Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 800 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $87.87, for a total value of $70,296.00. Following the completion of the transaction, the insider owned 10,800 shares of the company’s stock, valued at $948,996. This trade represents a 6.90% decrease in their position. 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 Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $89.45, for a total value of $71,560.00.
- On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.34, for a total value of $69,072.00.
- On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.06, for a total value of $70,448.00.
- On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.58, for a total value of $70,864.00.
- On Wednesday, May 13th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $94.63, for a total value of $75,704.00.
- On Monday, May 11th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $83.74, for a total value of $66,992.00.
- On Friday, May 8th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.79, for a total value of $69,432.00.
- On Wednesday, May 6th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.38, for a total value of $70,704.00.
- On Monday, May 4th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.75, for a total value of $68,600.00.
- On Friday, May 1st, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.13, for a total value of $68,904.00.
SEA Trading Down 1.5%
Shares of SEA stock opened at $92.01 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The firm has a fifty day moving average price of $85.73 and a 200 day moving average price of $108.54. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $199.30. The stock has a market cap of $56.22 billion, a PE ratio of 36.23, a price-to-earnings-growth ratio of 0.96 and a beta of 1.57.
Institutional Investors Weigh In On SEA
Institutional investors have recently modified their holdings of the business. Lingohr Asset Management GmbH grew its position in shares of SEA by 219.4% during the 3rd quarter. Lingohr Asset Management GmbH now owns 12,700 shares of the Internet company based in Singapore’s stock valued at $2,270,000 after acquiring an additional 8,724 shares during the period. Andra AP fonden grew its position in shares of SEA by 7.0% during the 3rd quarter. Andra AP fonden now owns 144,300 shares of the Internet company based in Singapore’s stock valued at $25,791,000 after acquiring an additional 9,400 shares during the period. Fred Alger Management LLC grew its position in shares of SEA by 22.1% during the 3rd quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock valued at $515,894,000 after acquiring an additional 521,782 shares during the period. OVERSEA CHINESE BANKING Corp Ltd grew its position in shares of SEA by 24.4% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock valued at $228,549,000 after acquiring an additional 350,840 shares during the period. Finally, Rathbones Group PLC grew its position in shares of SEA by 78.6% during the 4th quarter. Rathbones Group PLC now owns 22,015 shares of the Internet company based in Singapore’s stock valued at $2,808,000 after acquiring an additional 9,688 shares during the period. 59.53% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
SE has been the subject of several recent research reports. Barclays raised their target price on shares of SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Sanford C. Bernstein reduced their target price 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. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Morgan Stanley set a $121.00 target price on shares of SEA and gave the stock an “overweight” rating in a report on Friday, March 13th. Finally, Bank of America reissued a “buy” rating and set a $125.00 target price on shares of SEA in a report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $155.54.
View Our Latest Stock Report on SE
About SEA
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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