SEA (NYSE:SE) CFO Tianyu Hou Sells 15,000 Shares

Sea Limited Sponsored ADR (NYSE:SE) CFO Tianyu Hou sold 15,000 shares of SEA stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $101.62, for a total value of $1,524,300.00. Following the completion of the sale, the chief financial officer directly owned 5,000 shares in the company, valued at $508,100. This represents a 75.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Tianyu Hou also recently made the following trade(s):

• On Monday, August 17th, Tianyu Hou sold 20,000 shares of SEA stock. The shares were sold at an average price of $119.96, for a total value of $2,399,200.00.
• On Tuesday, August 11th, Tianyu Hou sold 5,000 shares of SEA stock. The stock was sold at an average price of $128.28, for a total value of $641,400.00.
• On Wednesday, July 1st, Tianyu Hou sold 5,000 shares of SEA stock. The stock was sold at an average price of $100.09, for a total value of $500,450.00.

SEA Stock Up 0.7%

NYSE:SE opened at $102.55 on Tuesday. The stock has a 50-day simple moving average of $111.63 and a 200 day simple moving average of $96.96. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $195.48. The company has a market cap of $62.66 billion, a PE ratio of 39.59, a PEG ratio of 1.02 and a beta of 1.51. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49.

SEA (NYSE:SE) last released its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.16). SEA had a net margin of 5.98% and a return on equity of 13.54%. The firm had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter in the previous year, the firm posted $0.65 EPS. The company’s revenue was up 48.3% on a year-over-year basis. On average, sell-side analysts expect that Sea Limited Sponsored ADR will post 2.91 EPS for the current fiscal year.

Institutional Investors Weigh In On SEA

Several large investors have recently made changes to their positions in SE. Carrhae Capital LLP acquired a new stake in SEA in the second quarter valued at $140,501,000. Charles Lim Capital Ltd increased its stake in shares of SEA by 172.7% during the 4th quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock worth $95,678,000 after purchasing an additional 475,000 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of SEA in the 2nd quarter valued at about $37,527,000. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of SEA in the 2nd quarter valued at about $12,410,000. Finally, Nykredit A S acquired a new stake in SEA in the 2nd quarter valued at about $9,542,000. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analysts Set New Price Targets

SE has been the topic of a number of research reports. Arete Research set a $152.00 price objective on shares of SEA and gave the stock a “buy” rating in a research report on Monday, September 7th. Benchmark lifted their price target on shares of SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Barclays boosted their price target on shares of SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Royal Bank Of Canada upgraded shares of SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. Finally, Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $149.40.

SEA Company Profile

Sea Limited (NYSE: SE) is a Singapore-based global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.

Garena, Sea’s digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.

Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.