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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the business’s stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $74.69, for a total value of $59,752.00. Following the sale, the insider directly owned 71,180 shares in the company, valued at $5,316,434.20. This trade represents a 1.11% 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 Monday, October 26th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $73.77, for a total value of $59,016.00.
• On Thursday, October 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $76.33, for a total transaction of $61,064.00.
• On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $81.61, for a total transaction of $65,288.00.
• On Monday, October 19th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $90.37, for a total value of $90,370.00.
• On Friday, October 16th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.43, for a total value of $95,430.00.
• On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.49, for a total value of $95,490.00.
• On Monday, October 12th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.87, for a total transaction of $95,870.00.
• On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.37, for a total transaction of $95,370.00.
• On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $94.91, for a total transaction of $94,910.00.
• On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.27, for a total value of $97,270.00.

SEA Stock Performance

Shares of NYSE SE opened at $74.28 on Friday. The business’s 50-day moving average price is $99.06 and its two-hundred day moving average price is $99.02. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48. Sea Limited Sponsored ADR has a one year low of $71.53 and a one year high of $159.80. The company has a market capitalization of $45.39 billion, a P/E ratio of 28.68, a price-to-earnings-growth ratio of 0.79 and a beta of 1.54.

SEA (NYSE:SE) last announced its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.16). The firm had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The company’s quarterly revenue was up 48.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.65 EPS. Analysts anticipate that Sea Limited Sponsored ADR will post 2.88 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SE has been the subject of a number of recent analyst reports. Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Benchmark increased their price target on shares of SEA from $140.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. JPMorgan Chase & Co. cut their price objective on shares of SEA from $173.00 to $149.00 and set an “overweight” rating for the company in a research report on Wednesday. Barclays raised their price objective on SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Finally, Arete Research raised SEA from a “neutral” rating to a “buy” rating and set a $152.00 target price for the company in a research report on Monday, September 7th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, SEA has a consensus rating of “Moderate Buy” and an average price target of $140.91.

Institutional Trading of SEA

Several institutional investors and hedge funds have recently made changes to their positions in SE. Raiffeisen Bank International AG raised its holdings in shares of SEA by 1.8% during the second quarter. Raiffeisen Bank International AG now owns 6,405 shares of the Internet company based in Singapore’s stock valued at $595,000 after acquiring an additional 115 shares during the period. Bank Julius Baer & Co. Ltd Zurich lifted its holdings in shares of SEA by 0.9% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 16,837 shares of the Internet company based in Singapore’s stock valued at $1,659,000 after purchasing an additional 146 shares in the last quarter. Profund Advisors LLC boosted its position in shares of SEA by 3.2% in the third quarter. Profund Advisors LLC now owns 5,151 shares of the Internet company based in Singapore’s stock worth $502,000 after buying an additional 158 shares during the period. GAMMA Investing LLC boosted its position in shares of SEA by 6.6% in the second quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore’s stock worth $262,000 after buying an additional 170 shares during the period. Finally, Cornerstone Planning Group LLC raised its position in SEA by 26.5% during the first 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 during the period. Institutional investors own 59.53% of the company’s stock.

About SEA

Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.

Through Shopee, Sea’s e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.

SeaMoney is the company’s digital financial services division.