. GAMMA Investing LLC grew its position in SEA by 6.6% in the second quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore’s stock worth $262,000 after buying an additional 170 shares during the last quarter. Versant Capital Management Inc grew its position in SEA by 195.7% in the second quarter. Versant Capital Management Inc now owns 2,561 shares of the Internet company based in Singapore’s stock worth $245,000 after buying an additional 1,695 shares during the last quarter. Finally, Rathbones Group PLC increased its holdings in shares of SEA by 39.7% in the first quarter. Rathbones Group PLC now owns 30,750 shares of the Internet company based in Singapore’s stock valued at $2,546,000 after buying an additional 8,735 shares in the last quarter. Institutional investors own 59.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on SE. 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 note on Thursday, May 14th. Zacks Research raised shares of SEA from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. TD Cowen increased their price objective on shares of SEA from $100.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. cut their target price on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $155.54.

SEA News Summary

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Wall Street maintains a favorable view of Sea. The stock has a “Moderate Buy” consensus rating, with one Strong Buy, nine Buy and four Hold ratings. The average analyst price target is $155.54, while Barclays and JPMorgan recently maintained overweight ratings. Analyst ratings and price targets
• Positive Sentiment: Institutional investors and hedge funds have generally increased their exposure to SE. Several funds boosted their holdings, and institutional investors collectively own approximately 59.5% of the company, providing a supportive ownership signal.
• Neutral Sentiment: A new value-investing comparison evaluates Sea against VTEX, but the available report does not provide a clear conclusion on which stock is more attractive. Investors may be weighing Sea’s growth prospects against its valuation. VTEX or SE value comparison
• Negative Sentiment: Sea’s stock recently fell 1.97% even as the broader market gained, suggesting near-term selling pressure and weaker relative performance. Sea stock performance report
• Negative Sentiment: Insider selling may be weighing on sentiment. COO Gang Ye sold 20,000 shares worth about $2.17 million, reducing his position by 11.1%, while Yanjun Wang sold 1,500 shares and has made multiple additional sales since late June. Sea insider sales
• Negative Sentiment: Sea’s latest reported quarter showed strong revenue growth of 46.6% year over year and revenue above expectations, but EPS of $0.67 missed the $0.75 consensus estimate. With a P/E near 42, investors may be sensitive to further earnings disappointments.

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.