SEA (NYSE:SE) Insider Sells $169,995.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,500 shares of the business’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $113.33, for a total value of $169,995.00. Following the completion of the sale, the insider owned 38,500 shares in the company, valued at approximately $4,363,205. This trade represents a 3.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, July 13th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.35, for a total value of $168,525.00.
• On Thursday, July 9th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $107.85, for a total value of $129,420.00.
• On Monday, July 6th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $104.67, for a total value of $125,604.00.
• On Wednesday, July 1st, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $100.60, for a total value of $120,720.00.
• On Monday, June 29th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $92.59, for a total value of $92,590.00.
• 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 transaction 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 transaction 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.

SEA Trading Down 0.1%

Shares of NYSE:SE opened at $111.03 on Tuesday. The company’s 50-day moving average price is $92.24 and its two-hundred day moving average price is $99.67. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The stock has a market capitalization of $67.84 billion, a PE ratio of 43.71, a price-to-earnings-growth ratio of 1.07 and a beta of 1.55.

SEA (NYSE:SE) 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). The company had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. SEA’s revenue was up 46.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 EPS. On average, equities analysts forecast that Sea Limited Sponsored ADR will post 3.23 EPS for the current fiscal year.

Hedge Funds Weigh In On SEA

Hedge funds have recently modified their holdings of the business. Fred Alger Management LLC increased its holdings in SEA by 22.1% in the third quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock valued at $515,894,000 after purchasing an additional 521,782 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its position in shares of SEA by 24.4% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock worth $228,549,000 after acquiring an additional 350,840 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of SEA by 5.7% in the first quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore’s stock worth $135,999,000 after acquiring an additional 88,431 shares during the period. Charles Lim Capital Ltd boosted its holdings in SEA by 172.7% in the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock valued at $95,678,000 after acquiring an additional 475,000 shares during the last quarter. Finally, State of Tennessee Department of Treasury increased its position in SEA by 32.4% during the 4th quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore’s stock valued at $83,750,000 after purchasing an additional 175,746 shares during the period. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on SE. JPMorgan Chase & Co. reduced their target price on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Barclays upped their price objective on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Weiss Ratings reissued a “hold (c-)” rating on shares of SEA in a research note on Friday, March 27th. Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. Finally, TD Cowen upped their price target on shares of SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average 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.