SEA (NYSE:SE) Insider Yanjun Wang Sells 800 Shares

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 800 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $80.12, for a total value of $64,096.00. Following the completion of the sale, the insider directly owned 34,800 shares of the company’s stock, valued at $2,788,176. This represents a 2.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Yanjun Wang also recently made the following trade(s):

  • On Friday, March 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $79.63, for a total transaction of $63,704.00.
  • On Wednesday, March 18th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.10, for a total value of $68,080.00.

SEA Stock Performance

Shares of NYSE SE opened at $78.17 on Wednesday. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $199.30. The company has a market cap of $46.05 billion, a P/E ratio of 31.02, a P/E/G ratio of 0.74 and a beta of 1.59. The business’s 50 day moving average is $105.64 and its two-hundred day moving average is $136.98. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 0.04.

SEA (NYSE:SEGet Free Report) last announced its quarterly earnings data on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.28). The company had revenue of $6.85 billion for the quarter, compared to analyst estimates of $6.42 billion. SEA had a net margin of 6.93% and a return on equity of 15.20%. The firm’s quarterly revenue was up 38.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.39 EPS. On average, equities analysts expect that Sea Limited Sponsored ADR will post 0.74 EPS for the current year.

SEA News Roundup

Here are the key news stories impacting SEA this week:

Institutional Trading of SEA

Several institutional investors have recently bought and sold shares of SE. Osbon Capital Management LLC bought a new stake in SEA in the fourth quarter valued at $175,000. Dorsey Wright & Associates raised its stake in SEA by 2.3% during the fourth quarter. Dorsey Wright & Associates now owns 13,016 shares of the Internet company based in Singapore’s stock worth $1,660,000 after acquiring an additional 298 shares in the last quarter. State of Tennessee Department of Treasury lifted its holdings in shares of SEA by 32.4% during the fourth 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 acquiring an additional 175,746 shares during the period. Align Financial LLC acquired a new stake in shares of SEA in the 4th quarter valued at $2,897,000. Finally, Advisory Services Network LLC boosted its stake in shares of SEA by 7.1% in the 4th quarter. Advisory Services Network LLC now owns 3,609 shares of the Internet company based in Singapore’s stock valued at $460,000 after purchasing an additional 239 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analyst Upgrades and Downgrades

SE has been the subject of several research reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $150.00 target price on shares of SEA in a research report on Tuesday, March 3rd. Sanford C. Bernstein lowered 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. Bank of America restated a “buy” rating and issued a $125.00 price objective on shares of SEA in a research note on Monday, March 9th. Wedbush reduced their price objective on shares of SEA from $190.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, December 19th. Finally, Zacks Research lowered shares of SEA from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 10th. One investment 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $166.83.

Check Out Our Latest Research Report on SE

SEA Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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