Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Jingye Chen sold 800 shares of the business’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $89.56, for a total transaction of $71,648.00. Following the transaction, the insider directly owned 222,400 shares of the company’s stock, valued at $19,918,144. The trade was a 0.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Jingye Chen also recently made the following trade(s):
- On Friday, April 17th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $92.07, for a total transaction of $73,656.00.
- On Wednesday, April 15th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $88.89, for a total transaction of $71,112.00.
- On Monday, April 13th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $85.75, for a total transaction of $68,600.00.
- On Friday, April 10th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $85.74, for a total transaction of $68,592.00.
- On Wednesday, April 8th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $86.62, for a total transaction of $69,296.00.
- On Monday, April 6th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $82.98, for a total transaction of $66,384.00.
- On Wednesday, April 1st, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $82.66, for a total transaction of $66,128.00.
- On Wednesday, March 25th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $81.87, for a total transaction of $65,496.00.
- On Monday, March 23rd, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $80.11, for a total transaction of $64,088.00.
- On Thursday, March 19th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $80.97, for a total transaction of $64,776.00.
SEA Trading Down 2.9%
SEA stock opened at $86.77 on Wednesday. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The firm has a market capitalization of $51.12 billion, a price-to-earnings ratio of 34.43, a PEG ratio of 0.90 and a beta of 1.69. The firm has a 50-day moving average price of $92.06 and a two-hundred day moving average price of $122.34. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 0.04.
More SEA News
Here are the key news stories impacting SEA this week:
- Positive Sentiment: JPMorgan slightly trimmed its price target from $170 to $168 but kept an “Overweight” rating, leaving a large implied upside vs. the current price — a constructive analyst view that can support buying interest. Read More.
- Positive Sentiment: Several institutional investors have been increasing positions (e.g., Fred Alger, Oversea Chinese Bank, SG Americas, Charles Lim, Tennessee Dept. of Treasury), signaling continued institutional support and offsetting some selling pressure from insiders. Read More.
- Neutral Sentiment: An Alger Mid Cap investor letter noted fund underperformance and trading activity in Q1 — comments like this can prompt rebalancing by active managers but don’t directly change Sea’s fundamentals. Read More.
- Negative Sentiment: Material insider selling was disclosed this week and is the clearest near-term negative: Director David Y. Ma sold large blocks (114,094 on Apr 16 and 145,072 on Apr 17 — ~259k shares total), COO Gang Ye sold 10,000 shares, and other insiders (including Jingye Chen and Yanjun Wang) sold multiple tranches at ~ $90–$92. The size/timing of these sales can create selling pressure and raise short-term confidence concerns. Read More.
Institutional Trading of SEA
A number of hedge funds and other institutional investors have recently made changes to their positions in SE. Woodline Partners LP bought a new stake in shares of SEA in the 1st quarter worth approximately $4,028,000. BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of SEA by 248.7% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore’s stock worth $6,268,000 after purchasing an additional 27,953 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of SEA by 4.2% in the 2nd quarter. Captrust Financial Advisors now owns 27,188 shares of the Internet company based in Singapore’s stock worth $4,348,000 after purchasing an additional 1,084 shares in the last quarter. State of Tennessee Department of Treasury raised its holdings in shares of SEA by 5.4% in the 2nd quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore’s stock worth $86,880,000 after purchasing an additional 27,964 shares in the last quarter. Finally, Morse Asset Management Inc raised its holdings in shares of SEA by 21.1% in the 2nd quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore’s stock worth $1,946,000 after purchasing an additional 2,121 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
SE has been the topic of a number of recent analyst reports. Morgan Stanley set a $121.00 price target on shares of SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. Sanford C. Bernstein dropped their price target on shares of SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. Weiss Ratings restated a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. Barclays dropped their price target on shares of SEA from $226.00 to $120.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Finally, Bank of America restated a “buy” rating and set a $125.00 price target on shares of SEA in a research report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $161.66.
Read Our Latest Research Report on SE
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.
Further Reading
Receive News & Ratings for SEA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEA and related companies with MarketBeat.com's FREE daily email newsletter.
