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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $92.59, for a total transaction of $92,590.00. Following the sale, the insider owned 48,200 shares in the company, valued at approximately $4,462,838. This represents a 2.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, June 25th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $90.22, for a total transaction of $90,220.00.
• 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 value of $67,512.00.
• On Friday, June 5th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $87.20, for a total value of $69,760.00.
• On Wednesday, June 3rd, Yanjun Wang sold 800 shares of SEA stock. The stock was 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 shares were 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 stock was 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 shares were sold at an average price of $87.87, for a total transaction 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 transaction of $69,072.00.

SEA Stock Performance

NYSE:SE opened at $102.72 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.58. The stock has a market capitalization of $62.77 billion, a PE ratio of 40.44, a P/E/G ratio of 1.10 and a beta of 1.55. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The company has a fifty day moving average of $89.16 and a two-hundred day moving average of $100.44.

SEA (NYSE:SE) last announced its earnings results 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 net margin of 6.41% and a return on equity of 14.12%. The company had revenue of $7.10 billion during the quarter, compared to analyst estimates of $6.46 billion. During the same quarter last year, the business earned $0.65 EPS. The firm’s revenue for the quarter was up 46.6% compared to the same quarter last year. As a group, research analysts forecast that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current fiscal year.

Hedge Funds Weigh In On SEA

Large investors have recently made changes to their positions in the stock. Woodline Partners LP acquired a new stake in SEA in the 1st quarter valued at approximately $4,028,000. BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of SEA by 248.7% during the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore’s stock worth $6,268,000 after buying an additional 27,953 shares during the period. Captrust Financial Advisors boosted its position in shares of SEA by 4.2% during the second quarter. Captrust Financial Advisors now owns 27,188 shares of the Internet company based in Singapore’s stock worth $4,348,000 after buying an additional 1,084 shares during the period. State of Tennessee Department of Treasury grew its stake in shares of SEA by 5.4% in the second quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore’s stock valued at $86,880,000 after buying an additional 27,964 shares in the last quarter. Finally, Morse Asset Management Inc grew its stake in shares of SEA by 21.1% in the second quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore’s stock valued at $1,946,000 after buying an additional 2,121 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on SE shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. TD Cowen boosted their price target on shares of SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research report on Wednesday, May 13th. Morgan Stanley set a $121.00 price objective on shares of SEA and gave the company an “overweight” rating in a research note on Friday, March 13th. Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Finally, Bank of America reissued a “buy” rating and issued a $125.00 target price on shares of SEA in a research note on Monday, March 9th. One 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 stock. Based on data from MarketBeat.com, SEA currently has a consensus rating of “Moderate Buy” and a consensus target price of $155.54.

SEA Company Profile

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.