Tianyu Hou Sells 15,000 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SE) CFO Tianyu Hou sold 15,000 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $101.62, for a total value of $1,524,300.00. Following the completion of the sale, the chief financial officer owned 5,000 shares in the company, valued at approximately $508,100. The trade was a 75.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Monday, August 17th, Tianyu Hou sold 20,000 shares of SEA stock. The shares were 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.
• On Wednesday, July 1st, Tianyu Hou sold 5,000 shares of SEA stock. The stock was sold at an average price of $100.09, for a total value of $500,450.00.

SEA Stock Up 1.0%

NYSE:SE opened at $103.71 on Wednesday. The company has a market cap of $63.37 billion, a price-to-earnings ratio of 40.04, a price-to-earnings-growth ratio of 1.03 and a beta of 1.51. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $193.48. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. The stock has a fifty day simple moving average of $111.51 and a 200-day simple moving average of $97.07.

SEA (NYSE:SE) last posted its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 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 return on equity of 13.54% and a net margin of 5.98%.The company’s revenue for the quarter was up 48.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.65 earnings per share. Analysts anticipate that Sea Limited Sponsored ADR will post 2.91 EPS for the current year.

Hedge Funds Weigh In On SEA

Large investors have recently made changes to their positions in the business. MCF Advisors LLC lifted its holdings in shares of SEA by 129.6% during the 2nd quarter. MCF Advisors LLC now owns 5,168 shares of the Internet company based in Singapore’s stock valued at $495,000 after purchasing an additional 2,917 shares during the last quarter. Whetstone Capital Advisors LLC purchased a new position in SEA during the 2nd quarter worth $8,191,000. National Pension Service grew its stake in SEA by 10.0% during the 2nd quarter. National Pension Service now owns 605,437 shares of the Internet company based in Singapore’s stock worth $58,019,000 after buying an additional 54,819 shares during the last quarter. C WorldWide Group Holding A S increased its position in SEA by 2.6% during the 2nd quarter. C WorldWide Group Holding A S now owns 198,560 shares of the Internet company based in Singapore’s stock valued at $19,028,000 after buying an additional 4,953 shares in the last quarter. Finally, Baird Financial Group Inc. increased its position in SEA by 6.2% during the 2nd quarter. Baird Financial Group Inc. now owns 879,107 shares of the Internet company based in Singapore’s stock valued at $84,245,000 after buying an additional 50,965 shares in the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on SE. Barclays upped their target price on shares of SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. TD Cowen reissued a “hold” rating on shares of SEA in a research note on Monday, August 17th. Morgan Stanley reaffirmed an “overweight” rating and set a $153.00 target price on shares of SEA in a research report on Thursday, August 13th. Finally, Royal Bank Of Canada raised SEA from a “sector perform” rating to a “buy” rating in a research report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, SEA currently has a consensus rating of “Moderate Buy” and a consensus price target of $149.40.

SEA Company Profile

Sea Limited (NYSE: SE) is a Singapore-based global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.

Garena, Sea’s digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.

Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.