Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) Director Chen Seng Heng sold 20,000 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $122.31, for a total transaction of $2,446,200.00. Following the completion of the transaction, the director owned 164,904 shares in the company, valued at approximately $20,169,408.24. The trade was a 10.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
SEA Price Performance
Shares of NYSE:SE opened at $119.53 on Tuesday. The firm’s 50 day moving average is $103.23 and its two-hundred day moving average is $96.65. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $199.30. The firm has a market capitalization of $73.04 billion, a P/E ratio of 46.15, a PEG ratio of 1.10 and a beta of 1.54. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07.
SEA (NYSE:SE – Get Free Report) last posted its quarterly earnings data 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 13.54% and a net margin of 5.98%.The company had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same period in the previous year, the company earned $0.65 EPS. The business’s revenue for the quarter was up 48.3% compared to the same quarter last year. Analysts anticipate that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current year.
Hedge Funds Weigh In On SEA
SEA News Roundup
Here are the key news stories impacting SEA this week:
- Positive Sentiment: Analysts maintain a broadly favorable view of Sea Limited, with a consensus “Moderate Buy” rating and an average price target of $151.90, implying substantial potential upside from recent trading levels. MarketBeat analyst data
- Positive Sentiment: Sea’s latest quarterly revenue increased 48.3% year over year to $7.79 billion, exceeding analysts’ expectations of $7.12 billion. Institutional investors also increased holdings during the second quarter, suggesting continued professional interest in the company. MarketBeat company data
- Neutral Sentiment: The company reported quarterly EPS of $0.70, below the $0.86 consensus estimate. The earnings miss was partly offset by the substantial revenue beat and strong year-over-year growth, leaving investors focused on whether profitability can keep pace with expansion.
- Negative Sentiment: CEO Xiaodong Li sold 19,230 shares for approximately $2.38 million, reducing his stake by 6.67%. COO Gang Ye sold 30,000 shares worth about $3.72 million, cutting his ownership by 7.5%. CEO sale report COO sale report
- Negative Sentiment: President Zhimin Feng sold 15,000 shares for $1.86 million, while insiders Feng Zhao and Yanjun Wang also sold shares. Wang’s latest 1,500-share sale reduced his direct ownership by 27.27%; his repeated sales since late July make the broader insider selling more notable. Insider trading report
Wall Street Analyst Weigh In
SE has been the topic of a number of research analyst reports. TD Cowen reaffirmed a “hold” rating on shares of SEA in a research report on Monday. Benchmark lifted their price objective on SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Morgan Stanley reaffirmed an “overweight” rating and issued a $153.00 target price on shares of SEA in a research report on Thursday. Barclays boosted their price target on SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $151.90.
Check Out Our Latest Analysis on SE
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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