SEA (NYSE:SE) Insider Sells $69,432.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $86.79, for a total value of $69,432.00. Following the completion of the transaction, the insider directly owned 18,800 shares in the company, valued at $1,631,652. The trade was a 4.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, May 11th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $83.74, for a total value of $66,992.00.
• On Wednesday, May 6th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.38, for a total value of $70,704.00.
• On Monday, May 4th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.75, for a total value of $68,600.00.
• On Friday, May 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.13, for a total value of $68,904.00.
• On Wednesday, April 29th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $83.31, for a total value of $66,648.00.
• On Monday, April 27th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.92, for a total value of $68,736.00.
• On Friday, April 24th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $84.58, for a total value of $67,664.00.
• On Wednesday, April 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.01, for a total value of $68,808.00.
• On Monday, April 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $89.57, for a total value of $71,656.00.
• On Friday, April 17th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $92.07, for a total value of $73,656.00.

SEA Stock Down 1.9%

Shares of SE stock opened at $85.07 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.57 and a current ratio of 1.58. The stock’s 50 day simple moving average is $86.21 and its 200 day simple moving average is $114.63. The company has a market capitalization of $51.98 billion, a price-to-earnings ratio of 33.76, a PEG ratio of 0.89 and a beta of 1.57. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $199.30.

SEA (NYSE:SE) last issued its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.10). The business had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. SEA had a return on equity of 15.20% and a net margin of 6.93%. As a group, research analysts predict that Sea Limited Sponsored ADR will post 3.39 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have commented on SE. Barclays dropped their price target on SEA from $226.00 to $120.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Sanford C. Bernstein dropped their price target on SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. Morgan Stanley set a $121.00 price target on SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $150.00 price target on shares of SEA in a research report on Tuesday, March 3rd. Finally, JPMorgan Chase & Co. dropped their price target on SEA from $170.00 to $168.00 and set an “overweight” rating on the stock in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $161.66.

Institutional Trading of SEA

Institutional investors have recently modified their holdings of the company. Lingohr Asset Management GmbH grew its holdings in shares of SEA by 219.4% during the 3rd quarter. Lingohr Asset Management GmbH now owns 12,700 shares of the Internet company based in Singapore’s stock worth $2,270,000 after purchasing an additional 8,724 shares in the last quarter. Andra AP fonden grew its holdings in shares of SEA by 7.0% during the 3rd quarter. Andra AP fonden now owns 144,300 shares of the Internet company based in Singapore’s stock worth $25,791,000 after purchasing an additional 9,400 shares in the last quarter. Fred Alger Management LLC grew its holdings in shares of SEA by 22.1% during the 3rd quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock worth $515,894,000 after purchasing an additional 521,782 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in SEA by 11.5% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,440,820 shares of the Internet company based in Singapore’s stock valued at $257,414,000 after buying an additional 148,621 shares in the last quarter. Finally, Rathbones Group PLC boosted its stake in SEA by 78.6% in the 4th quarter. Rathbones Group PLC now owns 22,015 shares of the Internet company based in Singapore’s stock valued at $2,808,000 after buying an additional 9,688 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

SEA Company Profile

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.