Jingye Chen Sells 800 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Jingye Chen sold 800 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $83.74, for a total value of $66,992.00. Following the completion of the sale, the insider directly owned 210,400 shares of the company’s stock, valued at $17,618,896. The trade was a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Thursday, May 7th, Jingye Chen sold 800 shares of SEA stock. The shares were sold at an average price of $89.85, for a total value of $71,880.00.
  • On Tuesday, May 5th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $84.67, for a total value of $67,736.00.
  • On Friday, May 1st, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $86.14, for a total transaction of $68,912.00.
  • On Wednesday, April 29th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $83.31, for a total transaction of $66,648.00.
  • On Monday, April 27th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.93, for a total transaction of $68,744.00.
  • On Friday, April 24th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $84.58, for a total transaction of $67,664.00.
  • On Wednesday, April 22nd, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $85.99, for a total transaction of $68,792.00.
  • On Monday, April 20th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $89.56, for a total transaction of $71,648.00.
  • On Friday, April 17th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $92.07, for a total transaction of $73,656.00.
  • On Wednesday, April 15th, Jingye Chen sold 800 shares of SEA stock. The stock was sold at an average price of $88.89, for a total transaction of $71,112.00.

SEA Stock Performance

Shares of SE opened at $93.55 on Thursday. 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 Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The company has a 50-day simple moving average of $85.74 and a two-hundred day simple moving average of $113.76. The firm has a market capitalization of $57.16 billion, a PE ratio of 36.83, a price-to-earnings-growth ratio of 0.98 and a beta of 1.57.

SEA (NYSE:SEGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.08). SEA had a return on equity of 14.79% and a net margin of 6.41%.The company had revenue of $7.10 billion during the quarter, compared to analysts’ expectations of $6.46 billion. During the same quarter last year, the business earned $0.65 earnings per share. The business’s quarterly revenue was up 46.6% on a year-over-year basis. On average, analysts anticipate that Sea Limited Sponsored ADR will post 3.39 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a report on Tuesday. TD Cowen lifted their target price on shares of SEA from $100.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday. Morgan Stanley set a $121.00 target price on shares of SEA and gave the company an “overweight” rating in a report on Friday, March 13th. JPMorgan Chase & Co. lowered their target price on shares of SEA from $170.00 to $168.00 and set an “overweight” rating for the company in a report on Monday, April 20th. Finally, Barclays lowered their target price on shares of SEA from $226.00 to $120.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, SEA presently has an average rating of “Moderate Buy” and an average target price of $158.66.

View Our Latest Report on SE

SEA News Roundup

Here are the key news stories impacting SEA this week:

Institutional Investors Weigh In On SEA

Several institutional investors and hedge funds have recently made changes to their positions in SE. Rothschild Investment LLC increased its position in shares of SEA by 114.0% during the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after acquiring an additional 106 shares in the last quarter. Zions Bancorporation National Association UT increased its position in shares of SEA by 539.6% during 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 acquiring an additional 259 shares in the last quarter. Holos Integrated Wealth LLC bought a new stake in shares of SEA during the fourth quarter valued at approximately $44,000. Cornerstone Planning Group LLC increased its position in shares of SEA by 26.5% during the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after acquiring an additional 174 shares in the last quarter. Finally, Cullen Frost Bankers Inc. increased its position in shares of SEA by 41.9% during the third quarter. Cullen Frost Bankers Inc. now owns 559 shares of the Internet company based in Singapore’s stock valued at $100,000 after acquiring an additional 165 shares in the last quarter. Institutional investors own 59.53% of the company’s stock.

SEA Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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