SEA (NYSE:SE) Insider Yanjun Wang Sells 1,000 Shares of Company Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, September 28th. The shares were sold at an average price of $98.65, for a total transaction of $98,650.00. Following the completion of the transaction, the insider owned 91,780 shares of the company’s stock, valued at approximately $9,054,097. This trade represents a 1.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Friday, September 25th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $100.04, for a total transaction of $120,048.00.
• On Wednesday, September 23rd, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $102.76, for a total value of $123,312.00.
• On Monday, September 21st, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $102.00, for a total transaction of $122,400.00.
• On Thursday, September 17th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $101.55, for a total value of $121,860.00.
• On Tuesday, September 15th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $103.84, for a total value of $124,608.00.
• On Monday, September 14th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $108.32, for a total value of $162,480.00.
• On Thursday, September 10th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $107.99, for a total value of $129,588.00.
• On Wednesday, September 9th, Yanjun Wang sold 1,320 shares of SEA stock. The stock was sold at an average price of $108.88, for a total transaction of $143,721.60.
• On Tuesday, September 8th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.75, for a total transaction of $169,125.00.
• On Friday, September 4th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.29, for a total value of $169,935.00.

SEA Stock Performance

Shares of SE opened at $98.95 on Tuesday. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $193.48. The stock’s fifty day moving average price is $111.02 and its two-hundred day moving average price is $97.32. The firm has a market cap of $60.46 billion, a PE ratio of 38.20, a PEG ratio of 1.00 and a beta of 1.51. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48.

SEA (NYSE:SE) last released its quarterly earnings data 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 business had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. SEA’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same period last year, the company earned $0.65 earnings per share. On average, equities research analysts forecast that Sea Limited Sponsored ADR will post 2.91 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. QRG Capital Management Inc. raised its position in shares of SEA by 15.7% in the second quarter. QRG Capital Management Inc. now owns 24,423 shares of the Internet company based in Singapore’s stock worth $2,340,000 after buying an additional 3,313 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of SEA by 14.1% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 9,579 shares of the Internet company based in Singapore’s stock valued at $918,000 after acquiring an additional 1,182 shares in the last quarter. MCF Advisors LLC raised its holdings in shares of SEA by 129.6% in the 2nd quarter. MCF Advisors LLC now owns 5,168 shares of the Internet company based in Singapore’s stock valued at $495,000 after acquiring an additional 2,917 shares in the last quarter. Whetstone Capital Advisors LLC bought a new stake in shares of SEA during the 2nd quarter valued at about $8,191,000. Finally, National Pension Service boosted its position in shares of SEA by 10.0% during the 2nd quarter. National Pension Service now owns 605,437 shares of the Internet company based in Singapore’s stock valued at $58,019,000 after acquiring an additional 54,819 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on SE shares. Morgan Stanley restated an “overweight” rating and set a $153.00 target price on shares of SEA in a research report on Thursday, August 13th. Zacks Research cut SEA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Benchmark increased their price objective on SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Finally, Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.40.

About SEA

Sea Limited is a Singapore-based technology company that operates digital consumer businesses across Southeast Asia, Taiwan and selected markets in Latin America and other regions. Founded in 2009, the company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in 2017 before completing its initial public offering on the New York Stock Exchange that year.

Sea’s principal businesses include Garena, a digital entertainment platform that publishes and develops online games and provides related digital content and services.