Insider Selling: SEA (NYSE:SE) Insider Sells 800 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 800 shares of SEA stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $86.01, for a total transaction of $68,808.00. Following the transaction, the insider directly owned 18,000 shares of the company’s stock, valued at $1,548,180. This represents a 4.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • 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 transaction of $71,656.00.
  • 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.

SEA Trading Down 3.5%

Shares of NYSE SE opened at $83.31 on Friday. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The company has a market cap of $49.08 billion, a PE ratio of 33.06, a P/E/G ratio of 0.87 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. The company has a 50-day moving average of $90.97 and a two-hundred day moving average of $121.82.

SEA (NYSE:SEGet Free Report) last announced its 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 company had revenue of $6.85 billion during the quarter, compared to the consensus estimate of $6.42 billion. During the same period in the prior year, the firm posted $0.39 earnings per share. The company’s revenue was up 38.4% on a year-over-year basis. As a group, equities analysts expect that Sea Limited Sponsored ADR will post 3.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Barclays dropped their target price on shares of SEA from $226.00 to $120.00 and set an “overweight” rating for the company in a research note on Thursday, March 5th. JPMorgan Chase & Co. dropped their target price on shares of SEA from $170.00 to $168.00 and set an “overweight” rating for the company in a research note on Monday. Sanford C. Bernstein reduced their target price on shares of SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 4th. Jefferies Financial Group reiterated a “buy” rating and set a $150.00 price target on shares of SEA in a research report on Tuesday, March 3rd. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of SEA in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $161.66.

View Our Latest Report on SE

Institutional Investors Weigh In On SEA

A number of institutional investors and hedge funds have recently modified their holdings of SE. Salomon & Ludwin LLC raised its stake in shares of SEA by 2,860.0% during the third 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 bought a new stake in shares of SEA during the third quarter worth approximately $29,000. Rothschild Investment LLC raised its stake in shares of SEA by 114.0% during the third 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 raised its stake in shares of SEA by 539.6% during the fourth 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 position in SEA during the fourth quarter valued at approximately $44,000. 59.53% of the stock is owned by institutional investors.

SEA Company Profile

(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.

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

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