Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,500 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $113.00, for a total transaction of $169,500.00. Following the sale, the insider directly owned 11,500 shares in the company, valued at $1,299,500. This represents a 11.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Yanjun Wang also recently made the following trade(s):
- On Monday, August 10th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $114.58, for a total transaction of $171,870.00.
- On Wednesday, August 5th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.27, for a total value of $169,905.00.
- On Monday, August 3rd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $109.81, for a total value of $164,715.00.
- On Thursday, July 30th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $105.39, for a total value of $126,468.00.
- On Wednesday, July 29th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $108.70, for a total transaction of $163,050.00.
- On Monday, July 20th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $106.50, for a total transaction of $127,800.00.
- On Monday, July 27th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $104.08, for a total transaction of $124,896.00.
- On Friday, July 24th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $99.65, for a total transaction of $119,580.00.
- On Monday, July 13th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $112.35, for a total transaction of $168,525.00.
- On Friday, July 10th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.33, for a total transaction of $169,995.00.
SEA Trading Up 1.2%
Shares of NYSE SE opened at $114.81 on Tuesday. The company’s fifty day moving average is $99.67 and its 200-day moving average is $96.63. The stock has a market cap of $70.15 billion, a price-to-earnings ratio of 45.20, a P/E/G ratio of 1.09 and a beta of 1.54. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $199.30. The company has a quick ratio of 1.56, a current ratio of 1.58 and a debt-to-equity ratio of 0.05.
Institutional Trading of SEA
A number of hedge funds and other institutional investors have recently made changes to their positions in SE. Woodline Partners LP bought a new stake in shares of SEA in the first quarter worth $4,028,000. BI Asset Management Fondsmaeglerselskab A S grew its position in SEA by 248.7% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore’s stock valued at $6,268,000 after purchasing an additional 27,953 shares in the last quarter. Captrust Financial Advisors grew its position in SEA by 4.2% in the second quarter. Captrust Financial Advisors now owns 27,188 shares of the Internet company based in Singapore’s stock valued at $4,348,000 after purchasing an additional 1,084 shares in the last quarter. State of Tennessee Department of Treasury grew its position in SEA by 5.4% in the second quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore’s stock valued at $86,880,000 after purchasing an additional 27,964 shares in the last quarter. Finally, Morse Asset Management Inc increased its stake in SEA by 21.1% in the 2nd quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore’s stock valued at $1,946,000 after buying an additional 2,121 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have issued reports on SE shares. TD Cowen lowered their price target on SEA from $108.00 to $100.00 and set a “hold” rating for the company in a report on Tuesday, August 4th. JPMorgan Chase & Co. cut their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Barclays boosted their price objective on SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Sanford C. Bernstein reiterated an “outperform” rating on shares of SEA in a report on Monday, July 20th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $154.81.
Read Our Latest Research 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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