SEA (NYSE:SE) Insider Yanjun Wang Sells 1,000 Shares of Company Stock

Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, October 19th. The shares were sold at an average price of $90.37, for a total value of $90,370.00. Following the completion of the sale, the insider owned 76,780 shares of the company’s stock, valued at approximately $6,938,608.60. This represents a 1.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

  • On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $81.61, for a total value of $65,288.00.
  • On Friday, October 16th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.43, for a total transaction of $95,430.00.
  • On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.49, for a total transaction of $95,490.00.
  • On Monday, October 12th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.87, for a total transaction of $95,870.00.
  • On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.37, for a total transaction of $95,370.00.
  • On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $94.91, for a total transaction of $94,910.00.
  • On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $97.27, for a total transaction of $97,270.00.
  • On Friday, October 2nd, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.15, for a total transaction of $95,150.00.
  • On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.67, for a total transaction of $97,670.00.
  • On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $98.65, for a total transaction of $98,650.00.

SEA Trading Down 3.2%

Shares of SEA stock opened at $77.89 on Thursday. Sea Limited Sponsored ADR has a 1 year low of $75.99 and a 1 year high of $164.03. 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 $47.59 billion, a P/E ratio of 30.07, a PEG ratio of 0.82 and a beta of 1.54. The company’s fifty day moving average is $105.15 and its two-hundred day moving average is $98.63.

SEA (NYSE:SE – Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). SEA had a net margin of 5.98% and a return on equity of 13.54%. The business had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same quarter in the prior year, the firm posted $0.65 earnings per share. The company’s revenue for the quarter was up 48.3% compared to the same quarter last year. Analysts forecast that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current year.

Analyst Ratings Changes

SE has been the topic of several recent research reports. Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a research report on Monday, July 20th. Benchmark lifted their target price on SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Royal Bank Of Canada upgraded SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. Finally, TD Cowen reissued a “hold” rating on shares of SEA in a report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $149.40.

Check Out Our Latest Analysis on SEA

Hedge Funds Weigh In On SEA

A number of large investors have recently bought and sold shares of the company. Carrhae Capital LLP acquired a new stake in shares of SEA in the 2nd quarter worth $140,501,000. Baird Financial Group Inc. increased its stake in shares of SEA by 6.2% during the second quarter. Baird Financial Group Inc. now owns 879,107 shares of the Internet company based in Singapore’s stock worth $84,245,000 after acquiring an additional 50,965 shares during the period. Carmignac Gestion increased its stake in shares of SEA by 2.2% during the second quarter. Carmignac Gestion now owns 651,818 shares of the Internet company based in Singapore’s stock worth $62,349,000 after acquiring an additional 14,242 shares during the period. National Pension Service increased its stake in shares of SEA by 10.0% during the second quarter. National Pension Service now owns 605,437 shares of the Internet company based in Singapore’s stock worth $58,019,000 after acquiring an additional 54,819 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in SEA by 80.6% during the third quarter. Assenagon Asset Management S.A. now owns 563,692 shares of the Internet company based in Singapore’s stock worth $54,881,000 after purchasing an additional 251,517 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Key SEA News

Here are the key news stories impacting SEA this week:

  • Positive Sentiment: Sea is preparing to launch Sea Cloud, an AI-focused enterprise platform built on the infrastructure supporting Shopee, Garena and Monee. The initiative could create a new growth opportunity by commercializing the company’s technology capabilities. Sea Stock Trades Down, Here Is Why
  • Positive Sentiment: Sea is considering an initial public offering or potential spin-off of its digital financial-services division, Monee. A separate listing could highlight the unit’s value, provide funding for expansion and give investors greater transparency into the business. Sea CEO Says Monee Could Go Public
  • Neutral Sentiment: Investor attention toward Sea has increased, with Zacks highlighting the stock as a trending name. However, the report does not identify a definitive new earnings or valuation catalyst. Is Trending Stock Sea a Buy Now?
  • Neutral Sentiment: Unusually active options trading included purchases of 11,763 call contracts, above typical daily volume. This may indicate speculative bullish interest, but it does not necessarily translate into sustained buying of the shares.
  • Negative Sentiment: The proposed Sea Cloud launch and possible Monee IPO appear to have raised concerns about management focus, added investment requirements and execution risk. Investors may also be uncertain about the timing and valuation of any Monee transaction. Sea Stock Trades Down, Here Is Why
  • Negative Sentiment: Insider selling added pressure: CFO Tianyu Hou sold 10,000 shares for approximately $890,300, reducing his holdings by 22.2%. Director Yanjun Wang also sold a combined 1,800 shares in two transactions. While these sales may be planned, repeated insider selling can weaken investor confidence. SEC Insider Filing

About SEA

(Get Free Report)

Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.

Through Shopee, Sea’s e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.

SeaMoney is the company’s digital financial services division.

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

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