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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of the stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $95.43, for a total value of $95,430.00. Following the transaction, the insider owned 77,780 shares of the company’s stock, valued at approximately $7,422,545.40. This trade represents a 1.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.49, for a total value of $95,490.00.
• On Monday, October 12th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.87, for a total value of $95,870.00.
• On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.37, for a total value of $95,370.00.
• On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $94.91, for a total value of $94,910.00.
• On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.27, for a total value 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 value 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 value of $97,670.00.
• On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $98.65, for a total value 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 value 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 value of $123,312.00.

SEA Trading Down 5.4%

NYSE SE opened at $88.71 on Tuesday. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $171.09. 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 stock’s 50 day moving average price is $107.19 and its two-hundred day moving average price is $98.67. The stock has a market capitalization of $54.21 billion, a price-to-earnings ratio of 34.25, a PEG ratio of 0.96 and a beta of 1.54.

SEA (NYSE:SE) last issued its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share 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 the consensus estimate of $7.12 billion. During the same period in the prior year, the business earned $0.65 earnings per share. SEA’s revenue was up 48.3% compared to the same quarter last year. As a group, analysts anticipate that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on SE shares. Sanford C. Bernstein restated an “outperform” rating on shares of SEA in a report on Monday, July 20th. Arete Research set a $152.00 price target on shares of SEA and gave the company a “buy” rating in a research note on Monday, September 7th. Benchmark lifted their price target on shares of SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Royal Bank Of Canada raised shares of SEA from a “sector perform” rating to a “buy” rating in a research report on Tuesday, September 8th. Finally, Zacks Research upgraded shares of SEA from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $149.40.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SE. Abel Hall LLC bought a new stake in shares of SEA during the 3rd quarter worth approximately $217,000. IFP Advisors Inc boosted its holdings in shares of SEA by 11.6% in the 3rd quarter. IFP Advisors Inc now owns 4,061 shares of the Internet company based in Singapore’s stock valued at $395,000 after buying an additional 421 shares during the last quarter. Banque Pictet & Cie SA boosted its holdings in shares of SEA by 6.6% in the 3rd quarter. Banque Pictet & Cie SA now owns 283,921 shares of the Internet company based in Singapore’s stock valued at $27,644,000 after buying an additional 17,657 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of SEA by 80.6% in the third quarter. Assenagon Asset Management S.A. now owns 563,692 shares of the Internet company based in Singapore’s stock valued at $54,881,000 after buying an additional 251,517 shares in the last quarter. Finally, Ninety One North America Inc. acquired a new stake in SEA in the third quarter valued at $9,734,000. 59.53% of the stock is currently owned by institutional investors.

SEA Company Profile

Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.

Through Shopee, Sea’s e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.

SeaMoney is the company’s digital financial services division.