Gang Ye Sells 10,000 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SE) COO Gang Ye sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $82.51, for a total value of $825,100.00. Following the completion of the sale, the chief operating officer directly owned 120,000 shares in the company, valued at approximately $9,901,200. This represents a 7.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, June 8th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $84.33, for a total value of $843,300.00.
• On Friday, June 5th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $87.21, for a total value of $872,100.00.
• On Wednesday, June 3rd, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $90.47, for a total value of $904,700.00.
• On Monday, June 1st, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $96.16, for a total value of $961,600.00.
• On Thursday, May 28th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $92.02, for a total value of $920,200.00.
• On Tuesday, May 26th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $89.47, for a total value of $894,700.00.
• On Friday, May 22nd, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $87.85, for a total value of $878,500.00.
• On Wednesday, May 20th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $86.35, for a total value of $863,500.00.
• On Monday, May 18th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $88.11, for a total value of $881,100.00.
• On Friday, May 15th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $88.60, for a total value of $886,000.00.

SEA Stock Down 3.4%

SE stock opened at $82.76 on Friday. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $199.30. The company has a market cap of $50.57 billion, a PE ratio of 32.58, a price-to-earnings-growth ratio of 0.87 and a beta of 1.57. The business’s 50-day simple moving average is $87.36 and its 200 day simple moving average is $104.60. 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 (NYSE:SE) last released its 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). SEA had a return on equity of 14.12% and a net margin of 6.41%.The firm had revenue of $7.10 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same period last year, the business earned $0.65 earnings per share. The firm’s quarterly revenue was up 46.6% compared to the same quarter last year. On average, research analysts anticipate that Sea Limited Sponsored ADR will post 3.33 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SE. Rothschild Investment LLC lifted its stake in SEA by 114.0% during the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after purchasing an additional 106 shares during the period. Zions Bancorporation National Association UT lifted its stake in SEA by 539.6% during the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after purchasing an additional 259 shares during the period. Holos Integrated Wealth LLC bought a new position in SEA during the fourth quarter worth about $44,000. Cornerstone Planning Group LLC lifted its stake in SEA by 26.5% during the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after purchasing an additional 174 shares during the period. Finally, Hillsdale Investment Management Inc. lifted its stake in SEA by 44.4% during the third quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore’s stock worth $116,000 after purchasing an additional 200 shares during the period. Institutional investors own 59.53% of the company’s stock.

Analysts Set New Price Targets

SE has been the topic of a number of recent research reports. Bank of America reissued a “buy” rating and set a $125.00 target price on shares of SEA in a research report on Monday, March 9th. Barclays lifted their target price on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. TD Cowen lifted their target price on SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research report on Wednesday, May 13th. Zacks Research raised SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Finally, JPMorgan Chase & Co. decreased their target price on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. 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’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.