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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $81.61, for a total transaction of $65,288.00. Following the completion of the sale, the insider owned 75,980 shares in the company, valued at $6,200,727.80. The trade was a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, October 19th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were 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.
• 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 shares were 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 shares were 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 shares were 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 stock was sold at an average price of $98.65, for a total value of $98,650.00.

SEA Stock Performance

Shares of NYSE SE opened at $77.89 on Thursday. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $47.59 billion, a price-to-earnings ratio of 30.07, a PEG ratio of 0.82 and a beta of 1.54. The stock’s fifty day simple moving average is $105.15 and its 200 day simple moving average is $98.63. Sea Limited Sponsored ADR has a 52-week low of $75.99 and a 52-week high of $164.03.

SEA (NYSE:SE) last announced its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). SEA had a return on equity of 13.54% and a net margin of 5.98%. The company had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period last year, the firm earned $0.65 earnings per share. The firm’s revenue for the quarter was up 48.3% on a year-over-year basis. As a group, sell-side analysts forecast that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

Institutional Trading of SEA

Several hedge funds and other institutional investors have recently modified their holdings of SE. Eagle Rock Investment Company LLC purchased a new position in shares of SEA during the third quarter valued at $210,000. Crossmark Global Holdings Inc. raised its position in SEA by 19.8% during the third quarter. Crossmark Global Holdings Inc. now owns 20,129 shares of the Internet company based in Singapore’s stock valued at $1,960,000 after buying an additional 3,329 shares during the period. Bank Pictet & Cie Europe AG lifted its stake in SEA by 21.5% in the 3rd quarter. Bank Pictet & Cie Europe AG now owns 116,811 shares of the Internet company based in Singapore’s stock worth $11,406,000 after acquiring an additional 20,680 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in SEA by 1.6% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 43,439 shares of the Internet company based in Singapore’s stock worth $4,229,000 after acquiring an additional 700 shares in the last quarter. Finally, Abel Hall LLC purchased a new stake in SEA in the 3rd quarter worth about $217,000. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on SE. Weiss Ratings raised SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. TD Cowen reaffirmed a “hold” rating on shares of SEA in a research note on Monday, August 17th. Zacks Research raised shares of SEA from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a report on Monday, July 20th. Finally, Royal Bank Of Canada upgraded shares of SEA from a “sector perform” rating to a “buy” rating in a report on Tuesday, September 8th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $149.40.

More SEA News

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Sea is preparing to launch Sea Cloud, an AI-focused enterprise platform built on the infrastructure supporting Shopee, Garena and Monee. The initiative could create a new growth opportunity by commercializing the company’s technology capabilities. Sea Stock Trades Down, Here Is Why
• Positive Sentiment: Sea is considering an initial public offering or potential spin-off of its digital financial-services division, Monee. A separate listing could highlight the unit’s value, provide funding for expansion and give investors greater transparency into the business. Sea CEO Says Monee Could Go Public
• Neutral Sentiment: Investor attention toward Sea has increased, with Zacks highlighting the stock as a trending name. However, the report does not identify a definitive new earnings or valuation catalyst. Is Trending Stock Sea a Buy Now?
• Neutral Sentiment: Unusually active options trading included purchases of 11,763 call contracts, above typical daily volume. This may indicate speculative bullish interest, but it does not necessarily translate into sustained buying of the shares.
• Negative Sentiment: The proposed Sea Cloud launch and possible Monee IPO appear to have raised concerns about management focus, added investment requirements and execution risk. Investors may also be uncertain about the timing and valuation of any Monee transaction. Sea Stock Trades Down, Here Is Why
• Negative Sentiment: Insider selling added pressure: CFO Tianyu Hou sold 10,000 shares for approximately $890,300, reducing his holdings by 22.2%. Director Yanjun Wang also sold a combined 1,800 shares in two transactions. While these sales may be planned, repeated insider selling can weaken investor confidence. SEC Insider Filing

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.