Chen Seng Heng Sells 20,000 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SE) Director Chen Seng Heng sold 20,000 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $122.31, for a total transaction of $2,446,200.00. Following the transaction, the director owned 164,904 shares of the company’s stock, valued at approximately $20,169,408.24. The trade was a 10.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

SEA Stock Up 2.6%

SE opened at $119.26 on Thursday. The company has a market capitalization of $72.87 billion, a P/E ratio of 46.05, a P/E/G ratio of 1.05 and a beta of 1.54. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48. The firm’s fifty day moving average price is $104.59 and its two-hundred day moving average price is $96.56. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30.

SEA (NYSE:SE) last announced its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) 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 firm had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same quarter last year, the business earned $0.65 EPS. The company’s revenue for the quarter was up 48.3% compared to the same quarter last year. On average, analysts anticipate that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

More SEA News

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Howard Marks’ Oaktree Capital disclosed a new position in Sea worth approximately $60.9 million. The investment could reinforce confidence in Sea’s long-term growth prospects following the stock’s decline from its 52-week high. Howard Marks investment article
• Positive Sentiment: Sea’s latest quarterly revenue rose 48.3% year over year to $7.79 billion, surpassing the $7.12 billion analyst consensus. The company’s e-commerce, digital entertainment and financial-services businesses continue to deliver substantial top-line growth.
• Positive Sentiment: Analyst sentiment remains broadly favorable. Sea has a “Moderate Buy” consensus rating and an average price target of $151.90, while Benchmark recently raised its target to $175. Sea growth model article
• Neutral Sentiment: Sea’s valuation remains demanding at roughly 45 times earnings, making the stock highly dependent on continued growth and improving profitability. Its shares are trading above both the 50-day and 200-day moving averages, indicating positive momentum but also increased sensitivity to disappointing news.
• Negative Sentiment: Quarterly EPS was $0.70, below the $0.86 consensus estimate. Although revenue beat expectations, the earnings shortfall may temper enthusiasm and raise questions about margin performance.
• Negative Sentiment: Multiple executives and directors recently sold shares. COO Gang Ye disposed of 50,000 shares for approximately $5.9 million, while the CFO, president, director Chen Seng Heng and other insiders also reduced their holdings. The breadth of the selling may concern investors about near-term valuation, even though insiders retained sizable positions. Gang Ye share sale article SEA insider selling report

Hedge Funds Weigh In On SEA

Several hedge funds have recently made changes to their positions in the business. 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 worth $228,549,000 after purchasing an additional 350,840 shares in the last quarter. SG Americas Securities LLC boosted its holdings in SEA by 5.7% during the first 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 purchasing an additional 88,431 shares during the last quarter. Charles Lim Capital Ltd grew its position in SEA by 172.7% in 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 purchasing an additional 475,000 shares in the last quarter. State of Tennessee Department of Treasury increased its stake in SEA by 32.4% in the 4th 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, Public Employees Retirement System of Ohio acquired a new stake in SEA in the 2nd quarter valued at $37,527,000. 59.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on SE shares. Zacks Research downgraded SEA from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Barclays increased their target price on SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. decreased their target price on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Finally, TD Cowen reiterated a “hold” rating on shares of SEA in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, SEA has a consensus rating of “Moderate Buy” and an average target price of $151.90.

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.