Sea Limited Sponsored ADR (NYSE:SE) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: Sea Limited has a consensus rating of "Moderate Buy" from 15 analysts, with an average 12‑month price target of $166.83 (10 buys, 1 strong buy, 3 holds, 1 sell).
• Insider selling: Insiders have sold 330,840 shares (~$28.31M) in the past three months, including Director David Ma (163,469 shares at $87.02) and COO Gang Ye, leaving insiders with just 0.22% ownership.
• Quarterly results: Sea reported revenue of $6.85B (up 38.4% YoY) but missed EPS estimates—$0.63 vs $0.91 consensus—and the stock trades with a market cap of about $50.9B and a P/E of 34.3.

Shares of Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) have earned a consensus rating of "Moderate Buy" from the fifteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $166.8250.

Several research analysts have weighed in on the company. Jefferies Financial Group reiterated a "buy" rating and set a $150.00 target price on shares of SEA in a report on Tuesday, March 3rd. Weiss Ratings reiterated a "hold (c-)" rating on shares of SEA in a report on Friday, March 27th. Barclays reduced their target price on SEA from $226.00 to $120.00 and set an "overweight" rating on the stock in a report on Thursday, March 5th. Bank of America restated a "buy" rating and issued a $125.00 price target on shares of SEA in a report on Monday, March 9th. Finally, Morgan Stanley set a $121.00 price target on SEA and gave the company an "overweight" rating in a report on Friday, March 13th.

Insider Buying and Selling

In other SEA news, Director David Y. Ma sold 163,469 shares of the business's stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $87.02, for a total transaction of $14,225,072.38. Following the transaction, the director owned 1,289,923 shares of the company's stock, valued at $112,249,099.46. The trade was a 11.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Gang Ye sold 10,000 shares of the business's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $85.17, for a total value of $851,700.00. Following the transaction, the chief operating officer directly owned 80,000 shares in the company, valued at approximately $6,813,600. This trade represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 330,840 shares of company stock worth $28,311,963. Company insiders own 0.22% of the company's stock.

Hedge Funds Weigh In On SEA

Institutional investors have recently bought and sold shares of the business. Salomon & Ludwin LLC increased its position in SEA by 2,860.0% during the third quarter. Salomon & Ludwin LLC now owns 148 shares of the Internet company based in Singapore's stock worth $27,000 after buying an additional 143 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of SEA in the third quarter valued at approximately $29,000. Rothschild Investment LLC grew its position in shares of SEA by 114.0% in the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore's stock valued at $36,000 after purchasing an additional 106 shares during the last quarter. Zions Bancorporation National Association UT grew its position in shares of SEA by 539.6% in the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore's stock valued at $39,000 after purchasing an additional 259 shares during the last quarter. Finally, Holos Integrated Wealth LLC acquired a new position in shares of SEA in the fourth quarter valued at approximately $44,000. Institutional investors and hedge funds own 59.53% of the company's stock.

SEA Trading Up 0.6%

SE stock opened at $86.42 on Tuesday. The business has a fifty day moving average price of $94.46 and a 200 day moving average price of $126.30. SEA has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The stock has a market capitalization of $50.91 billion, a price-to-earnings ratio of 34.29, a P/E/G ratio of 0.79 and a beta of 1.69. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.57.

SEA (NYSE:SE - Get Free Report) last released its earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.28). SEA had a net margin of 6.93% and a return on equity of 15.20%. The firm had revenue of $6.85 billion during the quarter, compared to analyst estimates of $6.42 billion. During the same period last year, the business posted $0.39 earnings per share. The firm's quarterly revenue was up 38.4% on a year-over-year basis. Analysts expect that SEA will post 0.74 EPS for the current fiscal year.

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.

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