Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) COO Gang Ye sold 20,000 shares of the business’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $104.11, for a total transaction of $2,082,200.00. Following the sale, the chief operating officer directly owned 638,792 shares in the company, valued at $66,504,635.12. This trade represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Gang Ye also recently made the following trade(s):
- On Monday, September 14th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $107.95, for a total transaction of $2,159,000.00.
- On Thursday, September 10th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $108.04, for a total value of $2,160,800.00.
- On Tuesday, September 8th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $112.73, for a total value of $2,254,600.00.
- On Thursday, September 3rd, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $113.33, for a total transaction of $2,266,600.00.
- On Tuesday, September 1st, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $113.29, for a total transaction of $2,265,800.00.
- On Friday, August 28th, Gang Ye sold 30,000 shares of SEA stock. The stock was sold at an average price of $119.82, for a total value of $3,594,600.00.
- On Thursday, August 27th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $117.50, for a total value of $2,350,000.00.
- On Tuesday, August 25th, Gang Ye sold 30,000 shares of SEA stock. The shares were sold at an average price of $119.96, for a total transaction of $3,598,800.00.
- On Monday, August 24th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $115.92, for a total transaction of $2,318,400.00.
- On Thursday, August 20th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $117.18, for a total value of $2,343,600.00.
SEA Trading Up 1.0%
SE opened at $103.72 on Thursday. The company’s 50 day moving average is $112.14 and its 200-day moving average is $96.93. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $195.48. 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 company has a market cap of $63.38 billion, a P/E ratio of 40.05, a PEG ratio of 1.03 and a beta of 1.51.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on SE shares. 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. Arete Research set a $152.00 price objective on shares of SEA and gave the company a “buy” rating in a research note on Monday, September 7th. Royal Bank Of Canada upgraded SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. Morgan Stanley reaffirmed an “overweight” rating and set a $153.00 price target on shares of SEA in a research report on Thursday, August 13th. Finally, Weiss Ratings raised SEA from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $149.40.
View Our Latest Stock Analysis on SE
Key Stories Impacting SEA
Here are the key news stories impacting SEA this week:
- Positive Sentiment: Brokerages assign Sea a consensus “Moderate Buy” rating, with an average price target of $149.40—well above the recently cited share price near $103. Royal Bank of Canada upgraded the stock to “buy,” while Benchmark raised its target to $175.00. Sea Limited receives Moderate Buy rating
- Positive Sentiment: Institutional ownership stands at approximately 59.53%, and several investment firms increased their positions during the second quarter, including the National Pension Service and Baird Financial Group. This may provide a measure of institutional support for SE.
- Positive Sentiment: Sea’s most recent quarter showed strong revenue growth of 48.3% year over year to $7.79 billion, surpassing analyst expectations of $7.12 billion. The company also maintains a relatively conservative balance sheet, with debt-to-equity of just 0.07.
- Neutral Sentiment: Despite the growth outlook, Sea trades at an elevated valuation of roughly 40 times earnings. Analysts expect full-year earnings per share of about $2.91, leaving the stock vulnerable to volatility if growth or profitability disappoints.
- Negative Sentiment: Several insiders have recently sold shares. COO Gang Ye sold 20,000 shares for approximately $2.16 million, while Jingye Chen sold 60,000 shares across September 11 and 14 for about $6.46 million. Yanjun Wang also sold 1,500 shares for $162,480, reducing his ownership by 25.51%. The cluster of transactions may weigh on investor sentiment. SEA insider stock sales
- Negative Sentiment: Sea’s latest quarterly EPS of $0.70 missed the $0.86 consensus estimate, even though revenue exceeded expectations. The earnings shortfall is an important risk for a stock carrying a premium valuation.
Hedge Funds Weigh In On SEA
Several institutional investors have recently bought and sold shares of the company. Cornerstone Planning Group LLC lifted its position in shares of SEA by 26.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after buying an additional 174 shares during the last quarter. Cullen Frost Bankers Inc. boosted its position in SEA by 102.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock worth $144,000 after purchasing an additional 573 shares during the period. Independence Bank of Kentucky boosted its position in SEA by 611.1% during the second quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore’s stock worth $123,000 after purchasing an additional 1,100 shares during the period. Osbon Capital Management LLC purchased a new position in shares of SEA in the fourth quarter worth about $175,000. Finally, HB Wealth Management LLC bought a new stake in shares of SEA in the second quarter valued at approximately $203,000. Hedge funds and other institutional investors own 59.53% of the company’s stock.
About SEA
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.
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