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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $86.34, for a total transaction of $69,072.00. Following the completion of the sale, the insider owned 12,400 shares of the company’s stock, valued at approximately $1,070,616. This trade represents a 6.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.06, for a total value of $70,448.00.
• On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.58, for a total value of $70,864.00.
• 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 value of $66,992.00.
• On Friday, May 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.79, for a total value of $69,432.00.
• On Wednesday, May 6th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.38, for a total transaction 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 transaction 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 transaction of $68,736.00.

SEA Stock Up 2.8%

SE opened at $88.94 on Friday. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The company has a fifty day moving average price of $85.42 and a 200-day moving average price of $110.83. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The firm has a market capitalization of $54.35 billion, a P/E ratio of 35.02, a price-to-earnings-growth ratio of 0.88 and a beta of 1.57.

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

Analyst Upgrades and Downgrades

SE has been the subject of several research reports. TD Cowen upped their target price on shares of SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research report on Wednesday, May 13th. JPMorgan Chase & Co. lowered their price target on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Morgan Stanley set a $121.00 price target on SEA and gave the stock an “overweight” rating in a research note on Friday, March 13th. Barclays upped their price objective on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $158.41.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Fred Alger Management LLC increased its stake in shares of SEA by 22.1% in the third quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock worth $515,894,000 after buying an additional 521,782 shares during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its position in SEA by 24.4% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock valued at $228,549,000 after buying an additional 350,840 shares during the period. SG Americas Securities LLC grew its holdings in SEA by 5.7% in the 1st quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore’s stock worth $135,999,000 after acquiring an additional 88,431 shares during the last quarter. Charles Lim Capital Ltd grew its holdings in SEA by 172.7% in the 4th quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock worth $95,678,000 after acquiring an additional 475,000 shares during the last quarter. Finally, State of Tennessee Department of Treasury increased its position in shares of SEA by 32.4% in 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. Institutional investors own 59.53% of the company’s stock.

About SEA

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.