SEA (NYSE:SE) Insider Yanjun Wang Sells 1,000 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of the business’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $92.59, for a total value of $92,590.00. Following the sale, the insider owned 48,200 shares in the company, valued at approximately $4,462,838. The trade was a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Thursday, June 25th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $90.22, for a total transaction of $90,220.00.
• On Wednesday, June 10th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $82.36, for a total transaction of $65,888.00.
• On Monday, June 8th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $84.39, for a total value of $67,512.00.
• On Friday, June 5th, Yanjun Wang sold 800 shares of SEA stock. The shares were 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 shares were sold at an average price of $90.53, for a total transaction 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 transaction 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 stock was 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 transaction 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 transaction of $69,072.00.

SEA Price Performance

SE opened at $102.33 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. 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 $62.52 billion, a price-to-earnings ratio of 40.29, a PEG ratio of 1.00 and a beta of 1.55. The stock’s 50 day simple moving average is $88.84 and its 200 day simple moving average is $100.60.

SEA (NYSE:SE) last issued its earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.08). The firm had revenue of $7.10 billion during the quarter, compared to analysts’ expectations of $6.46 billion. SEA had a return on equity of 14.12% and a net margin of 6.41%.The firm’s quarterly revenue was up 46.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.65 earnings per share. As a group, analysts predict that Sea Limited Sponsored ADR will post 3.33 earnings per share for the current year.

Hedge Funds Weigh In On SEA

A number of institutional investors and hedge funds have recently modified their holdings of the company. Zions Bancorporation National Association UT grew its stake in shares of SEA by 539.6% during the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock valued at $39,000 after purchasing an additional 259 shares during the period. Holos Integrated Wealth LLC bought a new position in SEA in the 4th quarter worth $44,000. Cornerstone Planning Group LLC boosted its stake 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 acquiring an additional 174 shares during the period. Cullen Frost Bankers Inc. grew its holdings in SEA by 102.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock valued at $144,000 after buying an additional 573 shares in the last quarter. Finally, Osbon Capital Management LLC purchased a new position in SEA during the fourth quarter valued at $175,000. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on SE. Bank of America restated a “buy” rating and set a $125.00 target price on shares of SEA in a report on Monday, March 9th. Barclays boosted their price objective on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Jefferies Financial Group restated a “buy” rating on shares of SEA in a report on Tuesday, May 12th. JPMorgan Chase & Co. dropped their target price on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Finally, Morgan Stanley set a $121.00 price objective on SEA and gave the company an “overweight” rating in a research report on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, SEA currently has an average rating of “Moderate Buy” and a consensus target price of $155.54.

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.