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 SEA stock in a transaction that occurred on Wednesday, October 7th. The shares were sold at an average price of $94.91, for a total value of $94,910.00. Following the transaction, the insider directly owned 84,780 shares in the company, valued at approximately $8,046,469.80. The trade was a 1.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were 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.
• On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $97.67, for a total value of $97,670.00.
• On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $98.65, for a total transaction of $98,650.00.
• 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 shares were sold at an average price of $102.76, for a total transaction 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 transaction of $121,860.00.
• On Tuesday, September 15th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $103.84, for a total transaction 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 transaction of $162,480.00.

SEA Price Performance

SEA stock opened at $95.37 on Friday. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $189.78. The company’s 50 day moving average price is $109.37 and its two-hundred day moving average price is $97.93. The stock has a market cap of $58.27 billion, a P/E ratio of 36.82, a P/E/G ratio of 0.95 and a beta of 1.54. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.07.

SEA (NYSE:SE) last released its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.16). The business had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The business’s revenue was up 48.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.65 earnings per share. On average, equities analysts predict that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on SE shares. TD Cowen reiterated a “hold” rating on shares of SEA in a research note on Monday, August 17th. Zacks Research lowered shares of SEA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Barclays raised their price objective on shares of SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Arete Research set a $152.00 price objective on shares of SEA and gave the stock a “buy” rating in a research report on Monday, September 7th. Finally, Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $149.40.

Institutional Trading of SEA

Hedge funds and other institutional investors have recently modified their holdings of the business. Grove Bank & Trust raised its holdings in SEA by 53.9% during the 3rd quarter. Grove Bank & Trust now owns 614 shares of the Internet company based in Singapore’s stock valued at $60,000 after buying an additional 215 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in SEA by 26.5% in the 1st 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 during the last quarter. Independence Bank of Kentucky grew its holdings 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 worth $123,000 after acquiring an additional 1,100 shares during the last quarter. Osbon Capital Management LLC purchased a new position in shares of SEA in the fourth quarter valued at about $175,000. Finally, HB Wealth Management LLC purchased a new position in shares of SEA in the second quarter valued at about $203,000. Institutional investors own 59.53% of the company’s stock.

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.