Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,200 shares of SEA stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $107.85, for a total transaction of $129,420.00. Following the transaction, the insider owned 40,000 shares of the company’s stock, valued at $4,314,000. The trade was a 2.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Yanjun Wang also recently made the following trade(s):
- On Monday, July 6th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $104.67, for a total transaction of $125,604.00.
- On Wednesday, July 1st, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $100.60, for a total value of $120,720.00.
- On Monday, June 29th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $92.59, for a total transaction of $92,590.00.
- On Thursday, June 25th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $90.22, for a total transaction of $90,220.00.
- On Wednesday, June 10th, Yanjun Wang sold 800 shares of SEA stock. The shares were 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 stock was 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 stock was sold at an average price of $87.20, for a total transaction 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 transaction 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 shares were sold at an average price of $91.98, for a total transaction of $73,584.00.
SEA Stock Performance
SE stock traded up $1.76 on Friday, hitting $110.87. The company had a trading volume of 8,044,649 shares, compared to its average volume of 3,701,888. The company has a current ratio of 1.58, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30. The stock has a market cap of $67.74 billion, a price-to-earnings ratio of 43.65, a P/E/G ratio of 1.05 and a beta of 1.55. The stock’s 50-day simple moving average is $91.72 and its 200 day simple moving average is $99.95.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on SE. Zacks Research raised SEA from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. JPMorgan Chase & Co. reduced their price target on shares of SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. Barclays raised 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. Finally, TD Cowen upped their target price on shares of SEA from $100.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $155.54.
Check Out Our Latest Report on SEA
Hedge Funds Weigh In On SEA
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Zions Bancorporation National Association UT increased its position in SEA by 539.6% in 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 in the last quarter. Holos Integrated Wealth LLC purchased a new position in shares of SEA during the 4th quarter valued at about $44,000. Cornerstone Planning Group LLC lifted its position in shares of SEA by 26.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after buying an additional 174 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in shares of SEA by 102.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock valued at $144,000 after buying an additional 573 shares in the last quarter. Finally, Osbon Capital Management LLC bought a new position in shares of SEA during the 4th quarter valued at approximately $175,000. 59.53% of the stock is currently owned by hedge funds and other institutional investors.
SEA Company Profile
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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