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

Key Points

• SEA COO Gang Ye sold 30,000 shares at an average price of $119.82, generating approximately $3.59 million. The sale reduced his direct ownership by 9.12% to 298,792 shares.
• Ye has conducted numerous SEA stock sales since August 10, selling more than 250,000 shares in total over the period. Other executives have also recently sold shares, potentially creating a near-term sentiment overhang.
• SEA reported strong revenue growth of 48.3% year over year to $7.79 billion, beating estimates, but earnings per share of $0.70 missed expectations of $0.86. Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $151.90.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) COO Gang Ye sold 30,000 shares of the business's stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $119.82, for a total value of $3,594,600.00. Following the completion of the sale, the chief operating officer directly owned 298,792 shares of the company's stock, valued at $35,801,257.44. The trade was a 9.12% decrease in their ownership of the stock. The transaction 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 Thursday, August 27th, Gang Ye sold 20,000 shares of SEA stock. The shares were 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 stock was 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 value of $2,318,400.00.
• On Thursday, August 20th, Gang Ye sold 20,000 shares of SEA stock. The stock was sold at an average price of $117.18, for a total value of $2,343,600.00.
• On Wednesday, August 19th, Gang Ye sold 21,208 shares of SEA stock. The stock was sold at an average price of $117.98, for a total transaction of $2,502,119.84.
• On Tuesday, August 18th, Gang Ye sold 20,000 shares of SEA stock. The shares were sold at an average price of $116.64, for a total transaction of $2,332,800.00.
• On Monday, August 17th, Gang Ye sold 30,000 shares of SEA stock. The stock was sold at an average price of $120.08, for a total transaction of $3,602,400.00.
• 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 transaction 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 transaction 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.

SEA Stock Performance

Shares of SE stock opened at $119.48 on Monday. 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 stock has a 50 day simple moving average of $108.91 and a 200-day simple moving average of $96.99. The company has a market cap of $73.01 billion, a price-to-earnings ratio of 46.13, a price-to-earnings-growth ratio of 1.20 and a beta of 1.54. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30.

SEA (NYSE:SE - Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing analysts' consensus estimates of $0.86 by ($0.16). SEA had a return on equity of 13.54% and a net margin of 5.98%.The business had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period in the prior year, the company earned $0.65 EPS. The company's revenue was up 48.3% on a year-over-year basis. On average, equities analysts forecast that Sea Limited Sponsored ADR will post 2.91 EPS for the current year.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Analysts remain broadly constructive on SE. The stock has a consensus “Moderate Buy” rating and an average price target of $151.90. Benchmark raised its target to $175 and maintained a Buy rating, while JPMorgan retained its Overweight rating with a $163 target. Sea analyst ratings
• Positive Sentiment: Institutional ownership remains high at approximately 59.5%, and several investors increased their positions during the second quarter. Continued institutional participation may provide support for the stock. Sea institutional ownership
• Neutral Sentiment: Sea’s latest quarter showed substantial operating growth: revenue rose 48.3% year over year to $7.79 billion, exceeding the $7.12 billion consensus estimate. Still, earnings per share of $0.70 fell short of analysts’ $0.86 forecast, indicating that profitability remains a concern despite strong top-line momentum.
• Negative Sentiment: Multiple executives sold shares on August 25–26. CEO Xiaodong Li sold 57,690 shares for approximately $7.05 million, COO Gang Ye sold 30,000 shares for about $3.60 million, and President Zhimin Feng sold a combined 18,872 shares for roughly $2.30 million. Additional sales by insiders Feng Zhao and Yanjun Wang brought the total above 110,000 shares. The transactions were disclosed in SEC filings and may create a near-term sentiment overhang. Sea insider filing
• Negative Sentiment: Yanjun Wang has repeatedly sold 1,500 shares every few trading days since early August, including another sale on August 26 at $119.81. These trades may reflect scheduled diversification, but their frequency adds to investor caution.

Analyst Upgrades and Downgrades

SE has been the topic of several research reports. Benchmark upped their target price on SEA from $140.00 to $175.00 and gave the company a "buy" rating in a report on Wednesday, August 12th. Sanford C. Bernstein reiterated an "outperform" rating on shares of SEA in a research report on Monday, July 20th. Jefferies Financial Group reissued a "buy" rating on shares of SEA in a research note on Tuesday, May 12th. Weiss Ratings upgraded shares of SEA from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, August 12th. Finally, Zacks Research cut shares of SEA from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, SEA presently has an average rating of "Moderate Buy" and an average target price of $151.90.

Hedge Funds Weigh In On SEA

A number of institutional investors have recently made changes to their positions in SE. Corient Private Wealth LP increased its position in SEA by 61.4% during the 2nd quarter. Corient Private Wealth LP now owns 26,534 shares of the Internet company based in Singapore's stock worth $2,543,000 after purchasing an additional 10,099 shares in the last quarter. Wellington Grp LLC lifted its holdings in SEA by 123.6% in the 2nd quarter. Wellington Grp LLC now owns 6,825 shares of the Internet company based in Singapore's stock valued at $654,000 after purchasing an additional 3,773 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of SEA by 9,247.9% during the 2nd quarter. California State Teachers Retirement System now owns 39,677,932 shares of the Internet company based in Singapore's stock worth $3,802,336,000 after purchasing an additional 39,253,472 shares during the last quarter. Ameritas Advisory Services LLC boosted its stake in shares of SEA by 25.1% during the 2nd quarter. Ameritas Advisory Services LLC now owns 3,253 shares of the Internet company based in Singapore's stock worth $312,000 after purchasing an additional 652 shares during the last quarter. Finally, HB Wealth Management LLC purchased a new stake in shares of SEA during the second quarter worth about $203,000. 59.53% of the stock is owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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