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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of SEA stock in a transaction that occurred on Wednesday, November 4th. The shares were 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 $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 stock was sold at an average price of $76.79, for a total value of $61,432.00.
• On Friday, October 30th, Yanjun Wang sold 800 shares of SEA stock. The stock was 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 stock was 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 shares were 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 shares were 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 shares were 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $95.87, for a total value of $95,870.00.

SEA Stock Performance

Shares of NYSE:SE opened at $75.65 on Friday. Sea Limited Sponsored ADR has a twelve month low of $71.53 and a twelve month high of $159.80. The firm has a market cap of $46.23 billion, a PE ratio of 29.21, a price-to-earnings-growth ratio of 0.83 and a beta of 1.58. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. The business has a fifty day moving average of $95.71 and a 200-day moving average of $98.05.

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 analysts’ consensus estimates 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 net margin of 5.98% and a return on equity of 13.54%. The business’s quarterly revenue was up 48.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. On average, equities research analysts predict that Sea Limited Sponsored ADR will post 2.88 EPS for the current fiscal year.

Analyst Ratings Changes

SE has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of SEA from a “buy” rating to a “hold” rating in a research note on Sunday, November 1st. New Street Research lowered shares of SEA from a “buy” rating to a “neutral” rating and set a $70.00 target price on the stock. in a research report on Monday, October 26th. TD Cowen reiterated a “hold” rating and issued a $115.00 price objective (up from $100.00) on shares of SEA in a research report on Monday, August 17th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $153.00 price objective on shares of SEA in a research note on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $137.73.

Institutional Trading of SEA

A number of hedge funds have recently modified their holdings of SE. Provenance Wealth Advisors LLC grew its holdings in SEA by 1,511.1% during the third quarter. Provenance Wealth Advisors LLC now owns 290 shares of the Internet company based in Singapore’s stock valued at $28,000 after purchasing an additional 272 shares during the period. Grove Bank & Trust increased its stake in SEA by 53.9% in the third quarter. Grove Bank & Trust now owns 614 shares of the Internet company based in Singapore’s stock valued at $60,000 after purchasing an additional 215 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in 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 purchasing an additional 174 shares during the period. Independence Bank of Kentucky raised its holdings in SEA by 611.1% in the second quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore’s stock worth $123,000 after purchasing an additional 1,100 shares during the period. Finally, HB Wealth Management LLC bought a new position in shares of SEA during the second quarter worth $203,000. 59.53% of the stock is currently owned by institutional investors and hedge funds.

About SEA

Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.

Through Shopee, Sea’s e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.

SeaMoney is the company’s digital financial services division.