SEA (NYSE:SE) Insider Sells $168,720.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,500 shares of SEA stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $112.48, for a total transaction of $168,720.00. Following the completion of the transaction, the insider directly owned 14,100 shares of the company’s stock, valued at approximately $1,585,968. This trade represents a 9.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, August 31st, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $114.07, for a total transaction of $171,105.00.
• On Friday, August 28th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $119.58, for a total transaction of $179,370.00.
• On Wednesday, August 26th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.81, for a total value of $179,715.00.
• On Monday, August 24th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $115.93, for a total value of $173,895.00.
• On Friday, August 21st, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $117.74, for a total value of $176,610.00.
• On Wednesday, August 19th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $117.90, for a total value of $176,850.00.
• On Monday, August 17th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.88, for a total value of $179,820.00.
• On Friday, August 14th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $122.24, for a total value of $183,360.00.
• On Wednesday, August 12th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were 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.

SEA Stock Performance

SE stock opened at $112.09 on Monday. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The stock has a market cap of $68.49 billion, a price-to-earnings ratio of 43.28, a price-to-earnings-growth ratio of 1.12 and a beta of 1.51. The company has a fifty day moving average price of $111.11 and a two-hundred day moving average price of $97.08. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48.

SEA (NYSE:SE) last issued its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share 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 the consensus estimate of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. SEA’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.65 earnings per share. Equities analysts anticipate that Sea Limited Sponsored ADR will post 2.91 EPS for the current year.

Wall Street Analysts Forecast Growth

SE has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reduced 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. Morgan Stanley restated an “overweight” rating and set a $153.00 price objective on shares of SEA in a research note on Thursday, August 13th. Benchmark increased their target price on SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, SEA presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.11.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Raiffeisen Bank International AG increased its stake in SEA by 1.8% during the 2nd quarter. Raiffeisen Bank International AG now owns 6,405 shares of the Internet company based in Singapore’s stock valued at $595,000 after purchasing an additional 115 shares in the last quarter. Cloud Capital Management LLC lifted 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 worth $255,000 after buying an additional 148 shares in the last quarter. SlateStone Wealth LLC lifted its stake in shares of 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 worth $3,967,000 after buying an additional 150 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of 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 last quarter. Finally, Cornerstone Planning Group LLC grew its holdings in shares of 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 valued at $70,000 after buying an additional 174 shares during the last quarter. 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.