JPMorgan Chase & Co. Issues Pessimistic Forecast for SEA (NYSE:SE) Stock Price

SEA (NYSE:SE) had its target price lowered by equities researchers at JPMorgan Chase & Co. from $170.00 to $168.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the Internet company based in Singapore’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 87.54% from the company’s previous close.

Other equities analysts have also issued research reports about the company. Bank of America reissued a “buy” rating and issued a $125.00 target price on shares of SEA in a research note on Monday, March 9th. Morgan Stanley set a $121.00 price target on SEA and gave the company an “overweight” rating in a research note on Friday, March 13th. Jefferies Financial Group reissued a “buy” rating and set a $150.00 price objective on shares of SEA in a research note on Tuesday, March 3rd. Barclays decreased their price objective 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. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a research note on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $161.66.

SEA Trading Down 1.9%

Shares of NYSE SE traded down $1.75 during mid-day trading on Monday, hitting $89.58. The company’s stock had a trading volume of 2,673,049 shares, compared to its average volume of 5,506,937. SEA has a one year low of $77.05 and a one year high of $199.30. The company’s fifty day simple moving average is $92.98 and its 200-day simple moving average is $123.70. 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 stock has a market cap of $52.77 billion, a price-to-earnings ratio of 35.59, a price-to-earnings-growth ratio of 0.92 and a beta of 1.69.

SEA (NYSE:SE) last posted its quarterly 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 business had revenue of $6.85 billion for the quarter, compared to the consensus estimate of $6.42 billion. During the same period last year, the firm earned $0.39 earnings per share. The company’s quarterly revenue was up 38.4% on a year-over-year basis. On average, sell-side analysts anticipate that SEA will post 0.74 earnings per share for the current fiscal year.

Insider Transactions at SEA

In other SEA news, insider Yanjun Wang sold 800 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $92.07, for a total value of $73,656.00. Following the sale, the insider owned 20,400 shares in the company, valued at approximately $1,878,228. The trade was a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David Y. Ma sold 145,072 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $92.10, for a total value of $13,361,131.20. Following the transaction, the director directly owned 472,165 shares of the company’s stock, valued at approximately $43,486,396.50. This trade represents a 23.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,180,462 shares of company stock worth $103,692,523 in the last 90 days. 0.22% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On SEA

Several large investors have recently made changes to their positions in SE. Lingohr Asset Management GmbH increased its holdings in SEA by 219.4% during the third quarter. Lingohr Asset Management GmbH now owns 12,700 shares of the Internet company based in Singapore’s stock worth $2,270,000 after buying an additional 8,724 shares during the last quarter. Andra AP fonden lifted its stake in SEA by 7.0% in the third quarter. Andra AP fonden now owns 144,300 shares of the Internet company based in Singapore’s stock valued at $25,791,000 after acquiring an additional 9,400 shares during the last quarter. Fred Alger Management LLC grew its position in shares of SEA by 22.1% in the 3rd 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 acquiring an additional 521,782 shares during the period. OVERSEA CHINESE BANKING Corp Ltd increased its stake in shares of SEA by 11.5% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,440,820 shares of the Internet company based in Singapore’s stock worth $257,414,000 after purchasing an additional 148,621 shares during the last quarter. Finally, Rathbones Group PLC increased its stake in shares of SEA by 78.6% during the 4th quarter. Rathbones Group PLC now owns 22,015 shares of the Internet company based in Singapore’s stock worth $2,808,000 after purchasing an additional 9,688 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Key Headlines Impacting SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Insiders still retain meaningful ownership after the sales — directors and officers continue to hold hundreds of thousands of shares, aligning their interests with shareholders. David Y. Ma filings
• Neutral Sentiment: All transactions were disclosed via SEC filings and public insider-trade services, so the moves are transparent and not sudden, one-off rumors. SEC filing (example)
• Negative Sentiment: Director David Y. Ma sold large blocks across Apr 16–17 (114,094 shares at $90.72 on Apr 16 and 145,072 shares at $92.10 on Apr 17), totaling roughly 259,166 shares and ~\$23–24M of proceeds — a material reduction that can weigh on market sentiment. David Y. Ma Apr 17 filing David Y. Ma Apr 16 filing
• Negative Sentiment: COO Gang Ye sold 10,000 shares at an average price of $92.15 (~\$921.5k), trimming his position by ~3.23% — a notable insider liquidation by an executive. Gang Ye filing
• Negative Sentiment: Smaller insider sales: Jingye Chen and Yanjun Wang each sold 800 shares at ~$92.07 (~\$73.7k each). Individual sizes are modest, but they add to the overall selling wave. Jingye Chen filing Yanjun Wang filing

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.