SEA (NYSE:SE) COO Gang Ye Sells 30,000 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) COO Gang Ye sold 30,000 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $120.08, for a total transaction of $3,602,400.00. Following the sale, the chief operating officer directly owned 310,000 shares in the company, valued at $37,224,800. This trade represents a 8.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Gang Ye also recently made the following trade(s):

  • On Tuesday, August 18th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $116.64, for a total value of $2,332,800.00.
  • On Thursday, August 13th, Gang Ye sold 30,000 shares of SEA stock. The stock was sold at an average price of $124.06, for a total value of $3,721,800.00.
  • On Tuesday, August 11th, Gang Ye sold 30,000 shares of SEA stock. The shares were sold at an average price of $129.35, for a total value of $3,880,500.00.
  • On Monday, August 10th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $114.59, for a total value of $2,291,800.00.
  • On Friday, August 7th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $113.17, for a total value of $2,263,400.00.
  • On Wednesday, August 5th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $113.62, for a total value of $2,272,400.00.
  • On Monday, August 3rd, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $109.65, for a total value of $2,193,000.00.
  • On Friday, July 31st, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $106.76, for a total value of $2,135,200.00.
  • On Wednesday, July 29th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $108.41, for a total value of $2,168,200.00.
  • On Wednesday, July 22nd, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $105.20, for a total value of $2,104,000.00.

SEA Stock Performance

Shares of SE stock opened at $116.17 on Wednesday. The firm has a 50 day moving average of $103.86 and a 200-day moving average of $96.58. The company has a market cap of $70.99 billion, a price-to-earnings ratio of 44.85, a price-to-earnings-growth ratio of 1.10 and a beta of 1.54. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.07. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $199.30.

SEA (NYSE:SEGet Free Report) last released its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). The company had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The firm’s revenue was up 48.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.65 EPS. On average, equities analysts forecast that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current year.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

  • Positive Sentiment: Howard Marks’ Oaktree Capital disclosed a new Sea Limited position worth approximately $60.9 million. The investment may support investor confidence in Sea’s long-term growth potential after the stock’s recent decline. Howard Marks article
  • Positive Sentiment: Sea’s latest quarterly revenue increased 48.3% year over year to $7.79 billion, exceeding analysts’ $7.12 billion estimate. The company’s digital entertainment, e-commerce and financial-services businesses continue to provide significant growth momentum.
  • Neutral Sentiment: Analysts maintain a generally favorable view, with a “Moderate Buy” consensus and an average price target of $151.90. However, the stock’s valuation remains elevated at roughly 45 times earnings, leaving shares sensitive to earnings execution and growth expectations.
  • Negative Sentiment: Sea reported quarterly earnings of $0.70 per share, missing the $0.86 consensus estimate. The earnings shortfall may be weighing on the stock despite the strong revenue performance.
  • Negative Sentiment: Several senior executives sold shares recently: CEO Xiaodong Li sold approximately $2.38 million, COO Gang Ye sold $3.72 million, President Zhimin Feng sold $1.86 million, and other insiders sold additional shares. The broad-based selling, totaling more than $8 million in the reported transactions, can raise concerns about near-term valuation or insider expectations. Gang Ye insider sale Xiaodong Li insider sale

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SE. Charles Lim Capital Ltd grew its position in SEA by 172.7% during the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock valued at $95,678,000 after acquiring an additional 475,000 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in SEA in the second quarter valued at approximately $37,527,000. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in SEA by 24.4% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock worth $228,549,000 after acquiring an additional 350,840 shares during the last quarter. PFA Pension Forsikringsaktieselskab purchased a new stake in shares of SEA during the fourth quarter worth about $26,282,000. Finally, State of Tennessee Department of Treasury raised its position in SEA by 32.4% during the 4th quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore’s stock valued at $83,750,000 after purchasing an additional 175,746 shares during the last quarter. 59.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on SE. Weiss Ratings raised shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Barclays boosted their target price on SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. dropped their price target on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $153.00 price objective on shares of SEA in a research note on Thursday, August 13th. One research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, SEA currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.90.

Get Our Latest Analysis on SE

About SEA

(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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