SEA (NYSE:SE) CFO Tianyu Hou Sells 10,000 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SE) CFO Tianyu Hou sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, October 19th. The shares were sold at an average price of $89.03, for a total value of $890,300.00. Following the transaction, the chief financial officer directly owned 35,000 shares of the company’s stock, valued at $3,116,050. This trade represents a 22.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Tianyu Hou also recently made the following trade(s):

• On Thursday, September 17th, Tianyu Hou sold 15,000 shares of SEA stock. The stock was sold at an average price of $101.62, for a total value of $1,524,300.00.
• On Monday, August 17th, Tianyu Hou sold 20,000 shares of SEA stock. The stock was sold at an average price of $119.96, for a total value of $2,399,200.00.
• On Tuesday, August 11th, Tianyu Hou sold 5,000 shares of SEA stock. The shares were sold at an average price of $128.28, for a total value of $641,400.00.

SEA Price Performance

Shares of SE opened at $77.89 on Thursday. Sea Limited Sponsored ADR has a 12 month low of $75.99 and a 12 month high of $164.03. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48. The stock has a fifty day moving average price of $105.15 and a 200 day moving average price of $98.63. The company has a market cap of $47.59 billion, a P/E ratio of 30.07, a PEG ratio of 0.82 and a beta of 1.54.

SEA (NYSE:SE) last posted its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). The company had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The business’s quarterly revenue was up 48.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.65 earnings per share. On average, research analysts forecast that Sea Limited Sponsored ADR will post 2.91 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. Carrhae Capital LLP bought a new stake in shares of SEA during the 2nd quarter worth $140,501,000. Public Employees Retirement System of Ohio acquired a new stake in shares of SEA during the second quarter worth $37,527,000. Assenagon Asset Management S.A. raised its position in shares of SEA by 80.6% during the third quarter. Assenagon Asset Management S.A. now owns 563,692 shares of the Internet company based in Singapore’s stock worth $54,881,000 after purchasing an additional 251,517 shares during the period. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of SEA during the second quarter valued at $12,410,000. Finally, Ninety One North America Inc. purchased a new stake in shares of SEA during the third quarter valued at $9,734,000. Institutional investors own 59.53% of the company’s stock.

Wall Street Analyst Weigh In

SE has been the topic of several recent analyst reports. Royal Bank Of Canada raised SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. TD Cowen reaffirmed a “hold” rating on shares of SEA in a research note on Monday, August 17th. Barclays increased their price objective on shares of SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Arete Research set a $152.00 price objective on shares of SEA and gave the company a “buy” rating in a research note on Monday, September 7th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $149.40.

Key SEA News

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Sea is preparing to launch Sea Cloud, an AI-focused enterprise platform built on the infrastructure supporting Shopee, Garena and Monee. The initiative could create a new growth opportunity by commercializing the company’s technology capabilities. Sea Stock Trades Down, Here Is Why
• Positive Sentiment: Sea is considering an initial public offering or potential spin-off of its digital financial-services division, Monee. A separate listing could highlight the unit’s value, provide funding for expansion and give investors greater transparency into the business. Sea CEO Says Monee Could Go Public
• Neutral Sentiment: Investor attention toward Sea has increased, with Zacks highlighting the stock as a trending name. However, the report does not identify a definitive new earnings or valuation catalyst. Is Trending Stock Sea a Buy Now?
• Neutral Sentiment: Unusually active options trading included purchases of 11,763 call contracts, above typical daily volume. This may indicate speculative bullish interest, but it does not necessarily translate into sustained buying of the shares.
• Negative Sentiment: The proposed Sea Cloud launch and possible Monee IPO appear to have raised concerns about management focus, added investment requirements and execution risk. Investors may also be uncertain about the timing and valuation of any Monee transaction. Sea Stock Trades Down, Here Is Why
• Negative Sentiment: Insider selling added pressure: CFO Tianyu Hou sold 10,000 shares for approximately $890,300, reducing his holdings by 22.2%. Director Yanjun Wang also sold a combined 1,800 shares in two transactions. While these sales may be planned, repeated insider selling can weaken investor confidence. SEC Insider Filing

SEA Company Profile

Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.

Through Shopee, Sea’s e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.

SeaMoney is the company’s digital financial services division.