Yanjun Wang Sells 800 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 800 shares of the firm’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $89.57, for a total transaction of $71,656.00. Following the completion of the transaction, the insider directly owned 19,600 shares in the company, valued at $1,755,572. This represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

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

  • On Friday, April 17th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $92.07, for a total transaction of $73,656.00.
  • On Wednesday, April 15th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.89, for a total transaction of $71,112.00.
  • On Monday, April 13th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.75, for a total transaction of $68,600.00.
  • On Friday, April 10th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.74, for a total transaction of $68,592.00.
  • On Wednesday, April 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.62, for a total transaction of $69,296.00.
  • On Monday, April 6th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $82.98, for a total transaction of $66,384.00.
  • On Wednesday, April 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $82.66, for a total transaction of $66,128.00.
  • On Wednesday, March 25th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $81.96, for a total transaction of $65,568.00.
  • 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 transaction of $64,096.00.
  • On Friday, March 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $79.63, for a total transaction of $63,704.00.

SEA Stock Down 2.9%

SE stock opened at $86.77 on Wednesday. The company has a market cap of $51.12 billion, a price-to-earnings ratio of 34.43, a PEG ratio of 0.90 and a beta of 1.69. The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $199.30. The firm has a 50-day moving average of $92.06 and a two-hundred day moving average of $122.34.

SEA (NYSE:SEGet Free Report) last released its quarterly earnings data 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 business had revenue of $6.85 billion during the quarter, compared to analyst estimates of $6.42 billion. SEA had a net margin of 6.93% and a return on equity of 15.20%. The firm’s revenue was up 38.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.39 EPS. As a group, analysts forecast that Sea Limited Sponsored ADR will post 3.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Barclays cut their price objective on shares of SEA from $226.00 to $120.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. Sanford C. Bernstein cut their price objective on shares of SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, March 4th. Bank of America reiterated a “buy” rating and issued a $125.00 price objective on shares of SEA in a report on Monday, March 9th. JPMorgan Chase & Co. cut their price target on shares of SEA from $170.00 to $168.00 and set an “overweight” rating for the company in a report on Monday. Finally, Morgan Stanley set a $121.00 price target on shares of SEA and gave the stock an “overweight” rating in a report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $161.66.

Read Our Latest Research Report on SE

SEA News Summary

Here are the key news stories impacting SEA this week:

  • Positive Sentiment: JPMorgan slightly trimmed its price target from $170 to $168 but kept an “Overweight” rating, leaving a large implied upside vs. the current price — a constructive analyst view that can support buying interest. Read More.
  • Positive Sentiment: Several institutional investors have been increasing positions (e.g., Fred Alger, Oversea Chinese Bank, SG Americas, Charles Lim, Tennessee Dept. of Treasury), signaling continued institutional support and offsetting some selling pressure from insiders. Read More.
  • Neutral Sentiment: An Alger Mid Cap investor letter noted fund underperformance and trading activity in Q1 — comments like this can prompt rebalancing by active managers but don’t directly change Sea’s fundamentals. Read More.
  • Negative Sentiment: Material insider selling was disclosed this week and is the clearest near-term negative: Director David Y. Ma sold large blocks (114,094 on Apr 16 and 145,072 on Apr 17 — ~259k shares total), COO Gang Ye sold 10,000 shares, and other insiders (including Jingye Chen and Yanjun Wang) sold multiple tranches at ~ $90–$92. The size/timing of these sales can create selling pressure and raise short-term confidence concerns. Read More.

Institutional Trading of SEA

Hedge funds and other institutional investors have recently made changes to their positions in the company. Salomon & Ludwin LLC increased its holdings in shares of SEA by 2,860.0% during 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 last quarter. Sound Income Strategies LLC acquired a new stake in shares of SEA during the 3rd quarter worth approximately $29,000. Rothschild Investment LLC increased its holdings in shares of SEA by 114.0% during the 3rd quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after buying an additional 106 shares during the last quarter. Zions Bancorporation National Association UT increased its holdings in shares of SEA by 539.6% during the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after buying an additional 259 shares during the last quarter. Finally, Holos Integrated Wealth LLC acquired a new stake in shares of SEA during the 4th quarter worth approximately $44,000. Institutional investors and hedge funds own 59.53% of the company’s stock.

About SEA

(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.

Further Reading

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

Receive News & Ratings for SEA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEA and related companies with MarketBeat.com's FREE daily email newsletter.