SEA (NYSE:SE) Stock: Insider Feng Zhao Sells 30,000 Shares

Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Feng Zhao sold 30,000 shares of the business’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $80.22, for a total value of $2,406,600.00. Following the sale, the insider directly owned 63,580 shares of the company’s stock, valued at approximately $5,100,387.60. This trade represents a 32.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

  • On Thursday, October 1st, Feng Zhao sold 40,000 shares of SEA stock. The stock was sold at an average price of $95.02, for a total value of $3,800,800.00.
  • On Friday, August 28th, Feng Zhao sold 2,000 shares of SEA stock. The stock was sold at an average price of $120.07, for a total value of $240,140.00.
  • On Tuesday, August 25th, Feng Zhao sold 2,000 shares of SEA stock. The stock was sold at an average price of $120.03, for a total value of $240,060.00.
  • On Wednesday, August 19th, Feng Zhao sold 420 shares of SEA stock. The shares were sold at an average price of $120.02, for a total value 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 stock was sold at an average price of $124.04, for a total value 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

SE stock opened at $75.65 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. Sea Limited Sponsored ADR has a 1 year low of $71.53 and a 1 year high of $159.80. The firm has a market cap of $46.23 billion, a P/E ratio of 29.21, a price-to-earnings-growth ratio of 0.83 and a beta of 1.58. The stock has a 50-day simple moving average of $95.71 and a 200-day simple moving average of $98.05.

SEA (NYSE:SE – Get Free Report) last announced its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.16). The company had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The business’s quarterly revenue was up 48.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.65 earnings per share. On average, equities analysts predict that Sea Limited Sponsored ADR will post 2.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

SE has been the topic of a number of analyst reports. Royal Bank Of Canada upgraded shares of SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. New Street Research cut shares of SEA from a “buy” rating to a “neutral” rating and set a $70.00 target price on the stock. in a research report on Monday, October 26th. Morgan Stanley restated 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 reaffirmed an “outperform” rating on shares of SEA in a report on Monday, July 20th. Finally, Arete Research raised shares of SEA from a “neutral” rating to a “buy” rating and set a $152.00 price target on the stock in a research note on Monday, September 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $137.73.

Read Our Latest Research Report on SE

Institutional Trading of SEA

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Raiffeisen Bank International AG boosted its stake in SEA by 1.8% during the 2nd quarter. Raiffeisen Bank International AG now owns 6,405 shares of the Internet company based in Singapore’s stock valued at $595,000 after acquiring an additional 115 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich grew its holdings in SEA by 0.9% during the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 16,837 shares of the Internet company based in Singapore’s stock worth $1,659,000 after acquiring an additional 146 shares in the last quarter. Profund Advisors LLC increased its position in shares of SEA by 3.2% in the 3rd quarter. Profund Advisors LLC now owns 5,151 shares of the Internet company based in Singapore’s stock worth $502,000 after purchasing an additional 158 shares during the last quarter. GAMMA Investing LLC increased its position in shares of SEA by 6.6% in the 2nd quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore’s stock worth $262,000 after purchasing an additional 170 shares during the last quarter. Finally, Cornerstone Planning Group LLC increased its position in shares of SEA by 26.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after purchasing an additional 174 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.

SEA Company Profile

(Get Free Report)

Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.

Through Shopee, Sea’s e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.

SeaMoney is the company’s digital financial services division.

Recommended Stories

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

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.