SEA (NYSE:SE) Insider Sells $64,656.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the company’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $80.82, for a total transaction of $64,656.00. Following the completion of the transaction, the insider owned 67,180 shares of the company’s stock, valued at approximately $5,429,487.60. This trade represents a 1.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Monday, November 2nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $76.79, for a total transaction of $61,432.00.
• On Friday, October 30th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $74.58, for a total value of $59,664.00.
• On Wednesday, October 28th, Yanjun Wang sold 800 shares of SEA stock. The shares were 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 stock was 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 shares were 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 shares were sold at an average price of $95.49, for a total value 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 value of $95,870.00.

SEA Trading Down 0.4%

Shares of SE stock opened at $75.43 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. Sea Limited Sponsored ADR has a 1 year low of $71.53 and a 1 year high of $159.09. The stock has a fifty day moving average of $94.84 and a two-hundred day moving average of $97.82. The firm has a market capitalization of $46.09 billion, a PE ratio of 29.12, a price-to-earnings-growth ratio of 0.78 and a beta of 1.58.

SEA (NYSE:SE) last released its quarterly earnings results 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 business had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%. The company’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 posted $0.65 EPS. As a group, research analysts expect that Sea Limited Sponsored ADR will post 2.88 EPS for the current year.

Analyst Ratings Changes

SE has been the subject of a number of recent analyst reports. New Street Research lowered shares of SEA from a “buy” rating to a “neutral” rating and set a $70.00 target price for the company. in a research report on Monday, October 26th. 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. TD Cowen reiterated a “hold” rating and issued a $115.00 price objective (up from $100.00) on shares of SEA in a report on Monday, August 17th. Benchmark increased their price objective on shares of SEA from $140.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, SEA has a consensus rating of “Moderate Buy” and a consensus target price of $137.73.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SE. Bank Pictet & Cie Europe AG increased its holdings in shares of SEA by 21.5% in the third quarter. Bank Pictet & Cie Europe AG now owns 116,811 shares of the Internet company based in Singapore’s stock valued at $11,406,000 after buying an additional 20,680 shares in the last quarter. Capstone Capital Management Ltd bought a new stake in shares of SEA during the 1st quarter worth $1,612,000. Whetstone Capital Advisors LLC bought a new stake in shares of SEA during the 2nd quarter worth $8,191,000. Banque Pictet & Cie SA boosted its stake in shares of SEA by 6.6% during the 3rd quarter. Banque Pictet & Cie SA now owns 283,921 shares of the Internet company based in Singapore’s stock worth $27,644,000 after acquiring an additional 17,657 shares in the last quarter. Finally, Euro Pacific Asset Management LLC bought a new stake in shares of SEA during the 3rd quarter worth $2,159,000. Institutional investors and hedge funds own 59.53% of the company’s stock.

About SEA

Sea Limited is a Singapore-based technology company operating digital entertainment, e-commerce and digital financial services businesses. Founded in 2009 as Garena, the company adopted the name Sea Limited in 2017.

Its digital entertainment business, Garena, publishes and develops online games and also provides a platform for users to access games and connect with other players. Shopee, Sea’s e-commerce platform, serves consumers and merchants in Southeast Asia and other markets, including Taiwan and parts of Latin America.

Sea also provides digital financial services through Monee, formerly known as SeaMoney.