Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,500 shares of the company’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $114.07, for a total value of $171,105.00. Following the completion of the sale, the insider owned 17,100 shares of the company’s stock, valued at approximately $1,950,597. The trade was a 8.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Yanjun Wang also recently made the following trade(s):
- On Wednesday, September 2nd, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $112.48, for a total transaction of $168,720.00.
- On Friday, August 28th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $119.58, for a total transaction of $179,370.00.
- On Wednesday, August 26th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.81, for a total transaction of $179,715.00.
- On Monday, August 24th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $115.93, for a total transaction of $173,895.00.
- On Friday, August 21st, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $117.74, for a total transaction of $176,610.00.
- On Wednesday, August 19th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $117.90, for a total transaction of $176,850.00.
- On Monday, August 17th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $119.88, for a total value of $179,820.00.
- On Friday, August 14th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $122.24, for a total value of $183,360.00.
- On Wednesday, August 12th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $128.66, for a total value of $192,990.00.
- On Monday, August 10th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $114.58, for a total value of $171,870.00.
SEA Price Performance
NYSE:SE opened at $112.09 on Friday. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $199.30. The stock’s fifty day moving average is $111.11 and its two-hundred day moving average is $97.15. The company has a market capitalization of $68.49 billion, a P/E ratio of 43.28, a P/E/G ratio of 1.13 and a beta of 1.51. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.07.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the stock. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. Barclays increased their price objective on shares of SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a research report on Monday, July 20th. Benchmark upped their price target on SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Finally, TD Cowen restated a “hold” rating on shares of SEA in a research report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, SEA presently has a consensus rating of “Moderate Buy” and an average price target of $149.11.
Read Our Latest Stock Analysis on SE
Institutional Trading of SEA
Several hedge funds have recently made changes to their positions in the business. Zions Bancorporation National Association UT grew its holdings in shares of SEA by 539.6% in the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock valued at $39,000 after purchasing an additional 259 shares in the last quarter. Cornerstone Planning Group LLC lifted its holdings in SEA by 26.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after buying an additional 174 shares in the last quarter. Independence Bank of Kentucky boosted its position in SEA by 611.1% in the 2nd quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore’s stock valued at $123,000 after buying an additional 1,100 shares during the period. Cullen Frost Bankers Inc. boosted its position in SEA by 102.5% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock valued at $144,000 after buying an additional 573 shares during the period. Finally, Osbon Capital Management LLC purchased a new stake in shares of SEA during the fourth quarter worth $175,000. Institutional investors and hedge funds own 59.53% of the company’s stock.
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.
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