SEA (NYSE:SE) Insider Jingye Chen Sells 800 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Jingye Chen sold 800 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $88.58, for a total value of $70,864.00. Following the completion of the sale, the insider directly owned 207,200 shares of the company’s stock, valued at $18,353,776. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Jingye Chen also recently made the following trade(s):

  • On Wednesday, May 13th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $94.62, for a total value of $75,696.00.
  • On Monday, May 11th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $83.74, for a total value of $66,992.00.
  • On Thursday, May 7th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $89.85, for a total value of $71,880.00.
  • On Tuesday, May 5th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $84.67, for a total value of $67,736.00.
  • On Friday, May 1st, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $86.14, for a total value of $68,912.00.
  • On Wednesday, April 29th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $83.31, for a total value of $66,648.00.
  • On Monday, April 27th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.93, for a total value of $68,744.00.
  • On Friday, April 24th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $84.58, for a total value of $67,664.00.
  • On Wednesday, April 22nd, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.99, for a total value of $68,792.00.
  • On Monday, April 20th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $89.56, for a total value of $71,648.00.

SEA Stock Up 0.0%

Shares of SE stock opened at $88.24 on Tuesday. The stock has a market cap of $53.91 billion, a P/E ratio of 34.74, a price-to-earnings-growth ratio of 0.90 and a beta of 1.57. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The stock has a fifty day moving average price of $85.60 and a 200 day moving average price of $112.29. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56.

SEA (NYSE:SEGet Free Report) last issued its earnings results 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 firm had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. SEA had a return on equity of 14.12% and a net margin of 6.41%.The firm’s revenue for the quarter was up 46.6% compared to the same quarter last year. During the same period last year, the business earned $0.65 earnings per share. Analysts predict that Sea Limited Sponsored ADR will post 3.39 earnings per share for the current year.

More SEA News

Here are the key news stories impacting SEA this week:

Analysts Set New Price Targets

A number of research analysts have issued reports on SE shares. Sanford C. Bernstein cut their price objective on SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, March 4th. Morgan Stanley set a $121.00 price objective on SEA and gave the company an “overweight” rating in a report on Friday, March 13th. Bank of America reissued a “buy” rating and set a $125.00 price objective on shares of SEA in a report on Monday, March 9th. JPMorgan Chase & Co. cut their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Finally, Weiss Ratings reissued 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, ten have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $158.41.

Get Our Latest Stock Report on SE

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Rothschild Investment LLC raised its holdings in shares of SEA by 114.0% in the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after buying an additional 106 shares during the last quarter. Zions Bancorporation National Association UT raised its holdings 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 during the last quarter. Holos Integrated Wealth LLC bought a new position in shares of SEA in the fourth quarter valued at about $44,000. Cullen Frost Bankers Inc. increased its position in SEA by 41.9% in the third quarter. Cullen Frost Bankers Inc. now owns 559 shares of the Internet company based in Singapore’s stock worth $100,000 after purchasing an additional 165 shares during the period. Finally, Hillsdale Investment Management Inc. increased its position in SEA by 44.4% in the third quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore’s stock worth $116,000 after purchasing an additional 200 shares during the period. 59.53% of the stock is owned by institutional investors.

About SEA

(Get Free Report)

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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Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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