Yanjun Wang Sells 800 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of SEA stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $82.66, for a total value of $66,128.00. Following the completion of the transaction, the insider directly owned 29,200 shares in the company, valued at approximately $2,413,672. This represents a 2.67% 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 link.

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

• On Wednesday, March 25th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $81.96, for a total transaction of $65,568.00.
• On Monday, March 23rd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $80.12, for a total transaction of $64,096.00.
• On Friday, March 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $79.63, for a total transaction of $63,704.00.
• On Wednesday, March 18th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.10, for a total transaction of $68,080.00.

SEA Trading Down 0.2%

NYSE:SE opened at $82.16 on Friday. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $199.30. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.57 and a current ratio of 1.58. The firm’s fifty day moving average is $98.94 and its 200-day moving average is $131.52. The firm has a market cap of $48.40 billion, a P/E ratio of 32.60, a P/E/G ratio of 0.76 and a beta of 1.69.

SEA (NYSE:SE) last announced its earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.28). The firm had revenue of $6.85 billion for the quarter, compared to the consensus estimate of $6.42 billion. SEA had a return on equity of 15.20% and a net margin of 6.93%.SEA’s quarterly revenue was up 38.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.39 EPS. Equities analysts expect that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current year.

Wall Street Analyst Weigh In

SE has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. Jefferies Financial Group reiterated a “buy” rating and issued a $150.00 target price on shares of SEA in a report on Tuesday, March 3rd. Wedbush dropped their price target on SEA from $190.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, December 19th. Zacks Research cut SEA from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 10th. Finally, Morgan Stanley set a $121.00 price objective on shares of SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $166.83.

Hedge Funds Weigh In On SEA

Institutional investors and hedge funds have recently made changes to their positions in the stock. Salomon & Ludwin LLC increased its position in SEA by 2,860.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 148 shares of the Internet company based in Singapore’s stock valued at $27,000 after buying an additional 143 shares in the last quarter. Sound Income Strategies LLC bought a new position in SEA in the third quarter worth approximately $29,000. Rothschild Investment LLC boosted its holdings in SEA by 114.0% in the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after acquiring an additional 106 shares in the last quarter. Zions Bancorporation National Association UT grew its stake in 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 acquiring an additional 259 shares during the period. Finally, Holos Integrated Wealth LLC acquired a new stake in SEA in the fourth quarter valued at approximately $44,000. Institutional investors own 59.53% of the company’s stock.

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.