SEA (NYSE:SE) Insider Yanjun Wang Sells 800 Shares of Company Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of SEA stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $74.69, for a total transaction of $59,752.00. Following the completion of the transaction, the insider owned 71,180 shares of the company’s stock, valued at $5,316,434.20. This trade represents a 1.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Monday, October 26th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $73.77, for a total transaction of $59,016.00.
• On Thursday, October 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $76.33, for a total transaction of $61,064.00.
• On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $81.61, for a total value of $65,288.00.
• On Monday, October 19th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $90.37, for a total value of $90,370.00.
• On Friday, October 16th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.43, for a total value of $95,430.00.
• On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.49, for a total transaction of $95,490.00.
• On Monday, October 12th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.87, for a total value of $95,870.00.
• On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.37, for a total value of $95,370.00.
• On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $94.91, for a total value of $94,910.00.
• On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.27, for a total value of $97,270.00.

SEA Trading Up 0.6%

Shares of NYSE:SE opened at $75.15 on Thursday. Sea Limited Sponsored ADR has a one year low of $71.53 and a one year high of $159.80. The stock has a market capitalization of $45.92 billion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 0.76 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. The company’s 50-day moving average price is $100.79 and its two-hundred day moving average price is $99.59.

SEA (NYSE:SE) last announced its 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 return on equity of 13.54% and a net margin of 5.98%. The business had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the business posted $0.65 earnings per share. The firm’s revenue for the quarter was up 48.3% compared to the same quarter last year. On average, equities analysts forecast that Sea Limited Sponsored ADR will post 2.91 EPS for the current fiscal year.

Institutional Trading of SEA

Several hedge funds and other institutional investors have recently made changes to their positions in SE. Bank Pictet & Cie Europe AG raised its position in shares of SEA by 21.5% during the 3rd quarter. Bank Pictet & Cie Europe AG now owns 116,811 shares of the Internet company based in Singapore’s stock worth $11,406,000 after purchasing an additional 20,680 shares during the last quarter. Capstone Capital Management Ltd purchased a new stake in shares of SEA during the 1st quarter valued at approximately $1,612,000. Whetstone Capital Advisors LLC acquired a new stake in shares of SEA during the second quarter valued at about $8,191,000. Banque Pictet & Cie SA lifted its position in shares of SEA by 6.6% during the third quarter. Banque Pictet & Cie SA now owns 283,921 shares of the Internet company based in Singapore’s stock worth $27,644,000 after purchasing an additional 17,657 shares in the last quarter. Finally, Corient Private Wealth LP increased its holdings in SEA by 61.4% during the 2nd quarter. Corient Private Wealth LP now owns 26,534 shares of the Internet company based in Singapore’s stock worth $2,543,000 after purchasing an additional 10,099 shares during the period. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Arete Research set a $152.00 price objective on SEA and gave the company a “buy” rating in a report on Monday, September 7th. Benchmark boosted their target price on SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. TD Cowen reiterated a “hold” rating on shares of SEA in a research report on Monday, August 17th. Royal Bank Of Canada raised SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. Finally, Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $140.91.

SEA Company Profile

Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.

Through Shopee, Sea’s e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.

SeaMoney is the company’s digital financial services division.