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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,500 shares of SEA stock in a transaction on Friday, August 14th. The shares were sold at an average price of $122.24, for a total value of $183,360.00. Following the completion of the sale, the insider directly owned 4,000 shares of the company’s stock, valued at $488,960. The trade was a 27.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Wednesday, August 12th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $128.66, for a total value of $192,990.00.
• On Monday, August 10th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $114.58, for a total value of $171,870.00.
• On Friday, August 7th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.00, for a total value of $169,500.00.
• On Wednesday, August 5th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.27, for a total transaction of $169,905.00.
• 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 transaction of $164,715.00.
• On Thursday, July 30th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $105.39, for a total transaction of $126,468.00.
• On Wednesday, July 29th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $108.70, for a total transaction of $163,050.00.
• On Monday, July 20th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $106.50, for a total transaction 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 transaction 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.

SEA Stock Performance

NYSE:SE opened at $119.53 on Tuesday. The company has a fifty day simple moving average of $103.23 and a two-hundred day simple moving average of $96.65. The company has a market cap of $73.04 billion, a price-to-earnings ratio of 46.15, a price-to-earnings-growth ratio of 1.10 and a beta of 1.54. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.07. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $199.30.

SEA (NYSE:SE) last announced its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.16). The company had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The firm’s revenue was up 48.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.65 earnings per share. As a group, equities analysts anticipate that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current fiscal year.

SEA News Summary

Here are the key news stories impacting SEA this week:

• Negative Sentiment: CEO Xiaodong Li sold 19,230 shares for approximately $2.38 million, reducing his stake by 6.67% while retaining 269,220 shares. SEC filing
• Negative Sentiment: COO Gang Ye sold 30,000 shares for approximately $3.72 million, reducing his ownership by 7.5%; separate coverage also reported additional sales totaling roughly $7.7 million across August 11–12. SEC filing Motley Fool coverage
• Negative Sentiment: President Zhimin Feng sold 15,000 shares worth $1.86 million, cutting his position by 5.56%, while continuing to hold 255,000 shares. SEC filing
• Negative Sentiment: Additional insider sales included 2,000 shares by Feng Zhao and 1,500 shares by Yanjun Wang. The broad participation by management and insiders makes the selling activity more notable to investors. SEC filing SEC filing

Institutional Trading of SEA

Institutional investors have recently bought and sold shares of the business. Capstone Capital Management Ltd acquired a new stake in shares of SEA during the 1st quarter worth about $1,612,000. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in SEA by 24.4% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock valued at $228,549,000 after purchasing an additional 350,840 shares in the last quarter. Ramirez Asset Management Inc. acquired a new position in SEA in the fourth quarter valued at approximately $3,560,000. Equitable Trust Co. increased its stake in SEA by 30.9% in the first quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock valued at $15,532,000 after purchasing an additional 44,252 shares during the last quarter. Finally, Charles Lim Capital Ltd increased its stake in SEA by 172.7% in the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock valued at $95,678,000 after purchasing an additional 475,000 shares during the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SE. Zacks Research cut SEA from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. cut their target price 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. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a report on Monday, July 20th. Benchmark lifted their price target on shares of SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Finally, Barclays boosted their price target on shares of SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $151.90.

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.