Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,000 shares of SEA stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $95.37, for a total value of $95,370.00. Following the completion of the transaction, the insider directly owned 82,780 shares in the company, valued at $7,894,728.60. This represents a 1.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Yanjun Wang also recently made the following trade(s):
- 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.
- On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $94.91, for a total transaction of $94,910.00.
- On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $97.27, for a total transaction of $97,270.00.
- On Friday, October 2nd, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.15, for a total transaction of $95,150.00.
- On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $97.67, for a total transaction of $97,670.00.
- On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $98.65, for a total transaction of $98,650.00.
- On Friday, September 25th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $100.04, for a total transaction of $120,048.00.
- On Wednesday, September 23rd, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $102.76, for a total transaction of $123,312.00.
- On Monday, September 21st, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $102.00, for a total transaction of $122,400.00.
- On Thursday, September 17th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $101.55, for a total transaction of $121,860.00.
SEA Stock Performance
NYSE:SE opened at $96.08 on Wednesday. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $58.71 billion, a price-to-earnings ratio of 37.10, a PEG ratio of 0.98 and a beta of 1.54. The firm’s fifty day simple moving average is $108.76 and its 200 day simple moving average is $98.27. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $184.96.
Analysts Set New Price Targets
SE has been the topic of a number of recent research reports. Sanford C. Bernstein restated an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Arete Research set a $152.00 target price on SEA and gave the company a “buy” rating in a research note on Monday, September 7th. Benchmark raised their target price on SEA from $140.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Royal Bank Of Canada raised SEA from a “sector perform” rating to a “buy” rating in a research report on Tuesday, September 8th. Finally, Barclays boosted their price target on SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, SEA has a consensus rating of “Moderate Buy” and an average target price of $149.40.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Carrhae Capital LLP acquired a new stake in SEA during the 2nd quarter valued at $140,501,000. SG Americas Securities LLC lifted its holdings in SEA by 5.7% in the 1st 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 buying an additional 88,431 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in SEA by 6.2% in the 2nd quarter. Baird Financial Group Inc. now owns 879,107 shares of the Internet company based in Singapore’s stock worth $84,245,000 after buying an additional 50,965 shares in the last quarter. Carmignac Gestion lifted its holdings in SEA by 2.2% in the 2nd quarter. Carmignac Gestion now owns 651,818 shares of the Internet company based in Singapore’s stock worth $62,349,000 after buying an additional 14,242 shares in the last quarter. Finally, National Pension Service lifted its holdings in SEA by 10.0% in the 2nd quarter. National Pension Service now owns 605,437 shares of the Internet company based in Singapore’s stock worth $58,019,000 after buying an additional 54,819 shares in the last quarter. 59.53% of the stock is currently owned by hedge funds and other institutional investors.
About SEA
Sea Limited is a Singapore-based technology company that operates digital consumer businesses across Southeast Asia, Taiwan and selected markets in Latin America and other regions. Founded in 2009, the company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in 2017 before completing its initial public offering on the New York Stock Exchange that year.
Sea’s principal businesses include Garena, a digital entertainment platform that publishes and develops online games and provides related digital content and services.
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