SEA (NYSE:SE) Insider Sells $248,080.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Feng Zhao sold 2,000 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $124.04, for a total value of $248,080.00. Following the completion of the transaction, the insider owned 144,000 shares in the company, valued at $17,861,760. This trade represents a 1.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, August 17th, Feng Zhao sold 2,000 shares of SEA stock. The stock was sold at an average price of $120.16, for a total value of $240,320.00.
• On Tuesday, August 11th, Feng Zhao sold 2,000 shares of SEA stock. The stock was sold at an average price of $128.26, for a total value of $256,520.00.

SEA Stock Up 2.6%

Shares of SEA stock opened at $119.26 on Thursday. The firm has a market cap of $72.87 billion, a price-to-earnings ratio of 46.05, a P/E/G ratio of 1.05 and a beta of 1.54. The stock has a 50-day simple moving average of $104.59 and a 200-day simple moving average of $96.56. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48.

SEA (NYSE:SE) last issued its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.16). The business had revenue of $7.79 billion for 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%. SEA’s revenue was up 48.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.65 EPS. On average, equities research analysts expect that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SEA

Several hedge funds and other institutional investors have recently made changes to their positions in SE. Capstone Capital Management Ltd acquired a new position in shares of SEA during the 1st quarter worth about $1,612,000. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in SEA by 24.4% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock valued at $228,549,000 after buying an additional 350,840 shares during the last quarter. Ramirez Asset Management Inc. acquired a new stake in SEA in the 4th quarter valued at approximately $3,560,000. Equitable Trust Co. increased its position in SEA by 30.9% in the 1st quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock worth $15,532,000 after buying an additional 44,252 shares during the period. Finally, Charles Lim Capital Ltd increased its position in SEA by 172.7% in the 4th quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock worth $95,678,000 after buying an additional 475,000 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on SE shares. JPMorgan Chase & Co. reduced their price objective on shares of SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Sanford C. Bernstein restated an “outperform” rating on shares of SEA in a report on Monday, July 20th. Morgan Stanley reaffirmed an “overweight” rating and issued a $153.00 price target on shares of SEA in a research report on Thursday, August 13th. Benchmark upped their price target on SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $151.90.

Key SEA News

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Howard Marks’ Oaktree Capital disclosed a new position in Sea worth approximately $60.9 million. The investment could reinforce confidence in Sea’s long-term growth prospects following the stock’s decline from its 52-week high. Howard Marks investment article
• Positive Sentiment: Sea’s latest quarterly revenue rose 48.3% year over year to $7.79 billion, surpassing the $7.12 billion analyst consensus. The company’s e-commerce, digital entertainment and financial-services businesses continue to deliver substantial top-line growth.
• Positive Sentiment: Analyst sentiment remains broadly favorable. Sea has a “Moderate Buy” consensus rating and an average price target of $151.90, while Benchmark recently raised its target to $175. Sea growth model article
• Neutral Sentiment: Sea’s valuation remains demanding at roughly 45 times earnings, making the stock highly dependent on continued growth and improving profitability. Its shares are trading above both the 50-day and 200-day moving averages, indicating positive momentum but also increased sensitivity to disappointing news.
• Negative Sentiment: Quarterly EPS was $0.70, below the $0.86 consensus estimate. Although revenue beat expectations, the earnings shortfall may temper enthusiasm and raise questions about margin performance.
• Negative Sentiment: Multiple executives and directors recently sold shares. COO Gang Ye disposed of 50,000 shares for approximately $5.9 million, while the CFO, president, director Chen Seng Heng and other insiders also reduced their holdings. The breadth of the selling may concern investors about near-term valuation, even though insiders retained sizable positions. Gang Ye share sale article SEA insider selling report

About SEA

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.