Gang Ye Sells 20,000 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) COO Gang Ye sold 20,000 shares of the stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $106.76, for a total transaction of $2,135,200.00. Following the sale, the chief operating officer owned 120,000 shares of the company’s stock, valued at approximately $12,811,200. This represents a 14.29% 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.

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

  • On Wednesday, July 29th, Gang Ye sold 20,000 shares of SEA stock. The stock was 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 value 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.
  • On Friday, July 24th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $99.91, for a total value of $1,998,200.00.
  • On Monday, July 13th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $112.62, for a total value of $2,252,400.00.
  • On Friday, July 10th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $113.94, for a total value of $2,278,800.00.
  • On Wednesday, July 8th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $103.00, for a total value of $2,060,000.00.
  • On Monday, July 6th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $104.41, for a total value of $2,088,200.00.
  • On Wednesday, July 1st, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $100.89, for a total transaction of $2,017,800.00.

SEA Stock Performance

NYSE:SE opened at $111.53 on Wednesday. The company has a quick ratio of 1.56, a current ratio of 1.58 and a debt-to-equity ratio of 0.05. The firm’s fifty day simple moving average is $98.01 and its 200 day simple moving average is $96.87. The stock has a market cap of $68.15 billion, a P/E ratio of 43.91, a price-to-earnings-growth ratio of 1.07 and a beta of 1.54. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $199.30.

SEA (NYSE:SEGet Free Report) last issued 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). SEA had a return on equity of 14.12% and a net margin of 6.41%.The company had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. During the same quarter last year, the company posted $0.65 earnings per share. The firm’s revenue for the quarter was up 46.6% compared to the same quarter last year. As a group, research analysts predict that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

Analyst Upgrades and Downgrades

SE has been the subject of several research analyst reports. Jefferies Financial Group restated a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a report on Monday, July 20th. Barclays increased their target price on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. TD Cowen lowered their target price on SEA from $108.00 to $100.00 and set a “hold” rating for the company in a research note on Tuesday. Finally, Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $154.81.

Get Our Latest Stock Report on SE

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Zions Bancorporation National Association UT grew its holdings in 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 worth $39,000 after purchasing an additional 259 shares during the period. Cornerstone Planning Group LLC lifted its holdings in shares of SEA by 26.5% during the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after purchasing an additional 174 shares during the last quarter. Cullen Frost Bankers Inc. lifted its holdings in shares of 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 valued at $144,000 after purchasing an additional 573 shares during the last quarter. Osbon Capital Management LLC bought a new stake in shares of SEA in the 4th quarter worth approximately $175,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of SEA by 43.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the Internet company based in Singapore’s stock worth $206,000 after purchasing an additional 751 shares in the last quarter. 59.53% of the stock is owned by hedge funds and other 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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