Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 800 shares of SEA stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $84.39, for a total value of $67,512.00. Following the completion of the transaction, the insider owned 2,800 shares in the company, valued at $236,292. This trade represents a 22.22% decrease in their position. The transaction 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 Friday, June 5th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $87.20, for a total value of $69,760.00.
- On Wednesday, June 3rd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $90.53, for a total value of $72,424.00.
- On Monday, June 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $96.11, for a total value of $76,888.00.
- On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $91.98, for a total value of $73,584.00.
- 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 Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $87.87, for a total value of $70,296.00.
- 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.
SEA Price Performance
Shares of SE stock opened at $84.90 on Wednesday. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The firm has a market capitalization of $51.88 billion, a price-to-earnings ratio of 33.43, a PEG ratio of 0.88 and a beta of 1.57. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.58. The stock’s 50-day simple moving average is $87.21 and its 200-day simple moving average is $105.42.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on SE. Weiss Ratings restated a “hold (c-)” rating on shares of SEA in a research note on Friday, March 27th. Sanford C. Bernstein dropped their target price on SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. Bank of America reiterated a “buy” rating and issued a $125.00 target price on shares of SEA in a research report on Monday, March 9th. Morgan Stanley set a $121.00 target price on SEA and gave the company an “overweight” rating in a research report on Friday, March 13th. Finally, JPMorgan Chase & Co. dropped their target price on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, SEA currently has an average rating of “Moderate Buy” and an average price target of $155.54.
View Our Latest Stock Analysis on SEA
Institutional Investors Weigh In On SEA
Hedge funds have recently bought and sold shares of the stock. Rothschild Investment LLC boosted its position in SEA by 114.0% in the 3rd quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after purchasing an additional 106 shares in the last quarter. Zions Bancorporation National Association UT grew its stake in SEA by 539.6% in the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock valued at $39,000 after acquiring an additional 259 shares during the period. Holos Integrated Wealth LLC acquired a new stake in SEA in the 4th quarter valued at $44,000. Hillsdale Investment Management Inc. increased its holdings in SEA by 44.4% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore’s stock worth $116,000 after acquiring an additional 200 shares in the last quarter. Finally, Cornerstone Planning Group LLC raised its position in SEA by 461.5% during the fourth quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore’s stock worth $83,000 after acquiring an additional 540 shares during the period. Hedge funds and other institutional investors own 59.53% of the company’s stock.
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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