Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) COO Gang Ye sold 10,000 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $92.02, for a total value of $920,200.00. Following the completion of the sale, the chief operating officer directly owned 210,000 shares of the company’s stock, valued at $19,324,200. The trade was a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Gang Ye also recently made the following trade(s):
- On Tuesday, May 26th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $89.47, for a total value of $894,700.00.
- On Friday, May 22nd, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $87.85, for a total value of $878,500.00.
- On Wednesday, May 20th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $86.35, for a total transaction of $863,500.00.
- On Monday, May 18th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $88.11, for a total transaction of $881,100.00.
- On Friday, May 15th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $88.60, for a total value of $886,000.00.
- On Wednesday, May 13th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $94.61, for a total value of $946,100.00.
- On Friday, May 8th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $86.78, for a total value of $867,800.00.
- On Monday, May 11th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $83.67, for a total value of $836,700.00.
- On Wednesday, May 6th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $88.39, for a total value of $883,900.00.
- On Monday, May 4th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $85.75, for a total value of $857,500.00.
SEA Stock Down 1.5%
SE stock opened at $92.01 on Friday. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The business has a fifty day moving average price of $85.73 and a 200-day moving average price of $108.54. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The stock has a market capitalization of $56.22 billion, a P/E ratio of 36.23, a P/E/G ratio of 0.96 and a beta of 1.57.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the company. Morgan Stanley set a $121.00 price target on SEA and gave the stock an “overweight” rating in a research note on Friday, March 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. JPMorgan Chase & Co. decreased their target price on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Sanford C. Bernstein reduced their price target on SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a report on Wednesday, March 4th. Finally, Barclays increased their price objective on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $155.54.
Institutional Trading of SEA
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rothschild Investment LLC lifted its position in SEA by 114.0% during the 3rd quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after acquiring an additional 106 shares during the period. Zions Bancorporation National Association UT lifted its position in SEA by 539.6% during the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after acquiring an additional 259 shares during the period. Holos Integrated Wealth LLC acquired a new stake in SEA during the 4th quarter worth about $44,000. Cullen Frost Bankers Inc. lifted its position in SEA by 41.9% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 559 shares of the Internet company based in Singapore’s stock worth $100,000 after acquiring an additional 165 shares during the period. Finally, Hillsdale Investment Management Inc. lifted its holdings in shares of SEA by 44.4% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore’s stock valued at $116,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 59.53% of the company’s stock.
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.
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