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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,200 shares of the firm’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $101.55, for a total value of $121,860.00. Following the sale, the insider directly owned 780 shares in the company, valued at approximately $79,209. The trade was a 60.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Tuesday, September 15th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was 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 shares were 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 stock was 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.
• 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 transaction of $169,935.00.
• On Wednesday, September 2nd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.48, for a total transaction of $168,720.00.
• On Monday, August 31st, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $114.07, for a total value of $171,105.00.
• On Friday, August 28th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $119.58, for a total value of $179,370.00.
• On Wednesday, August 26th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.81, for a total value of $179,715.00.

SEA Stock Up 0.7%

Shares of SE stock opened at $102.55 on Tuesday. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $195.48. The stock’s fifty day moving average price is $111.63 and its 200 day moving average price is $96.96. 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 company has a market cap of $62.66 billion, a price-to-earnings ratio of 39.59, a price-to-earnings-growth ratio of 1.02 and a beta of 1.51.

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

Analysts Set New Price Targets

A number of analysts recently commented on SE shares. Arete Research set a $152.00 target price on shares of SEA and gave the stock a “buy” rating in a research note on Monday, September 7th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a report on Monday, July 20th. TD Cowen reiterated a “hold” rating on shares of SEA in a research note on Monday, August 17th. Morgan Stanley reissued an “overweight” rating and set a $153.00 price objective on shares of SEA in a report on Thursday, August 13th. Finally, Zacks Research lowered SEA from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $149.40.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Raiffeisen Bank International AG lifted its holdings in SEA by 1.8% in the 2nd quarter. Raiffeisen Bank International AG now owns 6,405 shares of the Internet company based in Singapore’s stock valued at $595,000 after purchasing an additional 115 shares in the last quarter. SlateStone Wealth LLC grew its holdings in shares of SEA by 0.5% during the fourth quarter. SlateStone Wealth LLC now owns 31,098 shares of the Internet company based in Singapore’s stock worth $3,967,000 after buying an additional 150 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of SEA by 6.6% during the second quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore’s stock worth $262,000 after buying an additional 170 shares in the last quarter. Cornerstone Planning Group LLC raised its position in shares of SEA by 26.5% in the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after buying an additional 174 shares during the last quarter. Finally, Dorsey Wright & Associates raised its position in shares of SEA by 2.3% in the fourth quarter. Dorsey Wright & Associates now owns 13,016 shares of the Internet company based in Singapore’s stock valued at $1,660,000 after buying an additional 298 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

About SEA

Sea Limited (NYSE: SE) is a Singapore-based global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.

Garena, Sea’s digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.

Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.