Insider Selling: SEA (NYSE:SE) COO Sells 10,000 Shares of Stock

Key Points

• COO Gang Ye sold 10,000 SE shares on May 1 at an average price of $86.14 for $861,400, leaving him with 200,000 shares valued at $17.228 million; the transaction was disclosed in an SEC filing.
• The sale is part of a broader insider selling pattern: Ye sold 11 separate 10,000-share blocks between April 8 and May 1, totaling 110,000 shares for roughly $9.53 million, signaling a meaningful reduction in his holdings.
• Company context: Sea recently missed EPS estimates ($0.63 vs. $0.91) but beat revenue ($6.85B vs. $6.42B) with 38.4% YoY revenue growth; analysts have a consensus "Moderate Buy" rating and an average price target of $161.66.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) COO Gang Ye sold 10,000 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $86.14, for a total value of $861,400.00. Following the completion of the sale, the chief operating officer owned 200,000 shares of the company's stock, valued at $17,228,000. This trade represents a 4.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, April 29th, Gang Ye sold 10,000 shares of SEA stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $92.15, for a total value of $921,500.00.
• On Wednesday, April 15th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $88.88, for a total value of $888,800.00.
• On Monday, April 13th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $84.39, for a total value of $843,900.00.
• On Friday, April 10th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $85.73, for a total value of $857,300.00.
• On Wednesday, April 8th, Gang Ye sold 10,000 shares of SEA stock. The stock was sold at an average price of $86.71, for a total value of $867,100.00.

SEA Price Performance

NYSE:SE opened at $86.20 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.57 and a current ratio of 1.58. The company has a market cap of $52.67 billion, a PE ratio of 34.21, a PEG ratio of 0.90 and a beta of 1.57. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The stock has a 50-day simple moving average of $88.49 and a 200 day simple moving average of $117.32.

SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings data on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.91 by ($0.28). The firm had revenue of $6.85 billion for the quarter, compared to the consensus estimate of $6.42 billion. SEA had a return on equity of 15.20% and a net margin of 6.93%.The firm's quarterly revenue was up 38.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 earnings per share. On average, sell-side analysts expect that Sea Limited Sponsored ADR will post 3.32 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SE. Fred Alger Management LLC grew its stake in SEA by 22.1% in the third quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore's stock valued at $515,894,000 after purchasing an additional 521,782 shares in the last quarter. Charles Lim Capital Ltd lifted its position in shares of SEA by 172.7% in the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore's stock valued at $95,678,000 after buying an additional 475,000 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of SEA by 24.4% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore's stock valued at $228,549,000 after buying an additional 350,840 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of SEA in the fourth quarter valued at approximately $26,282,000. Finally, State of Tennessee Department of Treasury lifted its position in shares of SEA by 32.4% in the fourth quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore's stock valued at $83,750,000 after buying an additional 175,746 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SE shares. Barclays decreased their price objective on SEA from $226.00 to $120.00 and set an "overweight" rating for the company in a report on Thursday, March 5th. Weiss Ratings reiterated a "hold (c-)" rating on shares of SEA in a report on Friday, March 27th. Morgan Stanley set a $121.00 price objective on SEA and gave the stock an "overweight" rating in a report on Friday, March 13th. JPMorgan Chase & Co. decreased their price target on SEA from $170.00 to $168.00 and set an "overweight" rating for the company in a research note on Monday, April 20th. Finally, Jefferies Financial Group restated a "buy" rating and issued a $150.00 price target on shares of SEA in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $161.66.

About SEA

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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