Yanjun Wang Sells 1,200 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,200 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $105.39, for a total transaction of $126,468.00. Following the completion of the transaction, the insider directly owned 20,200 shares of the company’s stock, valued at approximately $2,128,878. This trade represents a 5.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Wednesday, July 29th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $108.70, for a total transaction of $163,050.00.
• On Monday, July 20th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $106.50, for a total value of $127,800.00.
• On Monday, July 27th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $104.08, for a total value of $124,896.00.
• On Friday, July 24th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $99.65, for a total value of $119,580.00.
• On Monday, July 13th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.35, for a total value of $168,525.00.
• On Friday, July 10th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.33, for a total value of $169,995.00.
• On Thursday, July 9th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $107.85, for a total value 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 shares were sold at an average price of $92.59, for a total transaction of $92,590.00.

SEA Stock Performance

SEA stock opened at $111.53 on Wednesday. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year 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. The firm has a market capitalization of $68.15 billion, a PE ratio of 43.91, a price-to-earnings-growth ratio of 1.07 and a beta of 1.54. The firm’s 50 day simple moving average is $98.01 and its 200 day simple moving average is $96.87.

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

Hedge Funds Weigh In On SEA

A number of large investors have recently added to or reduced their stakes in SE. Zions Bancorporation National Association UT boosted its position 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 buying an additional 259 shares during the period. Cornerstone Planning Group LLC lifted its stake in shares of SEA by 26.5% in 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 acquiring an additional 174 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in shares of 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 acquiring an additional 573 shares during the last quarter. Osbon Capital Management LLC purchased a new stake in SEA during the 4th quarter valued at about $175,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in SEA by 43.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the Internet company based in Singapore’s stock valued at $206,000 after acquiring an additional 751 shares during the period. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on SE shares. Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a report on Monday, July 20th. TD Cowen lowered their target price on shares of SEA from $108.00 to $100.00 and set a “hold” rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. lowered their target price on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Barclays lifted 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. Finally, Jefferies Financial Group reissued a “buy” rating on shares of SEA in a report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, SEA has a consensus rating of “Moderate Buy” and an average price target of $154.81.

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.