Sea Ltd ADR’s recent filing unveils that 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.
BofA Securities downgraded its Sea Ltd ADR [SE] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid April from “an Overweight” to “a Neutral”. JP Morgan also remained covering SE and has increased its forecast on August 14, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. JP Morgan revised its rating on June 25, 2024. It rated SE as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of SE
On Friday, Sea Ltd ADR [NYSE:SE] saw its stock fall -4.56% to $139.17. Over the last five days, the stock has lost -1.84%. Sea Ltd ADR shares have risen nearly 31.17% since the year began. Nevertheless, the stocks have risen 113.58% over the past one year. While a 52-week high of $147.73 was reached on 03/05/25, a 52-week low of $55.00 was recorded on 04/07/25. SMA at 50 days reached $127.95, while 200 days put it at $106.98.
Levels Of Support And Resistance For SE Stock
The 24-hour chart illustrates a support level at 137.19, which if violated will result in even more drops to 135.21. On the upside, there is a resistance level at 142.21. A further resistance level may holdings at 145.24. The Relative Strength Index (RSI) on the 14-day chart is 59.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 26.04%. Stochastics %K at 88.16% indicates the stock is a selling.
