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

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 800 shares of SEA stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $79.63, for a total transaction of $63,704.00. Following the transaction, the insider directly owned 35,600 shares in the company, valued at approximately $2,834,828. The trade was a 2.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, March 23rd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $80.12, for a total value of $64,096.00.
  • On Wednesday, March 18th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.10, for a total transaction of $68,080.00.

SEA Stock Down 2.0%

Shares of SEA stock opened at $78.17 on Wednesday. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 0.04. The company has a market cap of $46.05 billion, a P/E ratio of 31.02, a PEG ratio of 0.74 and a beta of 1.59. The firm’s 50 day moving average price is $105.64 and its 200-day moving average price is $136.98. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30.

SEA (NYSE:SEGet Free Report) last posted its earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.28). The firm had revenue of $6.85 billion for the quarter, compared to analysts’ expectations of $6.42 billion. SEA had a net margin of 6.93% and a return on equity of 15.20%. The company’s revenue was up 38.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.39 EPS. On average, sell-side analysts predict that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal year.

Key SEA News

Here are the key news stories impacting SEA this week:

Institutional Investors Weigh In On SEA

Large investors have recently made changes to their positions in the stock. Salomon & Ludwin LLC increased its position in shares of SEA by 2,860.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 148 shares of the Internet company based in Singapore’s stock valued at $27,000 after acquiring an additional 143 shares during the period. Sound Income Strategies LLC acquired a new position in SEA in the third quarter valued at approximately $29,000. Rothschild Investment LLC grew its position in SEA by 114.0% during the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after buying an additional 106 shares during the period. 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 acquiring an additional 259 shares during the period. Finally, Holos Integrated Wealth LLC purchased a new stake in shares of SEA during the 4th quarter worth about $44,000. 59.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SE has been the subject of a number of recent analyst reports. Morgan Stanley set a $121.00 price objective on SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. Weiss Ratings reiterated a “hold (c-)” rating on shares of SEA in a research note on Monday, December 29th. Sanford C. Bernstein lowered their price target on SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, March 4th. Wedbush dropped their price target on SEA from $190.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, December 19th. Finally, Jefferies Financial Group restated a “buy” rating and set a $150.00 price objective on shares of SEA in a report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, SEA currently has a consensus rating of “Moderate Buy” and an average price target of $166.83.

View Our Latest Analysis 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.

See Also

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

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