SEA (NYSE:SE) Insider Sells $168,525.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,500 shares of the stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $112.35, for a total transaction of $168,525.00. Following the completion of the sale, the insider owned 37,000 shares of the company’s stock, valued at approximately $4,156,950. This represents a 3.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Friday, July 10th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.33, for a total transaction of $169,995.00.
• On Thursday, July 9th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $107.85, for a total transaction of $129,420.00.
• On Monday, July 6th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $104.67, for a total transaction of $125,604.00.
• On Wednesday, July 1st, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $100.60, for a total transaction of $120,720.00.
• On Monday, June 29th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $92.59, for a total transaction of $92,590.00.
• 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 value 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 shares were sold at an average price of $90.53, for a total value of $72,424.00.

SEA Stock Performance

Shares of SEA stock opened at $106.24 on Friday. The business’s fifty day simple moving average is $93.53 and its 200 day simple moving average is $99.29. The firm has a market capitalization of $64.92 billion, a P/E ratio of 41.83, a price-to-earnings-growth ratio of 1.07 and a beta of 1.55. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $199.30. The company has a current ratio of 1.58, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05.

SEA (NYSE:SE) last posted its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.75 by ($0.08). The business had revenue of $7.10 billion during the quarter, compared to analysts’ expectations of $6.46 billion. SEA had a return on equity of 14.12% and a net margin of 6.41%.The firm’s revenue for the quarter was up 46.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.65 EPS. As a group, analysts anticipate that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

Institutional Investors Weigh In On SEA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SE. Zions Bancorporation National Association UT lifted its holdings in SEA by 539.6% during 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 purchasing an additional 259 shares during the last quarter. Holos Integrated Wealth LLC bought a new stake in shares of SEA in the fourth quarter valued at approximately $44,000. Cornerstone Planning Group LLC lifted its stake in shares of SEA by 26.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after buying an additional 174 shares in the last quarter. Cullen Frost Bankers Inc. grew its stake in SEA by 102.5% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock valued at $144,000 after buying an additional 573 shares in the last quarter. Finally, Osbon Capital Management LLC purchased a new position in SEA in the 4th quarter valued at approximately $175,000. 59.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Zacks Research raised shares of SEA from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Jefferies Financial Group restated a “buy” rating on shares of SEA in a report on Tuesday, May 12th. JPMorgan Chase & Co. lowered their price objective on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Weiss Ratings reiterated a “hold (c-)” rating on shares of SEA in a research note on Friday, March 27th. Finally, Barclays increased their target price on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, SEA presently has a consensus rating of “Moderate Buy” and an average target price of $155.54.

About SEA

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.