Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) COO Gang Ye sold 30,000 shares of the firm’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $124.06, for a total value of $3,721,800.00. Following the completion of the sale, the chief operating officer owned 370,000 shares of the company’s stock, valued at approximately $45,902,200. This represents a 7.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Gang Ye also recently made the following trade(s):
- On Tuesday, August 11th, Gang Ye sold 30,000 shares of SEA stock. The stock was sold at an average price of $129.35, for a total value of $3,880,500.00.
- On Monday, August 10th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $114.59, for a total value of $2,291,800.00.
- On Friday, August 7th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $113.17, for a total transaction of $2,263,400.00.
- On Wednesday, August 5th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $113.62, for a total transaction of $2,272,400.00.
- On Monday, August 3rd, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $109.65, for a total transaction of $2,193,000.00.
- On Friday, July 31st, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $106.76, for a total value of $2,135,200.00.
- On Wednesday, July 29th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $108.41, for a total value of $2,168,200.00.
- On Wednesday, July 22nd, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $105.20, for a total transaction of $2,104,000.00.
- On Monday, July 20th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $106.62, for a total value of $2,132,400.00.
- On Monday, July 27th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $103.69, for a total value of $2,073,800.00.
SEA Price Performance
SE opened at $116.17 on Wednesday. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The firm has a 50-day moving average of $103.86 and a 200 day moving average of $96.58. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. The firm has a market cap of $70.99 billion, a P/E ratio of 44.85, a PEG ratio of 1.10 and a beta of 1.54.
Key Stories Impacting 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
Several analysts have weighed in on the company. TD Cowen reaffirmed a “hold” rating on shares of SEA in a report on Monday. Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a report on Monday, July 20th. Jefferies Financial Group restated a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. Zacks Research downgraded shares of SEA from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Finally, Benchmark lifted their target price on shares of SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, SEA currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.90.
Get Our Latest Stock Analysis on SE
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Capstone Capital Management Ltd purchased a new position in shares of SEA in the first quarter valued at about $1,612,000. OVERSEA CHINESE BANKING Corp Ltd raised its stake in shares of SEA by 24.4% during the fourth 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 acquiring an additional 350,840 shares during the last quarter. Ramirez Asset Management Inc. purchased a new stake in shares of SEA during the fourth quarter worth about $3,560,000. Equitable Trust Co. boosted its holdings in shares of SEA by 30.9% during the first quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock worth $15,532,000 after purchasing an additional 44,252 shares during the period. Finally, Charles Lim Capital Ltd grew its stake in shares of SEA by 172.7% in the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock worth $95,678,000 after purchasing an additional 475,000 shares during the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.
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.
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