Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,200 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $103.84, for a total value of $124,608.00. Following the transaction, the insider owned 3,180 shares of the company’s stock, valued at approximately $330,211.20. The trade was a 27.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Yanjun Wang also recently made the following trade(s):
- On Monday, September 14th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $108.32, for a total value of $162,480.00.
- On Thursday, September 10th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $107.99, for a total value of $129,588.00.
- On Wednesday, September 9th, Yanjun Wang sold 1,320 shares of SEA stock. The stock was sold at an average price of $108.88, for a total value of $143,721.60.
- On Tuesday, September 8th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.75, for a total transaction of $169,125.00.
- On Friday, September 4th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.29, for a total transaction of $169,935.00.
- On Wednesday, September 2nd, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $112.48, for a total transaction of $168,720.00.
- On Monday, August 31st, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $114.07, for a total transaction of $171,105.00.
- On Friday, August 28th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.58, for a total transaction of $179,370.00.
- On Wednesday, August 26th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.81, for a total transaction of $179,715.00.
- On Monday, August 24th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $115.93, for a total transaction of $173,895.00.
SEA Stock Performance
NYSE SE opened at $103.72 on Thursday. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $195.48. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. The company has a market capitalization of $63.38 billion, a P/E ratio of 40.05, a P/E/G ratio of 1.03 and a beta of 1.51. The company has a fifty day moving average of $112.14 and a 200-day moving average of $96.93.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on SE shares. Benchmark raised their price objective on SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a research report on Monday, July 20th. Arete Research set a $152.00 price objective on shares of SEA and gave the company a “buy” rating in a research report on Monday, September 7th. Weiss Ratings raised SEA from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Finally, TD Cowen reiterated a “hold” rating on shares of SEA in a report on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $149.40.
Read Our Latest Stock Analysis on SE
Key Stories Impacting SEA
Here are the key news stories impacting SEA this week:
- Positive Sentiment: Brokerages assign Sea a consensus “Moderate Buy” rating, with an average price target of $149.40—well above the recently cited share price near $103. Royal Bank of Canada upgraded the stock to “buy,” while Benchmark raised its target to $175.00. Sea Limited receives Moderate Buy rating
- Positive Sentiment: Institutional ownership stands at approximately 59.53%, and several investment firms increased their positions during the second quarter, including the National Pension Service and Baird Financial Group. This may provide a measure of institutional support for SE.
- Positive Sentiment: Sea’s most recent quarter showed strong revenue growth of 48.3% year over year to $7.79 billion, surpassing analyst expectations of $7.12 billion. The company also maintains a relatively conservative balance sheet, with debt-to-equity of just 0.07.
- Neutral Sentiment: Despite the growth outlook, Sea trades at an elevated valuation of roughly 40 times earnings. Analysts expect full-year earnings per share of about $2.91, leaving the stock vulnerable to volatility if growth or profitability disappoints.
- Negative Sentiment: Several insiders have recently sold shares. COO Gang Ye sold 20,000 shares for approximately $2.16 million, while Jingye Chen sold 60,000 shares across September 11 and 14 for about $6.46 million. Yanjun Wang also sold 1,500 shares for $162,480, reducing his ownership by 25.51%. The cluster of transactions may weigh on investor sentiment. SEA insider stock sales
- Negative Sentiment: Sea’s latest quarterly EPS of $0.70 missed the $0.86 consensus estimate, even though revenue exceeded expectations. The earnings shortfall is an important risk for a stock carrying a premium valuation.
Institutional Trading of SEA
A number of hedge funds and other institutional investors have recently modified their holdings of SE. Capstone Capital Management Ltd purchased a new stake in shares of SEA in the 1st quarter worth approximately $1,612,000. Ramirez Asset Management Inc. bought a new position in shares of SEA during the fourth quarter valued at $3,560,000. Equitable Trust Co. lifted its stake in shares of SEA by 30.9% in the first quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock worth $15,532,000 after buying an additional 44,252 shares in the last quarter. Handelsbanken Fonder AB grew its holdings in shares of SEA by 18.8% during the second quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock valued at $16,066,000 after buying an additional 26,498 shares during the last quarter. Finally, Charles Lim Capital Ltd increased its position in shares of SEA by 172.7% during the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock valued at $95,678,000 after acquiring an additional 475,000 shares in the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.
About SEA
Sea Limited (NYSE: SE) is a Singapore-based global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.
Garena, Sea’s digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.
Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.
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