SEA (NYSE:SE) Insider Sells $68,600.00 in Stock

Key Points

• Insider Jingye Chen sold 800 Sea (NYSE:SE) shares on April 13 at an average price of $85.75 for $68,600, leaving him with 226,400 shares and representing a 0.35% reduction; he has made multiple similar 800-share sales in March–April.
• Other senior insiders sold much larger stakes — Director David Y. Ma sold about 203,304 shares (~$17.47M) and COO Gang Ye sold 20,000 shares (~$1.7M) across April 10–13, signaling notable insider selling activity.
• Sea beat revenue expectations with $6.85B (up 38.4% YoY) but missed on EPS ($0.63 vs. $0.91 expected), and Wall Street's consensus is a Moderate Buy with a $166.83 price target.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Jingye Chen sold 800 shares of SEA stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $85.75, for a total value of $68,600.00. Following the sale, the insider directly owned 226,400 shares in the company, valued at approximately $19,413,800. The trade was a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Friday, April 10th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.74, for a total value of $68,592.00.
• On Wednesday, April 8th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $86.62, for a total value of $69,296.00.
• On Monday, April 6th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $82.98, for a total value of $66,384.00.
• 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 value 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 value 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 value 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 value of $64,776.00.

SEA Stock Up 0.6%

SE stock opened at $86.42 on Tuesday. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The business's 50 day moving average price is $94.46 and its two-hundred day moving average price is $126.30. 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 capitalization of $50.91 billion, a price-to-earnings ratio of 34.29, a price-to-earnings-growth ratio of 0.79 and a beta of 1.69.

SEA (NYSE:SE - Get Free Report) last posted its earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 earnings per share 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 for the quarter, compared to analysts' expectations of $6.42 billion. During the same quarter last year, the company posted $0.39 EPS. The firm's revenue was up 38.4% on a year-over-year basis. As a group, analysts forecast 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 have recently made changes to their positions in the company. Fred Alger Management LLC grew its holdings in shares of 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 buying an additional 521,782 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in shares of SEA by 24.4% during 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. Charles Lim Capital Ltd grew its holdings in shares of SEA by 172.7% during 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. State of Tennessee Department of Treasury grew its holdings in shares of SEA by 32.4% during 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. Finally, PFA Pension Forsikringsaktieselskab purchased a new stake in shares of SEA during the fourth quarter valued at approximately $26,282,000. Hedge funds and other institutional investors own 59.53% of the company's stock.

Key SEA News

Here are the key news stories impacting SEA this week:

• Negative Sentiment: Director David Y. Ma sold a total of 203,304 shares across April 10 and April 13 (average prices ~ $85.84–$86.11), generating roughly $17.47M and reducing his stake by several percentage points. Large director selling can be read as a negative signal, though he still retains over 1M shares. Read More.
• Negative Sentiment: COO Gang Ye sold 20,000 shares across April 10 and April 13 (avg. prices ~ $84.39–$85.73), totaling about $1.70M and trimming his holdings by ~2.8–2.9%. Insider sales by executives can signal personal liquidity needs or portfolio rebalancing; context matters. Read More.
• Negative Sentiment: Insider Jingye Chen sold 1,600 shares across the two dates (~$68.6K + $68.6K), a very small percent reduction of their position; likely immaterial but recorded in filings. Read More.
• Negative Sentiment: Insider Yanjun Wang sold 1,600 shares across the two dates (~$68.6K + $68.6K), also a small reduction in holdings. Read More.
• Negative Sentiment: Coverage note: an article summarizing a director sale is available for additional context. Read More.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on SE. Wedbush cut their price objective on shares of SEA from $190.00 to $170.00 and set an "outperform" rating on the stock in a report on Friday, December 19th. Morgan Stanley set a $121.00 price objective on shares of SEA and gave the stock an "overweight" rating in a report on Friday, March 13th. Sanford C. Bernstein cut their price objective on shares of SEA from $170.00 to $150.00 and set an "outperform" rating on the stock in a report on Wednesday, March 4th. Jefferies Financial Group restated a "buy" rating and issued a $150.00 price objective on shares of SEA in a report on Tuesday, March 3rd. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of SEA in a report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $166.83.

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.