SEA (NYSE:SE) Insider Yanjun Wang Sells 1,000 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of the business’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $97.27, for a total value of $97,270.00. Following the transaction, the insider directly owned 86,780 shares in the company, valued at $8,441,090.60. This trade represents a 1.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Friday, October 2nd, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.15, for a total value of $95,150.00.
• On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.67, for a total value of $97,670.00.
• On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $98.65, for a total value of $98,650.00.
• On Friday, September 25th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $100.04, for a total transaction of $120,048.00.
• On Wednesday, September 23rd, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $102.76, for a total transaction of $123,312.00.
• On Monday, September 21st, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $102.00, for a total transaction of $122,400.00.
• On Thursday, September 17th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $101.55, for a total transaction of $121,860.00.
• On Tuesday, September 15th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $103.84, for a total transaction of $124,608.00.
• On Monday, September 14th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $108.32, for a total transaction of $162,480.00.
• On Thursday, September 10th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $107.99, for a total transaction of $129,588.00.

SEA Stock Down 2.1%

Shares of NYSE SE opened at $94.53 on Thursday. The company has a 50 day simple moving average of $109.87 and a 200-day simple moving average of $97.85. The company has a market capitalization of $57.76 billion, a P/E ratio of 36.50, a P/E/G ratio of 0.98 and a beta of 1.54. 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 Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $193.48.

SEA (NYSE:SE) last released its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.16). SEA had a net margin of 5.98% and a return on equity of 13.54%. The firm had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same period in the previous year, the firm posted $0.65 EPS. The firm’s quarterly revenue was up 48.3% compared to the same quarter last year. On average, equities research analysts predict that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current year.

Institutional Trading of SEA

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Park National Corp OH boosted its position in shares of SEA by 41.4% during the third quarter. Park National Corp OH now owns 3,062 shares of the Internet company based in Singapore’s stock worth $298,000 after buying an additional 897 shares during the period. QRG Capital Management Inc. raised its holdings in shares of SEA by 15.7% in the 2nd quarter. QRG Capital Management Inc. now owns 24,423 shares of the Internet company based in Singapore’s stock valued at $2,340,000 after buying an additional 3,313 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in SEA by 14.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 9,579 shares of the Internet company based in Singapore’s stock worth $918,000 after acquiring an additional 1,182 shares in the last quarter. MCF Advisors LLC lifted its stake in SEA by 129.6% during the 2nd quarter. MCF Advisors LLC now owns 5,168 shares of the Internet company based in Singapore’s stock worth $495,000 after acquiring an additional 2,917 shares in the last quarter. Finally, Whetstone Capital Advisors LLC purchased a new position in SEA during the 2nd quarter valued at about $8,191,000. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Morgan Stanley reaffirmed an “overweight” rating and issued a $153.00 price target on shares of SEA in a research note on Thursday, August 13th. Royal Bank Of Canada raised SEA from a “sector perform” rating to a “buy” rating in a research report on Tuesday, September 8th. Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Zacks Research lowered shares of SEA from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $149.40.

SEA Company Profile

Sea Limited is a Singapore-based technology company that operates digital consumer businesses across Southeast Asia, Taiwan and selected markets in Latin America and other regions. Founded in 2009, the company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in 2017 before completing its initial public offering on the New York Stock Exchange that year.

Sea’s principal businesses include Garena, a digital entertainment platform that publishes and develops online games and provides related digital content and services.