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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,200 shares of the business’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $100.04, for a total transaction of $120,048.00. Following the transaction, the insider owned 92,780 shares in the company, valued at $9,281,711.20. This represents a 1.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $98.65, for a total value of $98,650.00.
• On Wednesday, September 23rd, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $102.76, for a total value of $123,312.00.
• On Monday, September 21st, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $102.00, for a total value of $122,400.00.
• On Thursday, September 17th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $101.55, for a total value of $121,860.00.
• On Tuesday, September 15th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $103.84, for a total value of $124,608.00.
• On Monday, September 14th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $108.32, for a total value of $162,480.00.
• On Thursday, September 10th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $107.99, for a total value of $129,588.00.
• On Wednesday, September 9th, Yanjun Wang sold 1,320 shares of SEA stock. The stock was sold at an average price of $108.88, for a total value of $143,721.60.
• On Tuesday, September 8th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.75, for a total value of $169,125.00.
• On Friday, September 4th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.29, for a total value of $169,935.00.

SEA Trading Down 0.6%

Shares of SEA stock opened at $98.95 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48. The business has a fifty day simple moving average of $111.02 and a two-hundred day simple moving average of $97.32. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $193.48. The company has a market capitalization of $60.46 billion, a price-to-earnings ratio of 38.20, a P/E/G ratio of 1.00 and a beta of 1.51.

SEA (NYSE:SE) last released its quarterly earnings data 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 company had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. SEA’s revenue for the quarter was up 48.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.65 earnings per share. Research analysts forecast that Sea Limited Sponsored ADR will post 2.91 EPS for the current year.

Institutional Investors Weigh In On SEA

Institutional investors have recently made changes to their positions in the stock. Carrhae Capital LLP acquired a new stake in SEA in the second quarter valued at approximately $140,501,000. Charles Lim Capital Ltd boosted its stake 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 purchasing an additional 475,000 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in SEA during the 2nd quarter worth approximately $37,527,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of SEA in the second quarter worth approximately $12,410,000. Finally, Nykredit A S purchased a new stake in shares of SEA in the second quarter worth approximately $9,542,000. 59.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SE. TD Cowen restated a “hold” rating on shares of SEA in a report on Monday, August 17th. Zacks Research cut SEA from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Sanford C. Bernstein restated an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Barclays increased 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, Morgan Stanley reissued an “overweight” rating and set a $153.00 target price on shares of SEA in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, SEA presently has an average rating of “Moderate Buy” and a consensus target price of $149.40.

SEA Company Profile

Sea Limited is a Singapore-based technology company that operates digital consumer businesses across Southeast Asia, Taiwan and selected markets in Latin America and other regions. Founded in 2009, the company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in 2017 before completing its initial public offering on the New York Stock Exchange that year.

Sea’s principal businesses include Garena, a digital entertainment platform that publishes and develops online games and provides related digital content and services.