Insider Selling: SEA (NYSE:SE) Insider Sells $163,050.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,500 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $108.70, for a total value of $163,050.00. Following the sale, the insider owned 21,400 shares of the company’s stock, valued at approximately $2,326,180. The trade was a 6.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Monday, July 20th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $106.50, for a total value of $127,800.00.
• On Monday, July 27th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $104.08, for a total value of $124,896.00.
• On Friday, July 24th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $99.65, for a total value of $119,580.00.
• On Monday, July 13th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $112.35, for a total value of $168,525.00.
• On Friday, July 10th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.33, for a total value of $169,995.00.
• 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 transaction of $129,420.00.
• On Monday, July 6th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $104.67, for a total transaction 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 transaction of $120,720.00.
• On Monday, June 29th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $92.59, for a total transaction of $92,590.00.
• On Thursday, June 25th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $90.22, for a total transaction of $90,220.00.

SEA Stock Performance

NYSE SE opened at $106.57 on Friday. The company’s fifty day moving average is $97.09 and its two-hundred day moving average is $97.34. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The firm has a market capitalization of $65.12 billion, a price-to-earnings ratio of 41.96, a P/E/G ratio of 1.03 and a beta of 1.55.

SEA (NYSE:SE) last announced its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.08). SEA had a net margin of 6.41% and a return on equity of 14.12%. The company had revenue of $7.10 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same period in the prior year, the company posted $0.65 EPS. The firm’s quarterly revenue was up 46.6% on a year-over-year basis. Equities research analysts forecast that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Wall Street maintains a favorable view of Sea. The stock has a “Moderate Buy” consensus rating, with one Strong Buy, nine Buy and four Hold ratings. The average analyst price target is $155.54, while Barclays and JPMorgan recently maintained overweight ratings. Analyst ratings and price targets
• Positive Sentiment: Institutional investors and hedge funds have generally increased their exposure to SE. Several funds boosted their holdings, and institutional investors collectively own approximately 59.5% of the company, providing a supportive ownership signal.
• Neutral Sentiment: A new value-investing comparison evaluates Sea against VTEX, but the available report does not provide a clear conclusion on which stock is more attractive. Investors may be weighing Sea’s growth prospects against its valuation. VTEX or SE value comparison
• Negative Sentiment: Sea’s stock recently fell 1.97% even as the broader market gained, suggesting near-term selling pressure and weaker relative performance. Sea stock performance report
• Negative Sentiment: Insider selling may be weighing on sentiment. COO Gang Ye sold 20,000 shares worth about $2.17 million, reducing his position by 11.1%, while Yanjun Wang sold 1,500 shares and has made multiple additional sales since late June. Sea insider sales
• Negative Sentiment: Sea’s latest reported quarter showed strong revenue growth of 46.6% year over year and revenue above expectations, but EPS of $0.67 missed the $0.75 consensus estimate. With a P/E near 42, investors may be sensitive to further earnings disappointments.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Woodline Partners LP acquired a new position in shares of SEA in the 1st quarter worth approximately $4,028,000. BI Asset Management Fondsmaeglerselskab A S boosted its stake in SEA by 248.7% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore’s stock valued at $6,268,000 after buying an additional 27,953 shares in the last quarter. Captrust Financial Advisors grew its position in SEA by 4.2% in the second quarter. Captrust Financial Advisors now owns 27,188 shares of the Internet company based in Singapore’s stock valued at $4,348,000 after acquiring an additional 1,084 shares during the period. State of Tennessee Department of Treasury grew its position in SEA by 5.4% in the second quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore’s stock valued at $86,880,000 after acquiring an additional 27,964 shares during the period. Finally, Morse Asset Management Inc raised its stake in SEA by 21.1% during the second quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore’s stock worth $1,946,000 after acquiring an additional 2,121 shares in the last quarter. Institutional investors own 59.53% of the company’s stock.

Wall Street Analyst Weigh In

SE has been the subject of a number of research reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a research report on Monday, July 20th. Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Barclays upped their target price on SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. TD Cowen raised their target price on SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. decreased their price target on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. One research 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, SEA currently has a consensus rating of “Moderate Buy” and an average price target of $155.54.

SEA Company Profile

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.