SEA (NYSE:SE) Insider Sells $90,220.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $90.22, for a total value of $90,220.00. Following the completion of the transaction, the insider directly owned 50,200 shares of the company’s stock, valued at $4,529,044. This represents a 1.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, June 29th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $92.59, for a total transaction of $92,590.00.
• On Wednesday, June 10th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $82.36, for a total transaction of $65,888.00.
• On Monday, June 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $84.39, for a total transaction of $67,512.00.
• On Friday, June 5th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $87.20, for a total transaction of $69,760.00.
• On Wednesday, June 3rd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $90.53, for a total value of $72,424.00.
• On Monday, June 1st, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $96.11, for a total value of $76,888.00.
• On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $91.98, for a total value of $73,584.00.
• On Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $89.45, for a total value of $71,560.00.
• On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $87.87, for a total value of $70,296.00.
• On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.34, for a total value of $69,072.00.

SEA Stock Performance

Shares of SE stock opened at $102.33 on Thursday. The business’s 50 day simple moving average is $88.84 and its 200 day simple moving average is $100.60. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The stock has a market capitalization of $62.52 billion, a PE ratio of 40.29, a PEG ratio of 1.00 and a beta of 1.55. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56.

SEA (NYSE:SE) last released 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 firm 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 business’s revenue for the quarter was up 46.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.65 EPS. As a group, research analysts forecast that Sea Limited Sponsored ADR will post 3.33 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on SE shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. Morgan Stanley set a $121.00 target price on SEA and gave the stock an “overweight” rating in a report on Friday, March 13th. Sanford C. Bernstein cut their price target on 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 reaffirmed a “buy” rating and set a $125.00 price objective on shares of SEA in a research report on Monday, March 9th. Finally, Barclays boosted their target price on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, SEA has a consensus rating of “Moderate Buy” and an average target price of $155.54.

Institutional Investors Weigh In On SEA

Several hedge funds and other institutional investors have recently modified their holdings of SE. Zions Bancorporation National Association UT raised its stake in shares of SEA by 539.6% in the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock valued at $39,000 after buying an additional 259 shares during the period. Holos Integrated Wealth LLC bought a new stake in SEA in the 4th quarter valued at about $44,000. Cornerstone Planning Group LLC raised its stake in SEA by 26.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after acquiring an additional 174 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in SEA by 102.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock valued at $144,000 after purchasing an additional 573 shares during the last quarter. Finally, Osbon Capital Management LLC bought a new position in SEA during the fourth quarter worth about $175,000. 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.