SEA (NYSE:SE) President Zhimin Feng Sells 15,000 Shares

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) President Zhimin Feng sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $130.07, for a total transaction of $1,951,050.00. Following the completion of the sale, the president owned 285,000 shares of the company’s stock, valued at $37,069,950. This trade represents a 5.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

SEA Stock Performance

Shares of NYSE:SE opened at $123.02 on Friday. The company has a market capitalization of $75.17 billion, a price-to-earnings ratio of 47.50, a PEG ratio of 1.16 and a beta of 1.54. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $199.30. The firm’s 50-day moving average is $101.83 and its 200 day moving average is $96.73. The company has a current ratio of 1.58, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05.

SEA (NYSE:SEGet 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 the consensus estimate of $0.86 by ($0.16). SEA had a return on equity of 13.84% and a net margin of 5.98%.The business had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.12 billion. During the same quarter in the previous year, the company posted $0.65 earnings per share. The company’s quarterly revenue was up 48.3% compared to the same quarter last year. Research analysts predict that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Weiss Ratings raised shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday. TD Cowen dropped their target price on shares of SEA from $108.00 to $100.00 and set a “hold” rating on the stock in a research note on Tuesday, August 4th. Barclays raised their target price on shares of SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday. JPMorgan Chase & Co. lowered their price target on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $151.90.

View Our Latest Analysis on SE

Key Stories Impacting SEA

Here are the key news stories impacting SEA this week:

  • Positive Sentiment: Revenue growth exceeded expectations: Second-quarter revenue increased roughly 48% year over year to $7.79 billion, surpassing the $7.12 billion consensus estimate. Shopee, fintech platform Monee and gaming division Garena all posted double-digit growth. SE Q2 Earnings Miss Estimates as Costs Rise, Revenues Beat and Grew Year Over Year
  • Positive Sentiment: Shopee outlook remains intact: Management maintained its 25% gross merchandise value growth target and a goal of more than $1 billion in adjusted EBITDA, suggesting continued e-commerce momentum and potential profitability improvement. SE Q2 Earnings Call Keeps Shopee Growth Outlook Intact
  • Positive Sentiment: Benchmark raised its target: Benchmark increased its price objective from $140 to $175 and maintained a “buy” rating, indicating confidence in Sea’s longer-term growth prospects. Benchmark Forecasts Strong Price Appreciation for SEA Stock
  • Neutral Sentiment: Valuation remains elevated: Sea trades at approximately 47.5 times earnings, leaving the shares more sensitive to any signs that growth is not translating into faster profit expansion.
  • Negative Sentiment: Earnings missed estimates: Adjusted EPS was $0.70 versus the $0.86 consensus forecast. Higher operating expenses, investment spending and credit provisions pressured margins despite strong revenue growth. Zacks Research downgraded the stock from “hold” to “strong sell.”
  • Negative Sentiment: Broad insider selling creates an overhang: CEO Xiaodong Li sold approximately 1.06 million shares worth $137.3 million, reducing his position by 78.6%. The COO, CFO, president and other insiders also sold shares, including the COO’s latest 30,000-share sale. These transactions may reinforce concerns about valuation and near-term upside.

Institutional Investors Weigh In On SEA

Hedge funds have recently modified their holdings of the business. Flossbach Von Storch SE purchased a new position in SEA during the second quarter valued at approximately $1,725,000. Handelsbanken Fonder AB lifted its holdings in SEA by 18.8% during the second quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock worth $16,066,000 after buying an additional 26,498 shares during the period. Valeo Financial Advisors LLC bought a new stake in SEA during the 2nd quarter valued at $215,000. GAMMA Investing LLC increased its holdings 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 valued at $262,000 after acquiring an additional 170 shares during the period. Finally, Versant Capital Management Inc raised its position in shares of SEA by 195.7% in the 2nd quarter. Versant Capital Management Inc now owns 2,561 shares of the Internet company based in Singapore’s stock worth $245,000 after acquiring an additional 1,695 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

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.

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

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