SEA (NYSE:SE) Insider Sells $240,060.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Feng Zhao sold 2,000 shares of SEA stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $120.03, for a total value of $240,060.00. Following the sale, the insider directly owned 137,580 shares in the company, valued at $16,513,727.40. The trade was a 1.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Feng Zhao also recently made the following trade(s):

Get SEA alerts:

• On Wednesday, August 19th, Feng Zhao sold 420 shares of SEA stock. The stock was sold at an average price of $120.02, for a total transaction of $50,408.40.
• On Monday, August 17th, Feng Zhao sold 2,000 shares of SEA stock. The stock was sold at an average price of $120.16, for a total value of $240,320.00.
• On Thursday, August 13th, Feng Zhao sold 2,000 shares of SEA stock. The shares were sold at an average price of $124.04, for a total transaction of $248,080.00.
• On Tuesday, August 11th, Feng Zhao sold 2,000 shares of SEA stock. The stock was sold at an average price of $128.26, for a total value of $256,520.00.

SEA Price Performance

SEA stock opened at $119.19 on Thursday. The business’s fifty day moving average is $107.81 and its two-hundred day moving average is $96.85. 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 $72.83 billion, a P/E ratio of 46.02, a P/E/G ratio of 1.23 and a beta of 1.54. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $199.30.

SEA (NYSE:SE – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). The company had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The business’s revenue for the quarter was up 48.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.65 EPS. Equities research analysts forecast that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SE. Woodline Partners LP acquired a new position in SEA during the first quarter worth $4,028,000. BI Asset Management Fondsmaeglerselskab A S grew its position in shares of SEA by 248.7% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore’s stock valued at $6,268,000 after purchasing an additional 27,953 shares during the last quarter. Captrust Financial Advisors lifted its holdings in SEA by 4.2% during 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 during the last quarter. State of Tennessee Department of Treasury boosted its stake in 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 valued at $86,880,000 after purchasing an additional 27,964 shares during the period. Finally, Morse Asset Management Inc increased its position in SEA by 21.1% during 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 buying an additional 2,121 shares during the period. 59.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on SE shares. Zacks Research lowered SEA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Morgan Stanley reaffirmed an “overweight” rating and issued a $153.00 target price on shares of SEA in a research note on Thursday, August 13th. Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a research report on Monday, July 20th. Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Finally, TD Cowen reaffirmed a “hold” rating on shares of SEA in a report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $151.90.

Read Our Latest Stock Report on SE

SEA Company Profile

(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.

Featured Articles

• Five stocks we like better than SEA
• Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
• Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
• Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
• Can Tesla’s Flying Roadster Distract From Its Real Risks?

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.