Insider Selling: SEA (NYSE:SE) COO Sells $2,082,200.00 in Stock

Key Points

• SEA COO Gang Ye sold 20,000 shares at an average price of $104.11, generating $2.08 million and reducing his ownership by 3.04% to 638,792 shares.
• The sale is part of a broader series of insider disposals, with Ye selling shares repeatedly since August and other SEA insiders also recently reducing their holdings.
• SEA reported strong 48.3% year-over-year revenue growth to $7.79 billion, but quarterly EPS of $0.70 missed estimates of $0.86. Analysts maintain a “Moderate Buy” consensus with a $149.40 average price target, although the stock’s roughly 40-times earnings valuation presents risk.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) COO Gang Ye sold 20,000 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $104.11, for a total value of $2,082,200.00. Following the transaction, the chief operating officer owned 638,792 shares of the company's stock, valued at approximately $66,504,635.12. This trade represents a 3.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Monday, September 14th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $107.95, for a total transaction of $2,159,000.00.
• On Thursday, September 10th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $108.04, for a total transaction of $2,160,800.00.
• On Tuesday, September 8th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $112.73, for a total value of $2,254,600.00.
• On Thursday, September 3rd, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $113.33, for a total transaction of $2,266,600.00.
• On Tuesday, September 1st, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $113.29, for a total value of $2,265,800.00.
• On Friday, August 28th, Gang Ye sold 30,000 shares of SEA stock. The shares were sold at an average price of $119.82, for a total transaction of $3,594,600.00.
• On Thursday, August 27th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $117.50, for a total transaction of $2,350,000.00.
• On Tuesday, August 25th, Gang Ye sold 30,000 shares of SEA stock. The shares were sold at an average price of $119.96, for a total transaction of $3,598,800.00.
• On Monday, August 24th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $115.92, for a total transaction of $2,318,400.00.
• On Thursday, August 20th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $117.18, for a total value of $2,343,600.00.

SEA Price Performance

Shares of NYSE:SE opened at $103.72 on Thursday. The firm has a market cap of $63.38 billion, a price-to-earnings ratio of 40.05, a P/E/G ratio of 1.03 and a beta of 1.51. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $195.48. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. The business has a fifty day simple moving average of $112.14 and a 200 day simple moving average of $96.93.

SEA (NYSE:SE - Get Free Report) last issued its earnings results 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 firm 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 earnings per share. The business's revenue for the quarter was up 48.3% on a year-over-year basis. As a group, sell-side analysts predict that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

More SEA News

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Brokerages assign Sea a consensus “Moderate Buy” rating, with an average price target of $149.40—well above the recently cited share price near $103. Royal Bank of Canada upgraded the stock to “buy,” while Benchmark raised its target to $175.00. Sea Limited receives Moderate Buy rating
• Positive Sentiment: Institutional ownership stands at approximately 59.53%, and several investment firms increased their positions during the second quarter, including the National Pension Service and Baird Financial Group. This may provide a measure of institutional support for SE.
• Positive Sentiment: Sea’s most recent quarter showed strong revenue growth of 48.3% year over year to $7.79 billion, surpassing analyst expectations of $7.12 billion. The company also maintains a relatively conservative balance sheet, with debt-to-equity of just 0.07.
• Neutral Sentiment: Despite the growth outlook, Sea trades at an elevated valuation of roughly 40 times earnings. Analysts expect full-year earnings per share of about $2.91, leaving the stock vulnerable to volatility if growth or profitability disappoints.
• Negative Sentiment: Several insiders have recently sold shares. COO Gang Ye sold 20,000 shares for approximately $2.16 million, while Jingye Chen sold 60,000 shares across September 11 and 14 for about $6.46 million. Yanjun Wang also sold 1,500 shares for $162,480, reducing his ownership by 25.51%. The cluster of transactions may weigh on investor sentiment. SEA insider stock sales
• Negative Sentiment: Sea’s latest quarterly EPS of $0.70 missed the $0.86 consensus estimate, even though revenue exceeded expectations. The earnings shortfall is an important risk for a stock carrying a premium valuation.

Institutional Trading of SEA

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Cornerstone Planning Group LLC raised its stake 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 worth $70,000 after buying an additional 174 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in shares of SEA by 102.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore's stock valued at $144,000 after purchasing an additional 573 shares in the last quarter. Independence Bank of Kentucky grew its position in shares of SEA by 611.1% in the 2nd quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore's stock valued at $123,000 after purchasing an additional 1,100 shares during the period. Osbon Capital Management LLC bought a new stake in SEA during the 4th quarter worth approximately $175,000. Finally, HB Wealth Management LLC acquired a new stake in SEA during the 2nd quarter worth approximately $203,000. 59.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on SE shares. Benchmark increased their price objective on SEA from $140.00 to $175.00 and gave the stock a "buy" rating in a report on Wednesday, August 12th. Zacks Research lowered SEA from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 11th. TD Cowen reaffirmed a "hold" rating on shares of SEA in a research report on Monday, August 17th. Arete Research set a $152.00 target price on SEA and gave the company a "buy" rating in a report on Monday, September 7th. Finally, Royal Bank Of Canada upgraded SEA from a "sector perform" rating to a "buy" rating in a report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, 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.

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