SEA (NYSE:SE) Insider Yanjun Wang Sells 800 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $84.39, for a total transaction of $67,512.00. Following the sale, the insider owned 2,800 shares of the company’s stock, valued at approximately $236,292. The trade was a 22.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Friday, June 5th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $87.20, for a total transaction of $69,760.00.
• On Wednesday, June 3rd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $90.53, for a total transaction of $72,424.00.
• On Monday, June 1st, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $96.11, for a total transaction of $76,888.00.
• On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $91.98, for a total transaction of $73,584.00.
• On Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $89.45, for a total transaction of $71,560.00.
• On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $87.87, for a total transaction of $70,296.00.
• On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.34, for a total transaction of $69,072.00.
• On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.06, for a total transaction of $70,448.00.
• On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.58, for a total transaction of $70,864.00.
• On Wednesday, May 13th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $94.63, for a total transaction of $75,704.00.

SEA Price Performance

SEA stock opened at $82.47 on Thursday. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30. The stock has a market cap of $50.39 billion, a P/E ratio of 32.47, a PEG ratio of 0.89 and a beta of 1.57. The company has a 50-day moving average price of $87.29 and a 200 day moving average price of $105.08. The company has a current ratio of 1.58, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05.

SEA (NYSE:SE) last announced its earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.75 by ($0.08). The company had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $6.46 billion. SEA had a return on equity of 14.12% and a net margin of 6.41%.The company’s quarterly revenue was up 46.6% compared to the same quarter last year. During the same period last year, the business earned $0.65 EPS. Sell-side analysts anticipate that Sea Limited Sponsored ADR will post 3.33 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Sanford C. Bernstein lowered their target price on shares of SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a research note on Wednesday, March 4th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a research note on Friday, March 27th. Zacks Research raised shares of SEA from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Morgan Stanley set a $121.00 target price on shares of SEA and gave the stock an “overweight” rating in a research note on Friday, March 13th. Finally, Bank of America reissued a “buy” rating and issued a $125.00 price objective on shares of SEA in a research note on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $155.54.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Venturi Wealth Management LLC boosted its stake in shares of SEA by 1.9% in the fourth quarter. Venturi Wealth Management LLC now owns 5,208 shares of the Internet company based in Singapore’s stock valued at $664,000 after purchasing an additional 98 shares during the period. Rothschild Investment LLC boosted its stake in shares of SEA by 114.0% in the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after purchasing an additional 106 shares during the period. Cloud Capital Management LLC boosted its stake in shares of SEA by 8.0% in the fourth quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore’s stock valued at $255,000 after purchasing an additional 148 shares during the period. SlateStone Wealth LLC raised its holdings in SEA by 0.5% in the fourth quarter. SlateStone Wealth LLC now owns 31,098 shares of the Internet company based in Singapore’s stock valued at $3,967,000 after acquiring an additional 150 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in SEA by 9.6% in the third quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the Internet company based in Singapore’s stock valued at $328,000 after acquiring an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

About SEA

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.