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

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) COO Gang Ye sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $86.78, for a total value of $867,800.00. Following the transaction, the chief operating officer directly owned 340,000 shares of the company’s stock, valued at $29,505,200. The trade was a 2.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Monday, May 11th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $83.67, for a total value of $836,700.00.
  • On Wednesday, May 6th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $88.39, for a total value of $883,900.00.
  • On Monday, May 4th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $85.75, for a total value of $857,500.00.
  • On Friday, May 1st, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $86.14, for a total value of $861,400.00.
  • On Wednesday, April 29th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $83.32, for a total value of $833,200.00.
  • On Monday, April 27th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $85.92, for a total value of $859,200.00.
  • On Friday, April 24th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $84.57, for a total value of $845,700.00.
  • On Wednesday, April 22nd, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $85.99, for a total value of $859,900.00.
  • On Monday, April 20th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $89.56, for a total value of $895,600.00.
  • On Friday, April 17th, Gang Ye sold 10,000 shares of SEA stock. The shares were sold at an average price of $92.15, for a total value of $921,500.00.

SEA Stock Up 13.3%

SE stock opened at $96.14 on Wednesday. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The company has a market capitalization of $58.74 billion, a price-to-earnings ratio of 38.15, a price-to-earnings-growth ratio of 0.87 and a beta of 1.57. The business’s 50 day moving average price is $85.97 and its two-hundred day moving average price is $114.20. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.57 and a current ratio of 1.58.

SEA (NYSE:SEGet Free Report) last announced its earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.08). SEA had a return on equity of 15.20% and a net margin of 6.93%.The firm had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. During the same period in the prior year, the company posted $0.65 EPS. The firm’s revenue was up 46.6% on a year-over-year basis. As a group, analysts forecast that Sea Limited Sponsored ADR will post 3.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Andra AP fonden increased its position in SEA by 69.8% during the 1st quarter. Andra AP fonden now owns 60,100 shares of the Internet company based in Singapore’s stock valued at $4,977,000 after buying an additional 24,700 shares in the last quarter. Parallel Advisors LLC increased its position in SEA by 8.5% during the 1st quarter. Parallel Advisors LLC now owns 6,045 shares of the Internet company based in Singapore’s stock valued at $501,000 after buying an additional 474 shares in the last quarter. Cornerstone Planning Group LLC increased its position in SEA by 26.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after buying an additional 174 shares in the last quarter. Equitable Trust Co. increased its position in SEA by 30.9% during the 1st quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock valued at $15,532,000 after buying an additional 44,252 shares in the last quarter. Finally, Capstone Capital Management Ltd bought a new position in SEA during the 1st quarter valued at approximately $1,612,000. Institutional investors own 59.53% of the company’s stock.

Key SEA News

Here are the key news stories impacting SEA this week:

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. Bank of America reissued a “buy” rating and issued a $125.00 target price on shares of SEA in a research report on Monday, March 9th. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research report on Tuesday. Barclays decreased their target price on SEA from $226.00 to $120.00 and set an “overweight” rating for the company in a research report on Thursday, March 5th. Finally, Sanford C. Bernstein decreased their target price 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 analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $161.66.

Get Our Latest Report on SEA

About SEA

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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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