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

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 800 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $84.39, for a total value of $67,512.00. Following the sale, the insider directly owned 2,800 shares of the company’s stock, valued at $236,292. This represents a 22.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • On Friday, June 5th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $87.20, for a total value of $69,760.00.
  • On Wednesday, June 3rd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $90.53, for a total value of $72,424.00.
  • On Monday, June 1st, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $96.11, for a total value of $76,888.00.
  • On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $91.98, for a total value of $73,584.00.
  • On Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $89.45, for a total value of $71,560.00.
  • On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $87.87, for a total value of $70,296.00.
  • On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.34, for a total value of $69,072.00.
  • On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.06, for a total value of $70,448.00.
  • On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.58, for a total value of $70,864.00.
  • On Wednesday, May 13th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $94.63, for a total value of $75,704.00.

SEA Price Performance

Shares of NYSE SE opened at $85.65 on Friday. The stock has a fifty day simple moving average of $87.35 and a two-hundred day simple moving average of $104.76. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The firm has a market cap of $52.33 billion, a price-to-earnings ratio of 33.72, a price-to-earnings-growth ratio of 0.86 and a beta of 1.57. The company has a current ratio of 1.58, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05.

SEA (NYSE:SEGet Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.75 by ($0.08). SEA had a net margin of 6.41% and a return on equity of 14.12%. The firm had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $6.46 billion. During the same period last year, the company posted $0.65 earnings per share. SEA’s revenue for the quarter was up 46.6% on a year-over-year basis. Analysts anticipate that Sea Limited Sponsored ADR will post 3.33 earnings per share for the current year.

Institutional Investors Weigh In On SEA

Several institutional investors have recently made changes to their positions in the stock. Rothschild Investment LLC raised its position in shares of SEA by 114.0% in the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after buying an additional 106 shares in the last quarter. Zions Bancorporation National Association UT raised its position in shares of SEA by 539.6% in the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after buying an additional 259 shares in the last quarter. Holos Integrated Wealth LLC purchased a new stake in shares of SEA in the fourth quarter worth $44,000. Cornerstone Planning Group LLC raised its position in shares of SEA by 26.5% in the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after buying an additional 174 shares in the last quarter. Finally, Hillsdale Investment Management Inc. raised its position in shares of SEA by 44.4% in the third quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore’s stock worth $116,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Analysts Set New Price Targets

SE has been the subject of several research reports. TD Cowen increased their price objective on SEA from $100.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. Barclays increased their price objective on SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Weiss Ratings reissued a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. Sanford C. Bernstein dropped their target price on SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. Finally, Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $155.54.

View Our Latest Stock Report on SE

SEA Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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