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

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) COO Gang Ye sold 10,000 shares of SEA stock in a transaction on Monday, May 4th. The shares were sold at an average price of $85.75, for a total value of $857,500.00. Following the completion of the sale, the chief operating officer directly owned 190,000 shares of the company's stock, valued at $16,292,500. The trade was a 5.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• 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.
• On Wednesday, April 15th, Gang Ye sold 10,000 shares of SEA stock. The shares were 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 shares were 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 shares were sold at an average price of $85.73, for a total value of $857,300.00.

SEA Trading Down 1.1%

NYSE:SE opened at $84.44 on Wednesday. The firm has a market cap of $51.59 billion, a PE ratio of 33.51, a price-to-earnings-growth ratio of 0.89 and a beta of 1.57. The stock has a fifty day moving average price of $87.88 and a 200 day moving average price of $116.77. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30. The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04.

SEA (NYSE:SE - Get Free Report) last released its earnings results 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 company had revenue of $6.85 billion during the quarter, compared to analysts' expectations of $6.42 billion. SEA had a net margin of 6.93% and a return on equity of 15.20%. The company's revenue for the quarter was up 38.4% on a year-over-year basis. During the same quarter last year, the business posted $0.39 earnings per share. Sell-side analysts anticipate that Sea Limited Sponsored ADR will post 3.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SE has been the subject of a number of recent research reports. Barclays decreased their target price on SEA from $226.00 to $120.00 and set an "overweight" rating for the company in a report on Thursday, March 5th. Morgan Stanley set a $121.00 target price on SEA and gave the company an "overweight" rating in a report on Friday, March 13th. Weiss Ratings reiterated a "hold (c-)" rating on shares of SEA in a report on Friday, March 27th. Bank of America reiterated a "buy" rating and issued a $125.00 target price on shares of SEA in a report on Monday, March 9th. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a $150.00 target price on shares of SEA in a report on Tuesday, March 3rd. One investment 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 given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $161.66.

Institutional Trading of SEA

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Fred Alger Management LLC increased its holdings in shares of SEA by 22.1% during the 3rd quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore's stock worth $515,894,000 after buying an additional 521,782 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of SEA by 24.4% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore's stock worth $228,549,000 after buying an additional 350,840 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of SEA by 5.7% during the 1st quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore's stock worth $135,999,000 after buying an additional 88,431 shares during the last quarter. Charles Lim Capital Ltd increased its holdings in shares of SEA by 172.7% during the 4th quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore's stock worth $95,678,000 after buying an additional 475,000 shares during the last quarter. Finally, State of Tennessee Department of Treasury increased its holdings in shares of SEA by 32.4% during the 4th quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore's stock worth $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 and hedge funds.

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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