SEA (NYSE:SE) Insider Sells $61,432.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $76.79, for a total value of $61,432.00. Following the completion of the sale, the insider owned 68,780 shares in the company, valued at $5,281,616.20. The trade was a 1.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, November 4th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $80.82, for a total transaction of $64,656.00.
• On Friday, October 30th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $74.58, for a total value of $59,664.00.
• On Wednesday, October 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $74.69, for a total value of $59,752.00.
• On Monday, October 26th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $73.77, for a total transaction of $59,016.00.
• On Thursday, October 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $76.33, for a total transaction of $61,064.00.
• On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $81.61, for a total value of $65,288.00.
• On Monday, October 19th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $90.37, for a total transaction of $90,370.00.
• On Friday, October 16th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.43, for a total transaction of $95,430.00.
• On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.49, for a total value of $95,490.00.
• On Monday, October 12th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.87, for a total value of $95,870.00.

SEA Price Performance

Shares of SE stock opened at $75.43 on Friday. The stock’s 50-day moving average is $94.84 and its 200 day moving average is $97.82. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48. The company has a market cap of $46.09 billion, a P/E ratio of 29.12, a PEG ratio of 0.78 and a beta of 1.58. Sea Limited Sponsored ADR has a 1-year low of $71.53 and a 1-year high of $159.09.

SEA (NYSE:SE) last released its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). The company had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%. The firm’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.65 EPS. Research analysts predict that Sea Limited Sponsored ADR will post 2.88 earnings per share for the current fiscal year.

Institutional Trading of SEA

A number of institutional investors have recently added to or reduced their stakes in the business. Wellington Grp LLC lifted its holdings in SEA by 90.1% during the third quarter. Wellington Grp LLC now owns 12,975 shares of the Internet company based in Singapore’s stock worth $1,263,000 after acquiring an additional 6,150 shares in the last quarter. Aberdeen Group plc raised its stake in SEA by 53.2% in the 3rd quarter. Aberdeen Group plc now owns 142,803 shares of the Internet company based in Singapore’s stock valued at $13,903,000 after acquiring an additional 49,605 shares during the period. Allworth Financial LP lifted its stake in SEA by 28.5% during the third quarter. Allworth Financial LP now owns 1,168 shares of the Internet company based in Singapore’s stock worth $112,000 after purchasing an additional 259 shares during the last quarter. Fifth Third Bancorp raised its position in shares of SEA by 103.0% in the 3rd quarter. Fifth Third Bancorp now owns 12,501 shares of the Internet company based in Singapore’s stock worth $1,217,000 after acquiring an additional 6,344 shares in the last quarter. Finally, Ritholtz Wealth Management boosted its stake in shares of SEA by 5.2% in the 3rd quarter. Ritholtz Wealth Management now owns 7,232 shares of the Internet company based in Singapore’s stock worth $704,000 after buying an additional 359 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on SE shares. Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. Morgan Stanley reiterated an “overweight” rating and issued a $153.00 price target on shares of SEA in a report on Thursday, August 13th. Wall Street Zen lowered SEA from a “buy” rating to a “hold” rating in a research note on Sunday, November 1st. Royal Bank Of Canada upgraded SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $137.73.

About SEA

Sea Limited is a Singapore-based technology company operating digital entertainment, e-commerce and digital financial services businesses. Founded in 2009 as Garena, the company adopted the name Sea Limited in 2017.

Its digital entertainment business, Garena, publishes and develops online games and also provides a platform for users to access games and connect with other players. Shopee, Sea’s e-commerce platform, serves consumers and merchants in Southeast Asia and other markets, including Taiwan and parts of Latin America.

Sea also provides digital financial services through Monee, formerly known as SeaMoney.