SEA (NYSE:SE) Insider Sells $126,468.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,200 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $105.39, for a total value of $126,468.00. Following the completion of the sale, the insider owned 20,200 shares of the company’s stock, valued at $2,128,878. This represents a 5.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, August 3rd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $109.81, for a total value of $164,715.00.
• On Wednesday, July 29th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $108.70, for a total value of $163,050.00.
• 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 shares were 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 shares were sold at an average price of $99.65, for a total transaction of $119,580.00.
• 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 transaction of $168,525.00.
• On Friday, July 10th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.33, for a total transaction 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 stock was sold at an average price of $100.60, for a total transaction of $120,720.00.

SEA Price Performance

Shares of SE stock opened at $114.80 on Thursday. The company has a quick ratio of 1.56, a current ratio of 1.58 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 fifty day moving average of $98.44 and a 200-day moving average of $96.81. The firm has a market capitalization of $70.15 billion, a price-to-earnings ratio of 45.20, a price-to-earnings-growth ratio of 1.07 and a beta of 1.54.

SEA (NYSE:SE) 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 return on equity of 14.12% and a net margin of 6.41%.The business had revenue of $7.10 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same period in the previous year, the business posted $0.65 EPS. The business’s quarterly revenue was up 46.6% compared to the same quarter last year. On average, equities research analysts forecast that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current year.

Institutional Trading of SEA

Large investors have recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT raised its holdings in shares of SEA by 539.6% in the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock valued at $39,000 after purchasing an additional 259 shares during the period. Cornerstone Planning Group LLC grew its holdings in 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 purchasing an additional 174 shares during the period. Cullen Frost Bankers Inc. increased its position in SEA by 102.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock worth $144,000 after buying an additional 573 shares during the last quarter. Osbon Capital Management LLC acquired a new position in SEA during the fourth quarter worth approximately $175,000. Finally, EverSource Wealth Advisors LLC raised its stake in SEA by 43.1% in the first quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the Internet company based in Singapore’s stock valued at $206,000 after buying an additional 751 shares during the period. Institutional investors and hedge funds own 59.53% of the company’s stock.

Wall Street Analyst Weigh In

SE has been the subject of a number of analyst reports. Barclays raised their target price on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Sanford C. Bernstein restated an “outperform” rating on shares of SEA in a research note on Monday, July 20th. JPMorgan Chase & Co. decreased their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Zacks Research raised SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $154.81.

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.