SEA (NYSE:SE) COO Gang Ye Sells 10,000 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SE) COO Gang Ye sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $92.63, for a total transaction of $926,300.00. Following the sale, the chief operating officer owned 570,000 shares of the company’s stock, valued at $52,799,100. The trade was a 1.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Friday, June 26th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $89.58, for a total value of $895,800.00.
• On Wednesday, June 24th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $92.80, for a total transaction of $928,000.00.
• On Monday, June 22nd, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $89.70, for a total transaction of $897,000.00.
• On Wednesday, June 17th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $91.57, for a total value of $915,700.00.
• On Monday, June 15th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $87.26, for a total transaction of $872,600.00.
• 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 transaction 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 shares were sold at an average price of $84.33, for a total transaction 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.

SEA Trading Up 6.8%

Shares of SE stock opened at $102.33 on Thursday. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $199.30. The company has a quick ratio of 1.56, a current ratio of 1.58 and a debt-to-equity ratio of 0.05. The business’s 50 day moving average is $88.84 and its two-hundred day moving average is $100.60. The company has a market cap of $62.52 billion, a PE ratio of 40.29, a price-to-earnings-growth ratio of 1.00 and a beta of 1.55.

SEA (NYSE:SE) last released its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.08). The firm had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. The company’s revenue for the quarter was up 46.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 EPS. Equities analysts predict that Sea Limited Sponsored ADR will post 3.33 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on SE shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Barclays raised their target price on SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. JPMorgan Chase & Co. cut 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, Sanford C. Bernstein reduced their price objective on SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a research report on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $155.54.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SE. Zions Bancorporation National Association UT grew its position in SEA by 539.6% during the fourth 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 in the last quarter. Holos Integrated Wealth LLC bought a new stake in shares of SEA in the 4th quarter worth approximately $44,000. Cornerstone Planning Group LLC lifted its position in shares of SEA by 26.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after acquiring an additional 174 shares during the period. Cullen Frost Bankers Inc. lifted its position in SEA by 102.5% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock worth $144,000 after purchasing an additional 573 shares during the period. Finally, Osbon Capital Management LLC bought a new stake in SEA in the fourth quarter valued at about $175,000. 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.