Insider Selling: SEA (NYSE:SE) Insider Sells $98,650.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of SEA stock in a transaction on Monday, September 28th. The stock was sold at an average price of $98.65, for a total value of $98,650.00. Following the transaction, the insider owned 90,780 shares in the company, valued at approximately $8,955,447. This represents a 1.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $97.67, for a total transaction of $97,670.00.
• On Friday, September 25th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $100.04, for a total transaction of $120,048.00.
• 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 transaction 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 transaction of $122,400.00.
• On Thursday, September 17th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $101.55, for a total transaction 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 transaction 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 transaction 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 transaction of $129,588.00.
• On Wednesday, September 9th, Yanjun Wang sold 1,320 shares of SEA stock. The shares were sold at an average price of $108.88, for a total transaction of $143,721.60.
• On Tuesday, September 8th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $112.75, for a total transaction of $169,125.00.

SEA Trading Down 2.2%

SE opened at $95.25 on Friday. The stock has a market capitalization of $58.20 billion, a PE ratio of 36.78, a P/E/G ratio of 0.99 and a beta of 1.54. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $193.48. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. The business’s 50 day moving average price is $110.62 and its 200 day moving average price is $97.55.

SEA (NYSE:SE) last posted its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.16). SEA had a return on equity of 13.54% and a net margin of 5.98%.The business had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period last year, the business earned $0.65 EPS. SEA’s revenue was up 48.3% compared to the same quarter last year. As a group, equities research analysts expect that Sea Limited Sponsored ADR will post 2.91 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SE shares. Morgan Stanley reissued an “overweight” rating and set a $153.00 price objective on shares of SEA in a research report on Thursday, August 13th. Benchmark increased their target price on shares of SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Arete Research set a $152.00 price target on shares of SEA and gave the company a “buy” rating in a research report on Monday, September 7th. Royal Bank Of Canada upgraded shares of SEA from a “sector perform” rating to a “buy” rating in a research report on Tuesday, September 8th. Finally, Barclays boosted their price target on shares of SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $149.40.

Institutional Investors Weigh In On SEA

A number of institutional investors have recently modified their holdings of SE. SG Americas Securities LLC lifted its stake 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 worth $135,999,000 after acquiring an additional 88,431 shares in the last quarter. Carrhae Capital LLP acquired a new position in SEA in the 2nd quarter valued at about $140,501,000. Baird Financial Group Inc. grew its position in SEA by 6.2% in the 2nd quarter. Baird Financial Group Inc. now owns 879,107 shares of the Internet company based in Singapore’s stock valued at $84,245,000 after acquiring an additional 50,965 shares in the last quarter. Charles Lim Capital Ltd increased its stake in SEA by 172.7% during the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock worth $95,678,000 after purchasing an additional 475,000 shares during the period. Finally, Carmignac Gestion increased its stake in SEA by 2.2% during the second quarter. Carmignac Gestion now owns 651,818 shares of the Internet company based in Singapore’s stock worth $62,349,000 after purchasing an additional 14,242 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.

About SEA

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.