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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the firm’s stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $74.58, for a total value of $59,664.00. Following the sale, the insider directly owned 69,580 shares of the company’s stock, valued at $5,189,276.40. This represents a 1.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Wednesday, October 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $74.69, for a total value of $59,752.00.
• 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 value 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 value of $61,064.00.
• On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was 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 transaction of $90,370.00.
• On Friday, October 16th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.43, for a total transaction of $95,430.00.
• On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were 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 shares were sold at an average price of $95.87, for a total transaction of $95,870.00.
• On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.37, for a total transaction of $95,370.00.
• On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $94.91, for a total transaction of $94,910.00.

SEA Stock Up 1.4%

Shares of NYSE SE opened at $76.57 on Wednesday. The firm has a market cap of $46.79 billion, a PE ratio of 29.56, a P/E/G ratio of 0.78 and a beta of 1.58. Sea Limited Sponsored ADR has a 12-month low of $71.53 and a 12-month high of $159.80. The company’s fifty day simple moving average is $97.44 and its 200 day simple moving average is $98.50. 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 (NYSE:SE) last posted its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). SEA had a return on equity of 13.54% and a net margin of 5.98%. The company had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same quarter in the previous year, the business posted $0.65 earnings per share. The company’s revenue for the quarter was up 48.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Sea Limited Sponsored ADR will post 2.88 earnings per share for the current fiscal year.

Institutional Trading of SEA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Euro Pacific Asset Management LLC purchased a new position in SEA during the third quarter worth about $2,159,000. Candriam S.C.A. bought a new stake in SEA in the 3rd quarter worth about $2,517,000. Ethic Inc. increased its stake in SEA by 602.0% in the 3rd quarter. Ethic Inc. now owns 31,085 shares of the Internet company based in Singapore’s stock valued at $3,026,000 after buying an additional 26,657 shares during the last quarter. 180 Wealth Advisors LLC purchased a new stake in SEA in the 3rd quarter valued at about $212,000. Finally, CenterBook Partners LP increased its stake in SEA by 404.1% in the 3rd quarter. CenterBook Partners LP now owns 71,949 shares of the Internet company based in Singapore’s stock valued at $7,005,000 after buying an additional 57,677 shares during the last quarter. 59.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on the company. Wall Street Zen lowered SEA from a “buy” rating to a “hold” rating in a research report on Sunday. Weiss Ratings raised SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. New Street Research cut SEA from a “buy” rating to a “neutral” rating and set a $70.00 price objective for the company. in a research note on Monday, October 26th. Finally, JPMorgan Chase & Co. reduced their price objective on SEA from $173.00 to $149.00 and set an “overweight” rating for the company in a research note on Wednesday, October 28th. One 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 company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $137.73.

About SEA

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.