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 stock in a transaction on Monday, October 26th. The shares were sold at an average price of $73.77, for a total value of $59,016.00. Following the completion of the transaction, the insider owned 72,780 shares of the company’s stock, valued at $5,368,980.60. This trade represents a 1.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, October 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $76.33, for a total value of $61,064.00.
• On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $81.61, for a total transaction of $65,288.00.
• On Monday, October 19th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was 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 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 shares were sold at an average price of $95.15, for a total value of $95,150.00.

SEA Price Performance

Shares of SE opened at $73.95 on Tuesday. The company has a market capitalization of $45.19 billion, a price-to-earnings ratio of 28.55, a P/E/G ratio of 0.76 and a beta of 1.54. Sea Limited Sponsored ADR has a fifty-two week low of $71.53 and a fifty-two week high of $164.03. 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 business’s 50-day moving average is $102.50 and its 200-day moving average is $100.20.

SEA (NYSE:SE) last posted its quarterly earnings results 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 company had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%. The business’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.65 earnings per share. Equities research analysts expect that Sea Limited Sponsored ADR will post 2.91 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on SE shares. Wall Street Zen upgraded shares of SEA from a “hold” rating to a “buy” rating in a research report on Saturday. New Street Research cut shares of SEA from a “buy” rating to a “neutral” rating and set a $70.00 price target on the stock. in a report on Monday. Barclays upped their price target on shares of SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Finally, Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, SEA has a consensus rating of “Moderate Buy” and an average price target of $142.18.

Hedge Funds Weigh In On SEA

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SE. Grove Bank & Trust raised its position in SEA by 53.9% during the third quarter. Grove Bank & Trust now owns 614 shares of the Internet company based in Singapore’s stock valued at $60,000 after acquiring an additional 215 shares in the last quarter. Cornerstone Planning Group LLC grew its position in 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 worth $70,000 after acquiring an additional 174 shares in the last quarter. Independence Bank of Kentucky increased its stake in shares of SEA by 611.1% during the 2nd quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore’s stock worth $123,000 after purchasing an additional 1,100 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in shares of SEA during the 3rd quarter worth $206,000. Finally, HB Wealth Management LLC acquired a new position in shares of SEA during the 2nd quarter worth $203,000. Institutional investors own 59.53% of the company’s stock.

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.