Yanjun Wang Sells 1,500 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 1,500 shares of the business’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $113.33, for a total transaction of $169,995.00. Following the sale, the insider directly owned 38,500 shares in the company, valued at $4,363,205. The trade was a 3.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Monday, July 13th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.35, for a total value of $168,525.00.
  • On Thursday, July 9th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $107.85, for a total value of $129,420.00.
  • On Monday, July 6th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $104.67, for a total value of $125,604.00.
  • On Wednesday, July 1st, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $100.60, for a total value of $120,720.00.
  • On Monday, June 29th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $92.59, for a total value of $92,590.00.
  • On Thursday, June 25th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $90.22, for a total value of $90,220.00.
  • On Wednesday, June 10th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $82.36, for a total value of $65,888.00.
  • On Monday, June 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $84.39, for a total value of $67,512.00.
  • On Friday, June 5th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $87.20, for a total value 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.

SEA Price Performance

SE stock opened at $111.48 on Thursday. The firm has a 50 day moving average of $93.18 and a 200-day moving average of $99.45. 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 Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $199.30. The firm has a market capitalization of $68.12 billion, a P/E ratio of 43.89, a price-to-earnings-growth ratio of 1.05 and a beta of 1.55.

SEA (NYSE:SEGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.08). SEA had a net margin of 6.41% and a return on equity of 14.12%. The firm had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $6.46 billion. During the same period in the prior year, the firm posted $0.65 EPS. SEA’s revenue was up 46.6% on a year-over-year basis. As a group, sell-side analysts predict that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Venturi Wealth Management LLC grew its holdings in shares of SEA by 1.9% during the 4th 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 last quarter. Cloud Capital Management LLC lifted its stake in 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 worth $255,000 after purchasing an additional 148 shares during the last quarter. SlateStone Wealth LLC boosted its position in SEA by 0.5% during 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 buying an additional 150 shares during the period. Stonekeep Investments LLC boosted its position in SEA by 5.6% during the fourth quarter. Stonekeep Investments LLC now owns 3,157 shares of the Internet company based in Singapore’s stock valued at $403,000 after buying an additional 167 shares during the period. Finally, GAMMA Investing LLC boosted its position in SEA by 6.6% during the second quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore’s stock valued at $262,000 after buying an additional 170 shares during the period. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. dropped their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. TD Cowen boosted their price objective on SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a report on Wednesday, May 13th. Finally, Zacks Research upgraded shares of SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $155.54.

Read Our Latest Stock Analysis on SE

Key Stories Impacting SEA

Here are the key news stories impacting SEA this week:

  • Positive Sentiment: Wall Street sentiment remains constructive, with Sea Limited still carrying a consensus “Moderate Buy” rating and a target price well above recent trading levels, which may help support the stock. Article Title
  • Neutral Sentiment: Recent analysis pieces compared SE with peers and asked whether the stock remains a value or buy candidate, but these articles were mostly commentary rather than new company-specific catalysts. Article Title
  • Negative Sentiment: Multiple insider sales in a short period, including trades by COO Gang Ye and insider Yanjun Wang, may create short-term selling pressure and raise questions about insider confidence, even if some transactions were pre-planned. Article Title

SEA Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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