Insider Selling: SEA (NYSE:SE) Insider Sells $169,995.00 in Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 1,500 shares of the company’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $113.33, for a total transaction of $169,995.00. Following the sale, the insider owned 38,500 shares of the company’s stock, valued at $4,363,205. This trade represents a 3.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Monday, July 13th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $112.35, for a total value of $168,525.00.
  • On Thursday, July 9th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $107.85, for a total value of $129,420.00.
  • On Monday, July 6th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $104.67, for a total value of $125,604.00.
  • On Wednesday, July 1st, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $100.60, for a total value of $120,720.00.
  • On Monday, June 29th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $92.59, for a total value of $92,590.00.
  • On Thursday, June 25th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $90.22, for a total value of $90,220.00.
  • On Wednesday, June 10th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $82.36, for a total value of $65,888.00.
  • On Monday, June 8th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $84.39, for a total value of $67,512.00.
  • On Friday, June 5th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $87.20, for a total value of $69,760.00.
  • On Wednesday, June 3rd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $90.53, for a total value of $72,424.00.

SEA Trading Down 4.6%

Shares of SEA stock opened at $106.24 on Friday. The company’s fifty day simple moving average is $93.53 and its 200-day simple moving average is $99.29. The company has a market cap of $64.92 billion, a price-to-earnings ratio of 41.83, a PEG ratio of 1.07 and a beta of 1.55. The company has a current ratio of 1.58, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $199.30.

SEA (NYSE:SEGet Free Report) last released its earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.08). SEA had a net margin of 6.41% and a return on equity of 14.12%. The company had revenue of $7.10 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same quarter in the previous year, the company earned $0.65 earnings per share. SEA’s revenue for the quarter was up 46.6% compared to the same quarter last year. As a group, sell-side analysts expect that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

Institutional Investors Weigh In On SEA

Several large investors have recently modified their holdings of SE. Zions Bancorporation National Association UT raised its holdings in shares of SEA by 539.6% in the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after buying an additional 259 shares in the last quarter. Holos Integrated Wealth LLC acquired a new stake in SEA in the 4th quarter valued at $44,000. Cornerstone Planning Group LLC boosted its stake in SEA by 461.5% in the 4th quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore’s stock valued at $83,000 after buying an additional 540 shares in the last quarter. Oarsman Capital Inc. bought a new stake in SEA in the third quarter valued at $201,000. Finally, Cullen Frost Bankers Inc. grew its position in SEA by 102.5% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock valued at $144,000 after acquiring an additional 573 shares during the period. 59.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on SE. Weiss Ratings reiterated a “hold (c-)” rating on shares of SEA in a research note on Friday, March 27th. Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. JPMorgan Chase & Co. cut their price target on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. Finally, Barclays lifted their price objective on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. One equities research 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, the company currently has a consensus rating of “Moderate Buy” and an average target price of $155.54.

View Our Latest Stock Report on SEA

SEA Company Profile

(Get Free Report)

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.

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

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