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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $88.89, for a total value of $71,112.00. Following the completion of the transaction, the insider owned 22,000 shares of the company’s stock, valued at $1,955,580. The trade was a 3.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Monday, April 13th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.75, for a total value of $68,600.00.
• On Friday, April 10th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.74, for a total value of $68,592.00.
• On Wednesday, April 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.62, for a total value of $69,296.00.
• On Monday, April 6th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $82.98, for a total value of $66,384.00.
• On Wednesday, April 1st, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $82.66, for a total value of $66,128.00.
• On Wednesday, March 25th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $81.96, for a total transaction of $65,568.00.
• On Monday, March 23rd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $80.12, for a total transaction of $64,096.00.
• On Friday, March 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $79.63, for a total transaction of $63,704.00.
• On Wednesday, March 18th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.10, for a total transaction of $68,080.00.

SEA Price Performance

SEA stock opened at $90.40 on Thursday. The company’s 50 day simple moving average is $93.70 and its 200-day simple moving average is $125.36. The company has a market capitalization of $53.26 billion, a price-to-earnings ratio of 35.87, a price-to-earnings-growth ratio of 0.79 and a beta of 1.69. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $199.30. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.57 and a current ratio of 1.58.

SEA (NYSE:SE) last posted its quarterly earnings data on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.28). SEA had a return on equity of 15.20% and a net margin of 6.93%.The company had revenue of $6.85 billion for the quarter, compared to analysts’ expectations of $6.42 billion. During the same period in the previous year, the business posted $0.39 EPS. The business’s revenue for the quarter was up 38.4% on a year-over-year basis. As a group, equities research analysts expect that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current year.

More SEA News

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Analyst/media upgrade and valuation argument — Seeking Alpha published a rating upgrade arguing SE’s recent price implies a bargain relative to growth (calls 22x P/E “a steal”), which can attract value and recovery buyers. Read More.
• Positive Sentiment: Momentum / media coverage — Yahoo/other write?ups highlighting a recent double?digit rebound have likely drawn short?term buying and momentum flows into SE. Read More.
• Neutral Sentiment: Analyst backdrop remains supportive — Multiple brokerages still rate SE a buy on growth potential; MarketBeat shows a consensus “Moderate Buy” and an elevated average target, which underpins longer?term investor interest.
• Neutral Sentiment: Institutional positioning — Hedge funds and institutional holders have been active (some recent buys reported), meaning moves can be amplified by block trading and rebalancing. Read More.
• Negative Sentiment: Large director selling — Director David Y. Ma sold large blocks (multiple trades totalling hundreds of thousands of shares across April), materially reducing his stake and raising headline risk that pressures sentiment. SEC filing: Read More.
• Negative Sentiment: COO and other insider sales — COO Gang Ye executed multiple 10,000?share sales and other insiders (Jingye Chen, Yanjun Wang) have repeatedly sold small tranches; the cluster of insider liquidations feeds a narrative of management monetization. SEC filing (COO): Read More.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a $150.00 price objective on shares of SEA in a research note on Tuesday, March 3rd. Weiss Ratings reissued a “hold (c-)” rating on shares of SEA in a research note on Friday, March 27th. Wedbush lowered their target price on SEA from $190.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, December 19th. Barclays cut their price target on shares of SEA from $226.00 to $120.00 and set an “overweight” rating on the stock in a research note on Thursday, March 5th. Finally, Bank of America reissued a “buy” rating and set a $125.00 price target on shares of SEA in a research report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $166.83.

Hedge Funds Weigh In On SEA

A number of institutional investors and hedge funds have recently made changes to their positions in SE. Venturi Wealth Management LLC grew its position in shares of SEA by 1.9% during the 4th quarter. Venturi Wealth Management LLC now owns 5,208 shares of the Internet company based in Singapore’s stock valued at $664,000 after buying an additional 98 shares during the last quarter. Belpointe Asset Management LLC lifted its holdings in SEA by 1.8% in the third quarter. Belpointe Asset Management LLC now owns 5,779 shares of the Internet company based in Singapore’s stock worth $1,033,000 after acquiring an additional 103 shares during the last quarter. Rothschild Investment LLC boosted its stake in SEA by 114.0% in the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after acquiring an additional 106 shares during the period. GAMMA Investing LLC grew its holdings in shares of SEA by 4.8% during the third quarter. GAMMA Investing LLC now owns 3,112 shares of the Internet company based in Singapore’s stock valued at $556,000 after purchasing an additional 142 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its holdings in shares of SEA by 2,860.0% during the third quarter. Salomon & Ludwin LLC now owns 148 shares of the Internet company based in Singapore’s stock valued at $27,000 after purchasing an additional 143 shares during the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.

SEA Company Profile

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.