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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $85.75, for a total value of $68,600.00. Following the sale, the insider owned 11,600 shares in the company, valued at approximately $994,700. This trade represents a 6.45% decrease in their position. The sale 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 Friday, May 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.13, for a total value of $68,904.00.
• On Wednesday, April 29th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $83.31, for a total value of $66,648.00.
• On Monday, April 27th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.92, for a total value of $68,736.00.
• On Friday, April 24th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $84.58, for a total value of $67,664.00.
• On Wednesday, April 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.01, for a total value of $68,808.00.
• On Monday, April 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $89.57, for a total value of $71,656.00.
• On Friday, April 17th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $92.07, for a total value of $73,656.00.
• On Wednesday, April 15th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.89, for a total value of $71,112.00.
• On Monday, April 13th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.75, for a total value of $68,600.00.
• On Friday, April 10th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.74, for a total value of $68,592.00.

SEA Trading Up 6.4%

Shares of SEA stock opened at $89.87 on Thursday. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The firm has a market cap of $54.91 billion, a PE ratio of 35.66, a P/E/G ratio of 0.86 and a beta of 1.57. The business’s fifty day moving average is $87.45 and its two-hundred day moving average is $116.25. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 0.04.

SEA (NYSE:SE) last issued its quarterly earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.28). SEA had a return on equity of 15.20% and a net margin of 6.93%.The business had revenue of $6.85 billion for the quarter, compared to analysts’ expectations of $6.42 billion. During the same period in the prior year, the company earned $0.39 EPS. The company’s revenue for the quarter was up 38.4% compared to the same quarter last year. Analysts anticipate that Sea Limited Sponsored ADR will post 3.39 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Salomon & Ludwin LLC raised 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 worth $27,000 after buying an additional 143 shares during the period. Rothschild Investment LLC raised its position in SEA by 114.0% in the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after purchasing an additional 106 shares during the period. Zions Bancorporation National Association UT raised its position in 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 valued at $39,000 after purchasing an additional 259 shares during the period. Holos Integrated Wealth LLC purchased a new position in SEA in the fourth quarter valued at about $44,000. Finally, Cornerstone Planning Group LLC raised its position 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 valued at $70,000 after purchasing an additional 174 shares during the period. 59.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SE has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of SEA in a research note on Friday, March 27th. Morgan Stanley set a $121.00 price target on SEA and gave the stock an “overweight” rating in a research note on Friday, March 13th. Sanford C. Bernstein cut 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. Bank of America reaffirmed a “buy” rating and issued a $125.00 target price on shares of SEA in a research report on Monday, March 9th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $150.00 target price on shares of SEA in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, SEA has a consensus rating of “Moderate Buy” and an average price target of $161.66.

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.