SEA (NYSE:SE) Insider Sells $72,424.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $90.53, for a total value of $72,424.00. Following the sale, the insider owned 5,200 shares in the company, valued at $470,756. This represents a 13.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, June 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $96.11, for a total value of $76,888.00.
• On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $91.98, for a total value of $73,584.00.
• On Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $89.45, for a total value of $71,560.00.
• On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $87.87, for a total value of $70,296.00.
• On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.34, for a total transaction of $69,072.00.
• On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.06, for a total transaction of $70,448.00.
• On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.58, for a total transaction of $70,864.00.
• 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 transaction 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 transaction 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 transaction of $69,432.00.

SEA Price Performance

SE stock opened at $89.54 on Thursday. The company has a fifty day moving average price of $86.61 and a 200-day moving average price of $107.04. The company has a market capitalization of $54.71 billion, a P/E ratio of 35.25, a PEG ratio of 0.97 and a beta of 1.57. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.58.

SEA (NYSE:SE) last released its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.08). The business had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. SEA’s revenue was up 46.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.65 EPS. As a group, equities analysts expect that Sea Limited Sponsored ADR will post 3.33 EPS for the current year.

Wall Street Analysts Forecast Growth

SE has been the subject of a number of recent analyst reports. Barclays increased 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. TD Cowen increased their target price on shares of SEA from $100.00 to $108.00 and gave the company a “hold” rating in a research report on Wednesday, May 13th. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. Bank of America reissued a “buy” rating and set a $125.00 target price on shares of SEA in a research report on Monday, March 9th. Finally, Morgan Stanley set a $121.00 target price on shares of SEA and gave the company an “overweight” rating in a research report on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $155.54.

Institutional Trading of SEA

Large investors have recently modified their holdings of the stock. Venturi Wealth Management LLC raised its stake in shares of SEA by 1.9% during the 4th quarter. Venturi Wealth Management LLC now owns 5,208 shares of the Internet company based in Singapore’s stock worth $664,000 after purchasing an additional 98 shares during the period. Rothschild Investment LLC raised its stake in shares of SEA by 114.0% during the 3rd quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after purchasing an additional 106 shares during the period. Cloud Capital Management LLC raised its stake in shares of SEA by 8.0% during the 4th quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore’s stock worth $255,000 after purchasing an additional 148 shares during the period. SlateStone Wealth LLC raised its stake in shares of SEA by 0.5% during the 4th quarter. SlateStone Wealth LLC now owns 31,098 shares of the Internet company based in Singapore’s stock worth $3,967,000 after purchasing an additional 150 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of SEA by 9.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the Internet company based in Singapore’s stock worth $328,000 after purchasing an additional 160 shares during the period. Institutional investors and hedge funds own 59.53% of the company’s stock.

About SEA

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.