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

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 800 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $88.58, for a total value of $70,864.00. Following the sale, the insider owned 14,800 shares in the company, valued at approximately $1,310,984. The trade was a 5.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

  • 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.
  • On Friday, May 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.79, for a total value of $69,432.00.
  • On Wednesday, May 6th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.38, for a total value of $70,704.00.
  • On Monday, May 4th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.75, for a total value of $68,600.00.
  • On Friday, May 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.13, for a total value of $68,904.00.
  • On Wednesday, April 29th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $83.31, for a total value of $66,648.00.
  • On Monday, April 27th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.92, for a total value of $68,736.00.
  • On Friday, April 24th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $84.58, for a total value of $67,664.00.
  • On Wednesday, April 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.01, for a total value of $68,808.00.

SEA Price Performance

Shares of NYSE SE opened at $88.24 on Tuesday. The firm has a market capitalization of $53.91 billion, a P/E ratio of 34.74, a P/E/G ratio of 0.90 and a beta of 1.57. The company has a quick ratio of 1.56, a current ratio of 1.58 and a debt-to-equity ratio of 0.05. The stock’s 50-day simple moving average is $85.60 and its two-hundred day simple moving average is $112.29. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $199.30.

SEA (NYSE:SEGet Free Report) last announced its earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.08). The business had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. SEA had a return on equity of 14.12% and a net margin of 6.41%.SEA’s revenue was up 46.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.65 earnings per share. As a group, equities analysts anticipate that Sea Limited Sponsored ADR will post 3.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SE. JPMorgan Chase & Co. decreased their target price on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Sanford C. Bernstein decreased their target price on SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 4th. Jefferies Financial Group restated a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. Weiss Ratings restated a “hold (c-)” rating on shares of SEA in a research note on Friday, March 27th. Finally, Morgan Stanley set a $121.00 price objective on SEA and gave the company an “overweight” rating in a research report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $158.41.

View Our Latest Stock Report on SEA

Institutional Investors Weigh In On SEA

Several institutional investors have recently bought and sold shares of the stock. Fred Alger Management LLC boosted its holdings in SEA by 22.1% during the 3rd quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock valued at $515,894,000 after acquiring an additional 521,782 shares during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in SEA by 24.4% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock valued at $228,549,000 after acquiring an additional 350,840 shares during the period. SG Americas Securities LLC boosted its holdings in SEA by 5.7% during the 1st quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore’s stock valued at $135,999,000 after acquiring an additional 88,431 shares during the period. Charles Lim Capital Ltd boosted its holdings in SEA by 172.7% during the 4th quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock valued at $95,678,000 after acquiring an additional 475,000 shares during the period. Finally, State of Tennessee Department of Treasury boosted its holdings in SEA by 32.4% during the 4th quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore’s stock valued at $83,750,000 after acquiring an additional 175,746 shares during the period. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

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About SEA

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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