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

by · The Markets Daily

Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,000 shares of the stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $95.49, for a total value of $95,490.00. Following the transaction, the insider directly owned 79,780 shares in the company, valued at $7,618,192.20. The trade was a 1.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through 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 shares were sold at an average price of $95.87, for a total value of $95,870.00.
  • On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.37, for a total value of $95,370.00.
  • On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $94.91, for a total value of $94,910.00.
  • On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was 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 stock was 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 stock was 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 shares were 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.

SEA Price Performance

Shares of SE opened at $97.57 on Friday. The stock has a market capitalization of $59.62 billion, a PE ratio of 37.67, a PEG ratio of 0.97 and a beta of 1.54. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $175.80. 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 company has a 50 day moving average price of $108.11 and a 200-day moving average price of $98.52.

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

Hedge Funds Weigh In On SEA

Institutional investors and hedge funds have recently bought and sold shares of the company. Grove Bank & Trust increased its position in shares of SEA by 53.9% during the third quarter. Grove Bank & Trust now owns 614 shares of the Internet company based in Singapore’s stock worth $60,000 after purchasing an additional 215 shares in the last quarter. Cornerstone Planning Group LLC lifted its holdings in shares of SEA by 26.5% during the 1st 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 last quarter. Independence Bank of Kentucky boosted its position in shares of SEA by 611.1% in the 2nd 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 in the last quarter. Osbon Capital Management LLC acquired a new stake in shares of SEA in the 4th quarter worth $175,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of SEA in the 3rd quarter worth $206,000. 59.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on SE shares. Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Barclays lifted their target price on SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. TD Cowen reiterated a “hold” rating on shares of SEA in a research note on Monday, August 17th. Royal Bank Of Canada upgraded shares of SEA from a “sector perform” rating to a “buy” rating in a report on Tuesday, September 8th. Finally, Zacks Research raised shares of SEA from a “strong sell” rating to a “hold” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, SEA presently has an average rating of “Moderate Buy” and a consensus price target of $149.40.

View Our Latest Stock Report on SEA

SEA Company Profile

(Get Free Report)

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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