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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of the company’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $95.87, for a total value of $95,870.00. Following the completion of the transaction, the insider directly owned 81,780 shares in the company, valued at approximately $7,840,248.60. The trade was a 1.21% decrease in their ownership of the stock. 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 Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.37, for a total value of $95,370.00.
• On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $94.91, for a total value of $94,910.00.
• On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.27, for a total value 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 value of $95,150.00.
• On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $97.67, for a total value of $97,670.00.
• On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $98.65, for a total value of $98,650.00.
• On Friday, September 25th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $100.04, for a total value of $120,048.00.
• On Wednesday, September 23rd, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $102.76, for a total value of $123,312.00.
• On Monday, September 21st, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $102.00, for a total value of $122,400.00.
• On Thursday, September 17th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $101.55, for a total value of $121,860.00.

SEA Trading Up 0.2%

SEA stock opened at $96.08 on Wednesday. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.07. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $184.96. The company has a market capitalization of $58.71 billion, a price-to-earnings ratio of 37.10, a price-to-earnings-growth ratio of 0.98 and a beta of 1.54. The stock has a 50-day moving average price of $108.76 and a 200 day moving average price of $98.27.

SEA (NYSE:SE) last issued its earnings results 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 firm had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.12 billion. During the same quarter in the prior year, the company earned $0.65 EPS. SEA’s quarterly revenue was up 48.3% on a year-over-year basis. Sell-side analysts anticipate that Sea Limited Sponsored ADR will post 2.91 EPS for the current year.

Institutional Trading of SEA

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Capstone Capital Management Ltd acquired a new stake in shares of SEA during the 1st quarter worth approximately $1,612,000. Whetstone Capital Advisors LLC purchased a new position in shares of SEA during the 2nd quarter valued at approximately $8,191,000. Corient Private Wealth LP lifted its stake in shares of SEA by 61.4% in the 2nd quarter. Corient Private Wealth LP now owns 26,534 shares of the Internet company based in Singapore’s stock valued at $2,543,000 after purchasing an additional 10,099 shares during the period. Handelsbanken Fonder AB lifted its stake in shares of SEA by 18.8% in the 2nd quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock valued at $16,066,000 after purchasing an additional 26,498 shares during the period. Finally, Equitable Trust Co. lifted its stake in shares of SEA by 30.9% in the 1st quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock valued at $15,532,000 after purchasing an additional 44,252 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SE. Morgan Stanley reaffirmed an “overweight” rating and issued a $153.00 price objective on shares of SEA in a report on Thursday, August 13th. TD Cowen reissued a “hold” rating on shares of SEA in a report on Monday, August 17th. Arete Research set a $152.00 target price on shares of SEA and gave the stock a “buy” rating in a report on Monday, September 7th. Sanford C. Bernstein restated an “outperform” rating on shares of SEA in a research report on Monday, July 20th. Finally, Royal Bank Of Canada upgraded shares of SEA from a “sector perform” rating to a “buy” rating in a research report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $149.40.

SEA Company Profile

Sea Limited is a Singapore-based technology company that operates digital consumer businesses across Southeast Asia, Taiwan and selected markets in Latin America and other regions. Founded in 2009, the company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in 2017 before completing its initial public offering on the New York Stock Exchange that year.

Sea’s principal businesses include Garena, a digital entertainment platform that publishes and develops online games and provides related digital content and services.