Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 800 shares of the business’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $75.02, for a total transaction of $60,016.00. Following the completion of the sale, the insider owned 65,580 shares in the company, valued at approximately $4,919,811.60. This trade represents a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Yanjun Wang also recently made the following trade(s):
- On Monday, November 9th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $78.32, for a total transaction of $62,656.00.
- 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 Monday, November 2nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $76.79, for a total transaction of $61,432.00.
- 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 transaction 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 value of $59,016.00.
- On Thursday, October 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $76.33, for a total value of $61,064.00.
- On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was 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 value of $90,370.00.
- On Friday, October 16th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.43, for a total value of $95,430.00.
SEA Price Performance
NYSE:SE opened at $73.81 on Thursday. The firm has a market capitalization of $45.10 billion, a price-to-earnings ratio of 26.55, a PEG ratio of 0.79 and a beta of 1.58. Sea Limited Sponsored ADR has a 1 year low of $71.53 and a 1 year high of $150.79. The business has a 50 day simple moving average of $92.51 and a 200-day simple moving average of $97.12. 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 – Get Free Report) last announced its earnings results on Tuesday, November 10th. The Internet company based in Singapore reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.21). The company had revenue of $8.58 billion during the quarter, compared to analysts’ expectations of $8.08 billion. SEA had a return on equity of 13.85% and a net margin of 5.89%. SEA’s revenue for the quarter was up 43.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.59 EPS. Equities analysts forecast that Sea Limited Sponsored ADR will post 2.88 EPS for the current year.
Analyst Ratings Changes
SE has been the subject of several recent analyst reports. Jefferies Financial Group dropped their price objective on shares of SEA from $164.00 to $142.00 and set a “buy” rating for the company in a research note on Tuesday. Wall Street Zen downgraded shares of SEA from a “buy” rating to a “hold” rating in a research note on Sunday, November 1st. Bank of America set a $110.00 target price on shares of SEA and gave the company a “buy” rating in a research note on Wednesday. Royal Bank Of Canada upgraded shares of SEA from a “sector perform” rating to a “buy” rating in a report on Tuesday, September 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of SEA in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, SEA has a consensus rating of “Moderate Buy” and a consensus price target of $133.36.
Institutional Investors Weigh In On SEA
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raiffeisen Bank International AG boosted its position in SEA by 1.8% in the 2nd quarter. Raiffeisen Bank International AG now owns 6,405 shares of the Internet company based in Singapore’s stock valued at $595,000 after buying an additional 115 shares during the period. Bank Julius Baer & Co. Ltd Zurich grew its stake in SEA by 0.9% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 16,837 shares of the Internet company based in Singapore’s stock worth $1,659,000 after acquiring an additional 146 shares in the last quarter. Profund Advisors LLC grew its stake in SEA by 3.2% in the 3rd quarter. Profund Advisors LLC now owns 5,151 shares of the Internet company based in Singapore’s stock worth $502,000 after acquiring an additional 158 shares in the last quarter. GAMMA Investing LLC grew its stake in SEA by 6.6% in the 2nd quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore’s stock worth $262,000 after acquiring an additional 170 shares in the last quarter. Finally, Cornerstone Planning Group LLC increased its position in shares of SEA by 26.5% during the first 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 period. Institutional investors own 59.53% of the company’s stock.
Key Stories Impacting SEA
Investors following SE have been watching these stories:
- Neutral Sentiment: TD Cowen lowered its price target to $90 from $100 and maintained a Hold rating. The new target is above the referenced $73.81 share price, but the reduction signals a more cautious outlook. TD Cowen rating
- Negative Sentiment: Monee’s credit-loss provisions reportedly rose 82.3%, raising concerns about lending risk and whether growth can translate into stronger, sustainable margins. Sea growth and credit-loss provisions
- Negative Sentiment: Insider Yanjun Wang sold 800 shares in several recent transactions. The sales are small relative to his remaining holdings, but repeated selling may add to investor caution. Insider transactions
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.
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