SEA (NYSE:SE) Insider Sells $66,384.00 in Stock

Key Points

• Insider sale: Jingye Chen sold 800 SEA shares on April 6 at $82.98 under a Rule 10b5-1 plan, a $66,384 transaction that trimmed their holding to 230,400 shares (about $19.12M), a 0.35% decrease.
• Pattern of disposals: Chen made multiple recent sales (four other 800-share trades in March–April), totaling 4,000 shares sold at prices roughly between $80.11 and $82.98.
• Company and analyst snapshot: SEA reported Q4 EPS of $0.63 (miss vs. $0.91 est.) with revenue $6.85B (+38.4% YoY); the stock trades near $81.46 with a ~$48B market cap and a consensus "Moderate Buy" price target of $166.83.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Jingye Chen sold 800 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $82.98, for a total transaction of $66,384.00. Following the completion of the sale, the insider directly owned 230,400 shares in the company, valued at approximately $19,118,592. The trade was a 0.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jingye Chen also recently made the following trade(s):

• On Wednesday, April 1st, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $82.66, for a total transaction of $66,128.00.
• On Wednesday, March 25th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $81.87, for a total transaction of $65,496.00.
• On Monday, March 23rd, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $80.11, for a total transaction of $64,088.00.
• On Thursday, March 19th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $80.97, for a total transaction of $64,776.00.

SEA Trading Down 1.0%

Shares of SEA stock opened at $81.46 on Wednesday. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30. The company has a market cap of $47.99 billion, a price-to-earnings ratio of 32.33, a PEG ratio of 0.76 and a beta of 1.69. The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04. The company's 50-day moving average price is $97.16 and its 200-day moving average price is $129.17.

SEA (NYSE:SE - Get Free Report) last announced its quarterly 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). SEA had a return on equity of 15.20% and a net margin of 6.93%.The firm had revenue of $6.85 billion during the quarter, compared to analysts' expectations of $6.42 billion. During the same period in the previous year, the company posted $0.39 earnings per share. The company's quarterly revenue was up 38.4% compared to the same quarter last year. On average, equities analysts expect that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SEA

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Lingohr Asset Management GmbH grew its position in SEA by 219.4% during the third quarter. Lingohr Asset Management GmbH now owns 12,700 shares of the Internet company based in Singapore's stock valued at $2,270,000 after acquiring an additional 8,724 shares during the last quarter. Andra AP fonden grew its position in SEA by 7.0% during the third quarter. Andra AP fonden now owns 144,300 shares of the Internet company based in Singapore's stock valued at $25,791,000 after acquiring an additional 9,400 shares during the last quarter. Fred Alger Management LLC grew its position in SEA by 22.1% during 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 acquiring an additional 521,782 shares during the last quarter. BNP Paribas grew its position in SEA by 34.9% during the second quarter. BNP Paribas now owns 28,907 shares of the Internet company based in Singapore's stock valued at $4,624,000 after acquiring an additional 7,480 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd grew its position in SEA by 11.5% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,440,820 shares of the Internet company based in Singapore's stock valued at $257,414,000 after acquiring an additional 148,621 shares during the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on SE. Bank of America reaffirmed a "buy" rating and issued a $125.00 target price on shares of SEA in a research note on Monday, March 9th. Sanford C. Bernstein lowered their target price on shares of SEA from $170.00 to $150.00 and set an "outperform" rating on the stock in a research note on Wednesday, March 4th. Zacks Research downgraded shares of SEA from a "hold" rating to a "strong sell" rating in a research note on Wednesday, December 10th. Barclays lowered their target price on shares of SEA from $226.00 to $120.00 and set an "overweight" rating on the stock in a research note on Thursday, March 5th. Finally, Morgan Stanley set a $121.00 target price on shares of SEA and gave the company an "overweight" rating in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $166.83.

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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