SEA (NYSE:SE) Insider Sells 1,000 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,000 shares of the stock in a transaction that occurred on Wednesday, October 14th. The stock was sold at an average price of $95.49, for a total value of $95,490.00. Following the completion of the sale, the insider owned 79,780 shares in the company, valued at approximately $7,618,192.20. The trade was a 1.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • 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.
  • On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.37, for a total transaction of $95,370.00.
  • On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $94.91, for a total transaction of $94,910.00.
  • On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $97.27, for a total transaction of $97,270.00.
  • On Friday, October 2nd, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.15, for a total transaction of $95,150.00.
  • On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.67, for a total transaction of $97,670.00.
  • 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 transaction of $98,650.00.
  • 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 shares were 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 shares were sold at an average price of $102.00, for a total value of $122,400.00.

SEA Stock Down 0.6%

Shares of NYSE SE opened at $95.40 on Thursday. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $184.96. The firm has a market capitalization of $58.29 billion, a price-to-earnings ratio of 36.83, a PEG ratio of 0.98 and a beta of 1.54. The stock has a 50 day moving average price of $108.37 and a 200 day moving average price of $98.38. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49.

SEA (NYSE:SE – Get Free Report) 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 firm had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%. The company’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.65 earnings per share. Sell-side analysts expect that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Royal Bank Of Canada upgraded shares of SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. Weiss Ratings raised shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Barclays upped their target price on SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a report on Monday. Finally, Arete Research set a $152.00 price objective on SEA and gave the company a “buy” rating in a research report on Monday, September 7th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $149.40.

View Our Latest Research Report on SEA

Institutional Investors Weigh In On SEA

Institutional investors have recently bought and sold shares of the company. Grove Bank & Trust grew its stake in shares of SEA by 53.9% during the third quarter. Grove Bank & Trust now owns 614 shares of the Internet company based in Singapore’s stock worth $60,000 after acquiring an additional 215 shares during the last quarter. Cornerstone Planning Group LLC increased its holdings in shares of SEA by 26.5% during 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 acquiring an additional 174 shares in the last quarter. Independence Bank of Kentucky increased its holdings in shares of SEA by 611.1% during the second 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. Osbon Capital Management LLC acquired a new position in shares of SEA during the fourth quarter valued at about $175,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in shares of SEA in the 3rd quarter valued at approximately $206,000. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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