Yanjun Wang Sells 800 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $88.58, for a total transaction of $70,864.00. Following the transaction, the insider directly owned 14,800 shares in the company, valued at approximately $1,310,984. This represents a 5.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Wednesday, May 13th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $94.63, for a total transaction of $75,704.00.
• On Monday, May 11th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $83.74, for a total transaction of $66,992.00.
• On Friday, May 8th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.79, for a total transaction of $69,432.00.
• On Wednesday, May 6th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.38, for a total value of $70,704.00.
• On Monday, May 4th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.75, for a total value of $68,600.00.
• On Friday, May 1st, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.13, for a total value of $68,904.00.
• On Wednesday, April 29th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $83.31, for a total value of $66,648.00.
• On Monday, April 27th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.92, for a total value of $68,736.00.
• On Friday, April 24th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $84.58, for a total value of $67,664.00.
• On Wednesday, April 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.01, for a total transaction of $68,808.00.

SEA Stock Performance

Shares of SE stock opened at $87.01 on Wednesday. The firm has a market capitalization of $53.17 billion, a PE ratio of 34.26, a price-to-earnings-growth ratio of 0.90 and a beta of 1.57. The firm has a fifty day simple moving average of $85.50 and a two-hundred day simple moving average of $111.80. The company has a current ratio of 1.58, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $199.30.

SEA (NYSE:SE) last issued its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.08). The business had revenue of $7.10 billion for the quarter, compared to analyst estimates of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. The firm’s quarterly revenue was up 46.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.65 earnings per share. Analysts forecast that Sea Limited Sponsored ADR will post 3.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SE has been the subject of a number of analyst reports. TD Cowen lifted their price target on SEA from $100.00 to $108.00 and gave the company a “hold” rating in a research note on Wednesday, May 13th. Jefferies Financial Group restated a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. Barclays upped their price target on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Finally, JPMorgan Chase & Co. cut their price objective on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, SEA currently has an average rating of “Moderate Buy” and a consensus price target of $158.41.

Hedge Funds Weigh In On SEA

A number of hedge funds have recently bought and sold shares of SE. Rothschild Investment LLC boosted its holdings in SEA by 114.0% during the 3rd quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after acquiring an additional 106 shares during the last quarter. Zions Bancorporation National Association UT boosted its holdings in SEA by 539.6% during the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after acquiring an additional 259 shares during the last quarter. Holos Integrated Wealth LLC purchased a new position in SEA during the 4th quarter worth $44,000. Cornerstone Planning Group LLC boosted its holdings in SEA by 26.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after acquiring an additional 174 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its holdings in SEA by 41.9% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 559 shares of the Internet company based in Singapore’s stock worth $100,000 after acquiring an additional 165 shares during the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.

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.