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 SEA stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $91.57, for a total value of $915,700.00. Following the completion of the transaction, the chief operating officer owned 70,000 shares of the company’s stock, valued at approximately $6,409,900. The trade was a 12.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Monday, June 15th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $87.26, for a total transaction of $872,600.00.
• On Friday, June 12th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $83.76, for a total transaction of $837,600.00.
• On Wednesday, June 10th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $82.51, for a total value of $825,100.00.
• On Monday, June 8th, Gang Ye sold 10,000 shares of SEA stock. The stock was 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 transaction 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 stock was sold at an average price of $92.02, for a total transaction of $920,200.00.
• On Tuesday, May 26th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $89.47, for a total transaction of $894,700.00.
• On Friday, May 22nd, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $87.85, for a total value of $878,500.00.

SEA Trading Up 0.2%

NYSE:SE opened at $91.42 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The business’s 50-day simple moving average is $88.04 and its 200-day simple moving average is $102.97. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The stock has a market capitalization of $55.86 billion, a PE ratio of 35.99, a price-to-earnings-growth ratio of 0.95 and a beta of 1.57.

SEA (NYSE:SE) last posted its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.08). The company had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. The company’s revenue was up 46.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.65 earnings per share. Sell-side analysts expect that Sea Limited Sponsored ADR will post 3.33 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SE. Rothschild Investment LLC raised its stake in shares of SEA by 114.0% during the 3rd 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 in the last quarter. Zions Bancorporation National Association UT grew its stake in shares of SEA by 539.6% in the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock valued at $39,000 after buying an additional 259 shares in the last quarter. Holos Integrated Wealth LLC bought a new position in shares of SEA in the fourth quarter valued at $44,000. Hillsdale Investment Management Inc. increased its holdings 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 buying an additional 200 shares during the last quarter. Finally, Cornerstone Planning Group LLC increased its holdings in SEA by 461.5% during the fourth quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore’s stock worth $83,000 after buying an additional 540 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on SE shares. JPMorgan Chase & Co. reduced their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Sanford C. Bernstein cut their target price on SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 4th. Morgan Stanley set a $121.00 price target on SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. TD Cowen raised their price target on shares of SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research note on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.