Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) COO Gang Ye sold 10,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $87.26, for a total value of $872,600.00. Following the transaction, the chief operating officer owned 90,000 shares in the company, valued at approximately $7,853,400. This trade represents a 10.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Gang Ye also recently made the following trade(s):
- On Friday, June 12th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $83.76, for a total value of $837,600.00.
- On Wednesday, June 10th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $82.51, for a total value of $825,100.00.
- On Monday, June 8th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $84.33, for a total value of $843,300.00.
- On Friday, June 5th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $87.21, for a total value of $872,100.00.
- On Wednesday, June 3rd, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $90.47, for a total value of $904,700.00.
- On Monday, June 1st, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $96.16, for a total value of $961,600.00.
- On Thursday, May 28th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $92.02, for a total value of $920,200.00.
- On Tuesday, May 26th, Gang Ye sold 10,000 shares of SEA stock. The shares were 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 shares were sold at an average price of $86.35, for a total value of $863,500.00.
SEA Trading Up 4.2%
Shares of SE stock opened at $86.44 on Tuesday. The stock’s fifty day moving average price is $87.45 and its two-hundred day moving average price is $104.03. The company has a market cap of $52.82 billion, a PE ratio of 34.03, a P/E/G ratio of 0.87 and a beta of 1.57. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.58.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on SE shares. Morgan Stanley set a $121.00 target price on SEA and gave the company an “overweight” rating in a report on Friday, March 13th. Bank of America reaffirmed a “buy” rating and issued a $125.00 target price on shares of SEA in a report on Monday, March 9th. Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. JPMorgan Chase & Co. reduced their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Finally, Barclays boosted their price objective on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $155.54.
Get Our Latest Research Report on SEA
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rothschild Investment LLC lifted its holdings 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 buying an additional 106 shares during the period. Zions Bancorporation National Association UT lifted its holdings 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 buying an additional 259 shares during the period. Holos Integrated Wealth LLC acquired a new position in SEA during the 4th quarter worth about $44,000. Hillsdale Investment Management Inc. lifted its holdings in SEA by 44.4% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore’s stock worth $116,000 after buying an additional 200 shares during the period. Finally, Cornerstone Planning Group LLC lifted its stake in shares of SEA by 461.5% in the 4th quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore’s stock valued at $83,000 after purchasing an additional 540 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.
About SEA
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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