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 company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $87.20, for a total value of $69,760.00. Following the transaction, the insider owned 3,600 shares of the company’s stock, valued at approximately $313,920. The trade was a 18.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• 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.
• On Monday, June 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $96.11, for a total transaction of $76,888.00.
• On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $91.98, for a total transaction of $73,584.00.
• On Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $89.45, for a total transaction of $71,560.00.
• On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $87.87, for a total transaction of $70,296.00.
• On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.34, for a total transaction of $69,072.00.
• On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.06, for a total transaction of $70,448.00.
• On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.58, for a total value of $70,864.00.
• On Wednesday, May 13th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $94.63, for a total value of $75,704.00.
• On Monday, May 11th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $83.74, for a total value of $66,992.00.

SEA Stock Down 2.3%

SE opened at $84.57 on Tuesday. The stock’s 50 day moving average price is $87.07 and its 200 day moving average price is $105.84. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The stock has a market cap of $51.68 billion, a P/E ratio of 33.30, a P/E/G ratio of 0.90 and a beta of 1.57. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $199.30.

SEA (NYSE:SE) last announced its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.08). The business had revenue of $7.10 billion for the quarter, compared to analyst estimates of $6.46 billion. SEA had a return on equity of 14.12% and a net margin of 6.41%.The company’s revenue was up 46.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.65 EPS. As a group, research analysts predict that Sea Limited Sponsored ADR will post 3.33 earnings per share for the current year.

Hedge Funds Weigh In On SEA

Hedge funds have recently made changes to their positions in the business. Woodline Partners LP acquired a new stake in SEA during the first quarter valued at approximately $4,028,000. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in SEA by 248.7% during the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore’s stock worth $6,268,000 after buying an additional 27,953 shares in the last quarter. Captrust Financial Advisors grew its position in SEA by 4.2% in the second quarter. Captrust Financial Advisors now owns 27,188 shares of the Internet company based in Singapore’s stock worth $4,348,000 after buying an additional 1,084 shares during the last quarter. State of Tennessee Department of Treasury increased its holdings in shares of SEA by 5.4% in the second quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore’s stock valued at $86,880,000 after buying an additional 27,964 shares in the last quarter. Finally, Morse Asset Management Inc increased its holdings in shares of SEA by 21.1% in the second quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore’s stock valued at $1,946,000 after buying an additional 2,121 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on SE shares. Barclays raised their target price on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Sanford C. Bernstein reduced their price target on shares of SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a research note on Wednesday, March 4th. TD Cowen increased their price objective on shares of SEA from $100.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. lowered their price objective on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Finally, Bank of America reissued a “buy” rating and set a $125.00 target price on shares of SEA in a report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $155.54.

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.