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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $80.82, for a total value of $64,656.00. Following the transaction, the insider directly owned 67,180 shares in the company, valued at approximately $5,429,487.60. This represents a 1.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Monday, November 2nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $76.79, for a total value of $61,432.00.
• On Friday, October 30th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $74.58, for a total value of $59,664.00.
• On Wednesday, October 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $74.69, for a total value of $59,752.00.
• On Monday, October 26th, Yanjun Wang sold 800 shares of SEA stock. The shares were 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 shares were 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 stock was sold at an average price of $90.37, for a total transaction 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 transaction of $95,430.00.
• On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.49, for a total transaction 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.

SEA Stock Performance

NYSE:SE traded down $0.20 during midday trading on Friday, reaching $75.43. The stock had a trading volume of 8,819,217 shares, compared to its average volume of 7,430,746. Sea Limited Sponsored ADR has a 1-year low of $71.53 and a 1-year high of $159.09. The firm’s fifty day simple moving average is $94.84 and its 200-day simple moving average is $97.82. 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 stock has a market capitalization of $46.09 billion, a P/E ratio of 29.12, a PEG ratio of 0.78 and a beta of 1.58.

SEA (NYSE:SE) last announced its 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 return on equity of 13.54% and a net margin of 5.98%. The business’s revenue was up 48.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.65 EPS. On average, equities research analysts forecast that Sea Limited Sponsored ADR will post 2.88 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SE. Provenance Wealth Advisors LLC grew its position in SEA by 1,511.1% during the third quarter. Provenance Wealth Advisors LLC now owns 290 shares of the Internet company based in Singapore’s stock worth $28,000 after buying an additional 272 shares in the last quarter. Grove Bank & Trust increased its stake in SEA by 53.9% during the third quarter. Grove Bank & Trust now owns 614 shares of the Internet company based in Singapore’s stock valued at $60,000 after acquiring an additional 215 shares during the period. Cornerstone Planning Group LLC raised its holdings in 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 in the last quarter. Allworth Financial LP raised its holdings in SEA by 28.5% in the 3rd quarter. Allworth Financial LP now owns 1,168 shares of the Internet company based in Singapore’s stock valued at $112,000 after acquiring an additional 259 shares in the last quarter. Finally, Independence Bank of Kentucky raised its holdings in SEA by 611.1% in the 2nd quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore’s stock valued at $123,000 after acquiring an additional 1,100 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on SE. New Street Research cut SEA from a “buy” rating to a “neutral” rating and set a $70.00 price objective for the company. in a research report on Monday, October 26th. TD Cowen reaffirmed a “hold” rating and issued a $115.00 target price (up from $100.00) on shares of SEA in a report on Monday, August 17th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a research report on Monday, July 20th. Benchmark raised their price objective 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. Finally, JPMorgan Chase & Co. lowered their price objective on shares of SEA from $173.00 to $149.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, SEA has a consensus rating of “Moderate Buy” and a consensus target price of $137.73.

SEA Company Profile

Sea Limited is a Singapore-based technology company operating digital entertainment, e-commerce and digital financial services businesses. Founded in 2009 as Garena, the company adopted the name Sea Limited in 2017.

Its digital entertainment business, Garena, publishes and develops online games and also provides a platform for users to access games and connect with other players. Shopee, Sea’s e-commerce platform, serves consumers and merchants in Southeast Asia and other markets, including Taiwan and parts of Latin America.

Sea also provides digital financial services through Monee, formerly known as SeaMoney.