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

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 800 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $86.79, for a total value of $69,432.00. Following the sale, the insider owned 18,800 shares of the company’s stock, valued at $1,631,652. This trade represents a 4.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • 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 transaction of $66,992.00.
  • 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 value 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 transaction 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 value of $68,736.00.
  • On Friday, April 24th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $84.58, for a total transaction of $67,664.00.
  • On Wednesday, April 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.01, for a total value of $68,808.00.
  • On Monday, April 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $89.57, for a total transaction of $71,656.00.
  • On Friday, April 17th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $92.07, for a total transaction of $73,656.00.

SEA Trading Up 13.3%

Shares of NYSE:SE opened at $96.14 on Wednesday. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $199.30. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.57. The business’s 50 day moving average price is $85.97 and its 200-day moving average price is $114.20. The firm has a market capitalization of $58.74 billion, a price-to-earnings ratio of 38.15, a price-to-earnings-growth ratio of 0.87 and a beta of 1.57.

SEA (NYSE:SEGet Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.08). SEA had a return on equity of 15.20% and a net margin of 6.93%.The firm had revenue of $7.10 billion during the quarter, compared to analyst estimates of $6.46 billion. During the same quarter in the previous year, the firm posted $0.65 earnings per share. The company’s quarterly revenue was up 46.6% on a year-over-year basis. On average, equities research analysts forecast that Sea Limited Sponsored ADR will post 3.39 earnings per share for the current fiscal year.

SEA News Roundup

Here are the key news stories impacting SEA this week:

Wall Street Analysts Forecast Growth

SE has been the topic of several analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. JPMorgan Chase & Co. reduced their target price on SEA from $170.00 to $168.00 and set an “overweight” rating on the stock in a research report on Monday, April 20th. TD Cowen reaffirmed a “hold” rating on shares of SEA in a research note on Wednesday. Jefferies Financial Group reaffirmed a “buy” rating on shares of SEA in a research report on Tuesday. Finally, Bank of America reissued a “buy” rating and issued a $125.00 price target on shares of SEA in a research report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $161.66.

Check Out Our Latest Analysis on SEA

Institutional Trading of SEA

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Fred Alger Management LLC raised its holdings in SEA by 22.1% during 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 purchasing an additional 521,782 shares in the last quarter. Charles Lim Capital Ltd raised its stake 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 worth $95,678,000 after purchasing an additional 475,000 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in SEA by 24.4% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock worth $228,549,000 after purchasing an additional 350,840 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new position in shares of SEA during the 4th quarter worth approximately $26,282,000. Finally, State of Tennessee Department of Treasury lifted its holdings in 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. 59.53% of the stock is currently owned by institutional investors and hedge funds.

About SEA

(Get Free Report)

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.

See Also

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

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