Zhimin Feng Sells 15,000 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SE) President Zhimin Feng sold 15,000 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $124.00, for a total value of $1,860,000.00. Following the transaction, the president owned 255,000 shares of the company’s stock, valued at approximately $31,620,000. This represents a 5.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Zhimin Feng also recently made the following trade(s):

• On Tuesday, August 11th, Zhimin Feng sold 15,000 shares of SEA stock. The shares were sold at an average price of $130.07, for a total transaction of $1,951,050.00.

SEA Price Performance

Shares of SE opened at $116.17 on Wednesday. The firm has a 50-day simple moving average of $103.86 and a two-hundred day simple moving average of $96.58. The stock has a market cap of $70.99 billion, a PE ratio of 44.85, a P/E/G ratio of 1.10 and a beta of 1.54. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48.

SEA (NYSE:SE) last posted its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). SEA had a return on equity of 13.54% and a net margin of 5.98%.The company had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same period in the previous year, the business posted $0.65 EPS. The business’s revenue for the quarter was up 48.3% on a year-over-year basis. As a group, analysts forecast that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

Key SEA News

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Howard Marks’ Oaktree Capital disclosed a new Sea Limited position worth approximately $60.9 million. The investment may support investor confidence in Sea’s long-term growth potential after the stock’s recent decline. Howard Marks article
• Positive Sentiment: Sea’s latest quarterly revenue increased 48.3% year over year to $7.79 billion, exceeding analysts’ $7.12 billion estimate. The company’s digital entertainment, e-commerce and financial-services businesses continue to provide significant growth momentum.
• Neutral Sentiment: Analysts maintain a generally favorable view, with a “Moderate Buy” consensus and an average price target of $151.90. However, the stock’s valuation remains elevated at roughly 45 times earnings, leaving shares sensitive to earnings execution and growth expectations.
• Negative Sentiment: Sea reported quarterly earnings of $0.70 per share, missing the $0.86 consensus estimate. The earnings shortfall may be weighing on the stock despite the strong revenue performance.
• Negative Sentiment: Several senior executives sold shares recently: CEO Xiaodong Li sold approximately $2.38 million, COO Gang Ye sold $3.72 million, President Zhimin Feng sold $1.86 million, and other insiders sold additional shares. The broad-based selling, totaling more than $8 million in the reported transactions, can raise concerns about near-term valuation or insider expectations. Gang Ye insider sale Xiaodong Li insider sale

Analyst Ratings Changes

A number of equities analysts recently commented on the company. TD Cowen restated a “hold” rating on shares of SEA in a report on Monday. Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Morgan Stanley reiterated an “overweight” rating and set a $153.00 target price on shares of SEA in a report on Thursday, August 13th. Benchmark boosted their price target on shares of SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $151.90.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Charles Lim Capital Ltd increased its position in 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 worth $95,678,000 after buying an additional 475,000 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of SEA in the second quarter worth $37,527,000. OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of SEA by 24.4% in 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 acquiring an additional 350,840 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new stake in shares of SEA in the fourth quarter valued at $26,282,000. Finally, State of Tennessee Department of Treasury boosted its stake 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 acquiring an additional 175,746 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

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.