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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $79.63, for a total value of $63,704.00. Following the sale, the insider directly owned 35,600 shares in the company, valued at $2,834,828. This trade represents a 2.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Monday, March 23rd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $80.12, for a total value of $64,096.00.
• On Wednesday, March 18th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.10, for a total value of $68,080.00.

SEA Stock Performance

Shares of SEA stock opened at $79.89 on Tuesday. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 0.04. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $199.30. The firm’s 50 day moving average is $106.66 and its two-hundred day moving average is $137.77. The firm has a market capitalization of $47.06 billion, a P/E ratio of 31.70, a P/E/G ratio of 0.73 and a beta of 1.59.

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

Wall Street Analyst Weigh In

SE has been the subject of several research analyst reports. Wedbush decreased their price objective on shares of SEA from $190.00 to $170.00 and set an “outperform” rating for the company in a research note on Friday, December 19th. Zacks Research downgraded SEA from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 10th. Barclays decreased their target price on SEA from $226.00 to $120.00 and set an “overweight” rating for the company in a research report on Thursday, March 5th. Weiss Ratings restated a “hold (c-)” rating on shares of SEA in a research note on Monday, December 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $150.00 price target on shares of SEA in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, SEA currently has an average rating of “Moderate Buy” and a consensus target price of $166.83.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SE. Salomon & Ludwin LLC raised its holdings in shares of SEA by 2,860.0% in the third 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 during the last quarter. Sound Income Strategies LLC purchased a new position in shares of SEA during the third quarter worth about $29,000. Rothschild Investment LLC grew its holdings in shares of SEA by 114.0% during the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after buying an additional 106 shares during the last quarter. Zions Bancorporation National Association UT increased its position in SEA by 539.6% in the 4th 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 position in SEA in the 4th quarter valued at about $44,000. 59.53% of the stock is currently owned by institutional investors and hedge funds.

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.