SEA (NYSE:SE) Director David Ma Sells 164,033 Shares
by Jessica Moore · The Cerbat GemSea Limited Sponsored ADR (NYSE:SE – Get Free Report) Director David Ma sold 164,033 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $89.29, for a total transaction of $14,646,506.57. Following the completion of the transaction, the director directly owned 731,331 shares of the company’s stock, valued at approximately $65,300,544.99. The trade was a 18.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
SEA Trading Up 5.6%
Shares of NYSE SE opened at $90.40 on Thursday. 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 0.04, a current ratio of 1.58 and a quick ratio of 1.57. The business’s 50 day moving average is $93.70 and its two-hundred day moving average is $125.36. The stock has a market capitalization of $53.26 billion, a P/E ratio of 35.87, a PEG ratio of 0.79 and a beta of 1.69.
SEA (NYSE:SE – Get Free Report) last posted its quarterly earnings data on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.28). The company had revenue of $6.85 billion during the quarter, compared to the consensus estimate of $6.42 billion. SEA had a net margin of 6.93% and a return on equity of 15.20%. SEA’s revenue for the quarter was up 38.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 earnings per share. As a group, research analysts expect that Sea Limited Sponsored ADR will post 0.74 EPS for the current year.
Analyst Ratings Changes
Several research firms have commented on SE. Jefferies Financial Group reaffirmed a “buy” rating and set a $150.00 price objective on shares of SEA in a research note on Tuesday, March 3rd. Bank of America restated a “buy” rating and issued a $125.00 target price on shares of SEA in a report on Monday, March 9th. Wedbush dropped their price target on shares of SEA from $190.00 to $170.00 and set an “outperform” rating for the company in a research note on Friday, December 19th. Sanford C. Bernstein cut their price target 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. Finally, Morgan Stanley set a $121.00 price objective on shares of SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $166.83.
Check Out Our Latest Analysis on SEA
Hedge Funds Weigh In On SEA
Several hedge funds have recently bought and sold shares of the business. Fred Alger Management LLC increased its stake in SEA by 22.1% in the third quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock worth $515,894,000 after purchasing an additional 521,782 shares during the period. OVERSEA CHINESE BANKING Corp Ltd lifted its position 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 worth $228,549,000 after purchasing an additional 350,840 shares during the last quarter. Charles Lim Capital Ltd boosted its stake 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 purchasing an additional 475,000 shares during the period. State of Tennessee Department of Treasury grew its holdings in shares of SEA by 32.4% in the fourth quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore’s stock worth $83,750,000 after purchasing an additional 175,746 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new position in shares of SEA in the fourth quarter worth about $26,282,000. Institutional investors own 59.53% of the company’s stock.
SEA News Roundup
Here are the key news stories impacting SEA this week:
- Positive Sentiment: Analyst/media upgrade and valuation argument — Seeking Alpha published a rating upgrade arguing SE’s recent price implies a bargain relative to growth (calls 22x P/E “a steal”), which can attract value and recovery buyers. Read More.
- Positive Sentiment: Momentum / media coverage — Yahoo/other write‑ups highlighting a recent double‑digit rebound have likely drawn short‑term buying and momentum flows into SE. Read More.
- Neutral Sentiment: Analyst backdrop remains supportive — Multiple brokerages still rate SE a buy on growth potential; MarketBeat shows a consensus “Moderate Buy” and an elevated average target, which underpins longer‑term investor interest. Read More.
- Neutral Sentiment: Institutional positioning — Hedge funds and institutional holders have been active (some recent buys reported), meaning moves can be amplified by block trading and rebalancing. Read More.
- Negative Sentiment: Large director selling — Director David Y. Ma sold large blocks (multiple trades totalling hundreds of thousands of shares across April), materially reducing his stake and raising headline risk that pressures sentiment. SEC filing: Read More.
- Negative Sentiment: COO and other insider sales — COO Gang Ye executed multiple 10,000‑share sales and other insiders (Jingye Chen, Yanjun Wang) have repeatedly sold small tranches; the cluster of insider liquidations feeds a narrative of management monetization. SEC filing (COO): Read More.
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.