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

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $90.22, for a total value of $90,220.00. Following the transaction, the insider owned 50,200 shares in the company, valued at approximately $4,529,044. The trade was a 1.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Wednesday, June 10th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $82.36, for a total transaction of $65,888.00.
  • On Monday, June 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $84.39, for a total transaction of $67,512.00.
  • 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 transaction of $76,888.00.
  • On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was 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 transaction 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 transaction 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 transaction 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.

SEA Price Performance

SE opened at $91.36 on Monday. The firm has a market cap of $55.82 billion, a PE ratio of 35.97, a P/E/G ratio of 0.95 and a beta of 1.57. The stock has a 50-day moving average price of $88.44 and a 200-day moving average price of $101.22. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $199.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56.

SEA (NYSE:SEGet Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.08). The firm had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. The business’s revenue for the quarter was up 46.6% compared to the same quarter last year. During the same period last year, the company posted $0.65 earnings per share. Sell-side analysts predict that Sea Limited Sponsored ADR will post 3.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SEA

A number of large investors have recently added to or reduced their stakes in SE. Fred Alger Management LLC lifted its holdings 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 buying an additional 521,782 shares during the period. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in shares of SEA by 24.4% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock worth $228,549,000 after acquiring an additional 350,840 shares during the period. SG Americas Securities LLC grew its holdings in shares of SEA by 5.7% in the first quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore’s stock worth $135,999,000 after acquiring an additional 88,431 shares during the period. Charles Lim Capital Ltd increased its position in SEA by 172.7% during the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock valued at $95,678,000 after acquiring an additional 475,000 shares during the last quarter. Finally, State of Tennessee Department of Treasury increased its position in SEA by 32.4% during the fourth quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore’s stock valued at $83,750,000 after acquiring an additional 175,746 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on SE shares. Barclays boosted their price objective on shares of SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Bank of America reissued a “buy” rating and issued a $125.00 target price on shares of SEA in a report on Monday, March 9th. Sanford C. Bernstein decreased their price target on SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a research note on Wednesday, March 4th. JPMorgan Chase & Co. lowered their price target on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Finally, Zacks Research raised SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, SEA has a consensus rating of “Moderate Buy” and a consensus target price of $155.54.

View Our Latest Analysis on SEA

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.

Further Reading

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

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