SEA (NYSE:SE) Stock: Insider Yanjun Wang Sells 1,000 Shares

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $95.49, for a total value of $95,490.00. Following the completion of the sale, the insider owned 79,780 shares in the company, valued at approximately $7,618,192.20. This represents a 1.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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 transaction of $95,870.00.
• On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.37, for a total transaction of $95,370.00.
• 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 stock was 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 stock was 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 stock was sold at an average price of $102.00, for a total transaction of $122,400.00.

SEA Stock Performance

NYSE SE traded down $3.82 on Friday, reaching $93.68. 4,192,759 shares of the company’s stock traded hands, compared to its average volume of 4,220,959. The firm has a market cap of $57.24 billion, a price-to-earnings ratio of 36.17, a P/E/G ratio of 0.99 and a beta of 1.54. The stock has a 50 day moving average price of $107.71 and a 200-day moving average price of $98.49. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $171.09. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49.

SEA (NYSE:SE) last posted its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.16). The business had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. SEA’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.65 earnings per share. Equities research analysts predict that Sea Limited Sponsored ADR will post 2.91 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SE has been the topic of several analyst reports. Arete Research set a $152.00 target price on SEA and gave the stock a “buy” rating in a report on Monday, September 7th. Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Benchmark boosted their price target on SEA from $140.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a report on Monday, July 20th. Finally, TD Cowen restated a “hold” rating on shares of SEA in a research report on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, SEA currently has an average rating of “Moderate Buy” and a consensus target price of $149.40.

Institutional Investors Weigh In On SEA

Several hedge funds have recently modified their holdings of SE. Banque Pictet & Cie SA raised its holdings in SEA by 6.6% in the 3rd quarter. Banque Pictet & Cie SA now owns 283,921 shares of the Internet company based in Singapore’s stock worth $27,644,000 after purchasing an additional 17,657 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of SEA by 80.6% during the third quarter. Assenagon Asset Management S.A. now owns 563,692 shares of the Internet company based in Singapore’s stock worth $54,881,000 after buying an additional 251,517 shares in the last quarter. Ninety One North America Inc. acquired a new stake in shares of SEA in the third quarter valued at approximately $9,734,000. Roberts Wealth Advisors LLC raised its stake in SEA by 1.7% during the third quarter. Roberts Wealth Advisors LLC now owns 64,976 shares of the Internet company based in Singapore’s stock worth $6,326,000 after purchasing an additional 1,089 shares during the period. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in SEA in the third quarter valued at $206,000. 59.53% of the stock is owned by hedge funds and other institutional investors.

SEA Company Profile

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.