In a filing, Sea Ltd ADR revealed its Other: Affiliate COAST BRIDGE INVESTMENTS LIMIT acquired Company’s shares for reported $217.17 million on Mar 25 ’25. In the deal valued at $130.30 per share,1,666,710 shares were bought.
Then, KUOK Khoon Hua bought 54,000 shares, generating $6,807,780 in total proceeds.
Before that, Alpha Ally Holdings Limited bought 640,000 shares. Sea Ltd ADR shares valued at $79,878,400 were divested by the Affiliate at a price of $124.81 per share.
JP Morgan downgraded its Sea Ltd ADR [SE] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in mid August from “a Neutral” to “an Overweight”. JP Morgan also remained covering SE and has decreased its forecast on June 25, 2024 with a “Neutral” recommendation from previously “an Overweight” rating.
Price Performance Review of SE
On Monday, Sea Ltd ADR [NYSE:SE] saw its stock fall -3.67% to $116.53. Over the last five days, the stock has lost -1.09%. Sea Ltd ADR shares have risen nearly 9.83% since the year began. Nevertheless, the stocks have risen 109.47% over the past one year. While a 52-week high of $147.73 was reached on 03/05/25, a 52-week low of $54.82 was recorded on 04/07/25. SMA at 50 days reached $126.69, while 200 days put it at $102.56.
Levels Of Support And Resistance For SE Stock
The 24-hour chart illustrates a support level at 113.85, which if violated will result in even more drops to 111.18. On the upside, there is a resistance level at 119.95. A further resistance level may holdings at 123.38. The Relative Strength Index (RSI) on the 14-day chart is 44.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.59%. Stochastics %K at 53.31% indicates the stock is a holding.
How much short interest is there in Sea Ltd ADR?
A steep rise in short interest was recorded in Sea Ltd ADR stocks on 2025-03-31, dropping by -0.87 million shares to a total of 16.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 17.09 million shares. There was a decline of -5.4%, which implies that there is a negative sentiment for the stock.
