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, June 5th. The shares were sold at an average price of $87.20, for a total value of $69,760.00. Following the transaction, the insider owned 3,600 shares of the company’s stock, valued at $313,920. This trade represents a 18.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Wednesday, June 3rd, Yanjun Wang sold 800 shares of SEA stock. The shares were 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 shares were 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 value of $70,296.00.
• On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.34, for a total value of $69,072.00.
• On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.06, for a total value of $70,448.00.
• On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.58, for a total value of $70,864.00.
• On Wednesday, May 13th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $94.63, for a total value of $75,704.00.
• 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 value of $66,992.00.

SEA Stock Performance

Shares of SE opened at $84.90 on Wednesday. The stock has a 50-day simple moving average of $87.21 and a 200-day simple moving average of $105.42. 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 $51.88 billion, a PE ratio of 33.43, a PEG ratio of 0.88 and a beta of 1.57. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $199.30.

SEA (NYSE:SE) last announced 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). The company had revenue of $7.10 billion during the quarter, compared to analysts’ expectations of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. The business’s quarterly revenue was up 46.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.65 EPS. On average, analysts predict that Sea Limited Sponsored ADR will post 3.33 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. TD Cowen raised their target price on SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research report on Wednesday, May 13th. Weiss Ratings reissued a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. Barclays raised their target price on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Finally, JPMorgan Chase & Co. cut their target price on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $155.54.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Rathbones Group PLC increased its position in SEA by 39.7% during the first quarter. Rathbones Group PLC now owns 30,750 shares of the Internet company based in Singapore’s stock worth $2,546,000 after buying an additional 8,735 shares during the period. Parallel Advisors LLC increased its position in SEA by 8.5% during the first quarter. Parallel Advisors LLC now owns 6,045 shares of the Internet company based in Singapore’s stock worth $501,000 after buying an additional 474 shares during the period. EverSource Wealth Advisors LLC increased its position in SEA by 43.1% during the first quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the Internet company based in Singapore’s stock worth $206,000 after buying an additional 751 shares during the period. Entropy Technologies LP acquired a new position in SEA during the first quarter worth approximately $678,000. Finally, Andra AP fonden increased its position in SEA by 69.8% during the first quarter. Andra AP fonden now owns 60,100 shares of the Internet company based in Singapore’s stock worth $4,977,000 after buying an additional 24,700 shares during the period. Institutional investors and hedge funds 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.