Insider Selling: SEA (NYSE:SE) President Sells 8,423 Shares

Sea Limited Sponsored ADR (NYSE:SE) President Zhimin Feng sold 8,423 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $120.29, for a total value of $1,013,202.67. Following the completion of the sale, the president owned 231,577 shares of the company’s stock, valued at $27,856,397.33. This represents a 3.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Zhimin Feng also recently made the following trade(s):

• On Thursday, August 13th, Zhimin Feng sold 15,000 shares of SEA stock. The stock was sold at an average price of $124.00, for a total value of $1,860,000.00.
• On Tuesday, August 11th, Zhimin Feng sold 15,000 shares of SEA stock. The shares were sold at an average price of $130.07, for a total value of $1,951,050.00.

SEA Stock Performance

SE stock opened at $116.17 on Wednesday. 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 business has a 50-day moving average price of $103.86 and a 200 day moving average price of $96.58. The company has a market capitalization of $70.99 billion, a P/E ratio of 44.85, a PEG ratio of 1.10 and a beta of 1.54. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30.

SEA (NYSE:SE) last released its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). SEA had a return on equity of 13.54% and a net margin of 5.98%.The business had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.12 billion. During the same period last year, the company earned $0.65 earnings per share. The firm’s revenue was up 48.3% compared to the same quarter last year. As a group, equities research analysts forecast that Sea Limited Sponsored ADR will post 3.23 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in SEA during the 2nd quarter valued at about $12,410,000. Public Employees Retirement System of Ohio acquired a new stake in SEA in the second quarter worth about $37,527,000. Flossbach Von Storch SE purchased a new stake in shares of SEA during the second quarter worth about $1,725,000. Handelsbanken Fonder AB grew its stake in shares of SEA by 18.8% during the second quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock worth $16,066,000 after acquiring an additional 26,498 shares during the last quarter. Finally, Valeo Financial Advisors LLC acquired a new position in shares of SEA during the second quarter valued at about $215,000. 59.53% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Howard Marks’ Oaktree Capital disclosed a new Sea Limited position worth approximately $60.9 million. The investment may support investor confidence in Sea’s long-term growth potential after the stock’s recent decline. Howard Marks article
• Positive Sentiment: Sea’s latest quarterly revenue increased 48.3% year over year to $7.79 billion, exceeding analysts’ $7.12 billion estimate. The company’s digital entertainment, e-commerce and financial-services businesses continue to provide significant growth momentum.
• Neutral Sentiment: Analysts maintain a generally favorable view, with a “Moderate Buy” consensus and an average price target of $151.90. However, the stock’s valuation remains elevated at roughly 45 times earnings, leaving shares sensitive to earnings execution and growth expectations.
• Negative Sentiment: Sea reported quarterly earnings of $0.70 per share, missing the $0.86 consensus estimate. The earnings shortfall may be weighing on the stock despite the strong revenue performance.
• Negative Sentiment: Several senior executives sold shares recently: CEO Xiaodong Li sold approximately $2.38 million, COO Gang Ye sold $3.72 million, President Zhimin Feng sold $1.86 million, and other insiders sold additional shares. The broad-based selling, totaling more than $8 million in the reported transactions, can raise concerns about near-term valuation or insider expectations. Gang Ye insider sale Xiaodong Li insider sale

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Jefferies Financial Group reaffirmed a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. TD Cowen reiterated a “hold” rating on shares of SEA in a research note on Monday. Zacks Research cut shares of SEA from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Finally, Benchmark lifted their price objective on shares of SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, SEA currently has a consensus rating of “Moderate Buy” and an average price target of $151.90.

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.